Multifamily Counterparty Credit Risk Management Senior

Employer
Freddie Mac
Location
McLean, VA
Salary
Competitive
Posted
Jul 17, 2019
Closes
Jul 26, 2019
Ref
10243BR
Function
Accountant
Hours
Full Time
Freddie Mac's Customer Compliance Management (CCM) department in the Multifamily Division is currently seeking a Counterparty Credit Risk Management Senior. The hired candidate will assist the department in managing credit risks from business transacted with financial institutions, mortgage banks, and other institutions in the Multifamily Housing sector.

If you are an analytical team player who is interested in intellectual challenges and helping create, preserve and improve Multifamily Housing, you are invited to join our dynamic and exciting organization.

Your Work Will Fall Into Two Primary Categories:

Institutional Credit Analysis and Surveillance
  • Performing credit analysis on counterparties evaluating their creditworthiness and recommending internal risk ratings and exposure limits
  • Conducting surveillance of news media for counterparty developments and monitoring of counterparty internal risk ratings and related risk exposure against assigned limits for escalation to management
  • Working on issues of diverse scope where analysis of situation or data requires evaluation of a variety of factors, including an understanding of mortgage industry trend, counterparty business strategy, and financial performance

Reporting
  • Assist in developing the department's infrastructure for managing and reporting counterparty credit risk and generating routine reports for distribution to key stakeholders
  • Recommending risk mitigating actions within policy guidelines as necessary
  • Drafting and updating departmental procedures for review and approval by management


Qualifications

Qualifications
  • Typically has at least 5 years of experience analyzing regulated financial institutions, including banks and credit unions
  • Bachelor's degree in Accounting or Finance
  • Proven analytical and problem solving skills
  • Intermediate understanding of financial statements
  • Advanced MS Office Suite skills and experience, with an emphasis on Excel and Access

Keys to Success in this role:
  • Strong work ethic and a positive, can-do attitude
  • Strong presence with the ability to interact with team members and senior leadership
  • Independent worker and analytical thinker with an ability to conduct research, and data analysis
  • Intellectual agility and interpersonal flexibility
  • Self-motivated analytical thinker that needs little to no supervision in a team based environment

Top 3 Personal Competencies to possess:
  • Drive for Execution - Be accountable for strong individual and team performance
  • Partnership - Build trust and strong partnerships through my own and my team's actions
  • Seek & Embrace Change - Actively support culture change initiatives


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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