Product Innovation Manager

Freddie Mac
McLean, VA
Apr 12, 2019
Apr 12, 2019
Full Time
Freddie Mac is currently seeking a Product Innovation Manager to join the Credit Innovation and Analytics team in the Single-Family division. The team owns credit policy and analytics as it pertains to the borrower's capacity to repay the mortgage. The team is responsible for developing and implementing technical solutions for automating the manual processes of assessing borrower assets and income using big data, analytics and third-party service providers.

This position will play an important role on all Capacity related offerings to drive consistent and deep understanding of the value proposition with our clients for automated evaluation of borrowers' capacity (assets, income, employment). This person will work with clients to develop pilots and test & learns, specifically to engage directly with clients like Chase, Quicken, Wells, Bank of America, USBank.

Responsibilities include:

*Understand and provide input into building Freddie Mac technical solutions related to Asset and Income (Capacity) to increase efficiency for our Clients.
*Work directly with clients like Chase, Quicken, Wells, Bank of America and USBank to understand their unique needs.
*Understand client's unique market/technological position and ensure our solution meets their specific needsk with clients to develop pilots and test & learns related asset and income.
*Ensure Freddie Mac solutions are operational and increase efficiencies by understanding the loan origination process and our internal solutions.
*Partner with internal stakeholders within CIA and across Freddie Mac team to help build and deliver innovation solutions.
*Partner with internal teams on all Capacity related offerings to drive consistent and deep understanding of the value proposition with our clients
*Perform as strategic partner to head innovation and influence change
*Partner with other teams across Freddie Mac to help with client adoption of the technology /solutions
*Increase client focus across Capacity innovation activities
*Partner within CIA team other teams across policy during the build out and implementation of the solutions.


*Typically 8-10 years of experience in the risk and product space working with clients.
*Bachelor's Degree in Business management, economics
*5+ years experience project/product management experience
*Strong communication skills
*Primary and secondary market experience
*Minimum two years people management experience

Keys to success

*Intellectual agility and interpersonal flexibility
*Ability to work across silos
*Deep curiosity to learn about new trends and topics

Top 3 personal competencies to possess

*Seek and Embrace Change: Continuously improve work processes rather than accepting the status quo
*Partnership - Build trust and strong partnerships through my own and my team's actions
*Leadership- Lead from the fron t, balancing delegation with doing

Preferred Skills

*MBA other graduate degree
*Primary (lender) mortgage market and secondary market experience
*Lender mortgage origination process

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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