Single Family Credit Risk Transfer Director

Employer
Freddie Mac
Location
McLean, VA
Salary
Competitive
Posted
Aug 13, 2019
Closes
Aug 22, 2019
Ref
12316BR
Function
Analyst
Hours
Full Time
The SF Credit Risk Transfer Director role is based in McLean, VA, and will be responsible for Freddie Mac's Single-Family Credit Risk Transfer reinsurance portfolio This position will report directly to the Vice President, Credit Risk Transfer.

Your work falls into three primary categories:

Negotiating Transactions
  • Responsible for Freddie Mac's Single-Family Credit Risk Transfer reinsurance portfolio.
  • Structure and execute reinsurance contracts.
  • Work extensively with internal staff from various divisions coordinating and negotiating transactions.

Relationship Management
  • Hire and work closely with brokerage groups in pitching deals to reinsurers. Responsible for developing and maintaining relationships with reinsurers.
  • Negotiate structure, terms, and price.
  • Develop marketing materials for roadshows and presentations. Responsible for allocating reinsurance lines, enforcing collateral requirements, and adhering to counterparty risk policies.

Leadership
  • Establishes operational objectives and work plans, and delegates assignments to staff.
  • Involved in developing, modifying and executing company policies that affect immediate operations and may also have company-wide effect. Works on issues where analysis of situations or data requires an in-depth knowledge of organizational objectives.
  • Implements strategic policies when selecting methods, techniques, and evaluation criteria for obtaining results.
  • Establishes and assures adherence to budgets, schedules, work plans, and performance requirements. Regularly interacts with senior management or executive levels on matters concerning several functional areas, divisions, and/or customers.
  • Requires the ability to change the thinking of, or gain acceptance from, others in sensitive situations, without damage to relationship.


Qualifications

Qualifications
  • 12+ years of related experience
  • College Degree or equivalent work experience
  • 4+ years management experience
  • Extensive work with the reinsurance industry
  • 5+ years experience with Single-Family GSE business
  • Quantitative skills specific to single-family mortgage credit

Keys to success in This Role
  • Quantitative skills specific to single-family mortgage credit
  • Strong consultation and communication skills
  • Relationship management both external and internal
  • Leadership and development of team members
  • Participate in collaborative teams in dynamic work and market environment

Top 3 Personal Competencies to possess
  • Leadership - Set and execute upon a clear vision, strategy, and/or goals
  • Seek and Embrace Change - Continuously improve work processes rather than accepting the status quo
  • Growth and Development - Know or learn what is needed to deliver results and successfully compete


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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