Finance Risk and Control Testing Professional

Freddie Mac
McLean, VA
Jul 26, 2017
Aug 18, 2017
Full Time
Position Overview
Operational Risk Management group is responsible for identifying operational risks, measuring and reporting on the risks, monitoring our risks, holding capital for these risks, and establishing sound governance over operational risk. The Director, Operational Risk and Controls, is seeking a Financial Risk & Controls Testing Professionalto join the Risk & Controls team. The person in this role will undertake assessments of business unit exposures, identifying risks, evaluating their potential impact and reviewing the strengths and weaknesses of the organizations existing controls. Major objectives of operational risk are to reduce income volatility for the organization as well as to increase the level of customer service and satisfaction. Actions will be taken to maximize preparedness for business continuity as well as change management. Staff will then, where necessary, work with other risk functions to develop and implement controls that mitigate these risks. Once the controls are in place, staff will continue to monitor control compliance and the prevalent risk environment to ensure that exposures are kept at acceptable

Responsibilities include:

* Under normal supervision, perform design and operation effectiveness testing of controls over significant accounts, disclosures and processes, as part of the company’s SOX compliance as well as Operational Risk Management Framework.
* Document test execution, ensuring that all appropriate risks are identified and documented.
* Analyze, document, and monitor issues identified, including root cause analysis, control failure identification, level of significance assessment for deficiencies and remediation plans.
* Maintain a current level of expertise relating to professional standards and emerging industry and technical developments, including US GAAP, COSO, PCAOB and emerging technologies and best practices

Basic Requirements
* Minimum of 2 plus years of service of previous experience in public accounting or internal audit; other relevant experience may be considered.
* Bachelor degree in Accounting, Information Systems, Computer Science, Business Administration or related field.
* Audit and SOX 404 with Big Four Accounting Firm and/or corporate internal audit functions

Preferred Skills
* CPA or other relevant professional certifications (i.e., CIA, CISA) preferred.
* Strong written and oral communication skills.
* Financial Services industry experience preferred

Closing Statement
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others. Freddie Mac is an equal opportunity and top diversity employer. EOE, M/F/D/V.

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