Quality Assurance Credit Risk Director

Employer
Freddie Mac
Location
McLean, VA
Salary
Competitive
Posted
Oct 04, 2019
Closes
Oct 15, 2019
Ref
12550BR
Function
Analyst
Hours
Full Time
Are you an inspirational leader that has a proven track record of managing a small to medium team of single-family mortgage underwriters? Do you thrive in an environment that requires collaboration but also relies on your ability to influence opinion? If you have a desire to help our organization strengthen its Enterprise Risk Management (ERM) function through executing and improving upon our Quality Assurance (QA) process, then this could be the perfect opportunity for you. You will present your team's findings and recommendations to senior management. The outcome of your team's work will help identify areas of improvement in Freddie Mac's Quality Control function, gaps in our loan requirements, fraud trends, training opportunities, or other business enhancements. If this interests you, apply to lead the QA team and join Freddie Mac as we build a better housing finance system.

Your Work Falls into Three Primary Categories

Effective Team Management and Inspirational Leadership
  • Manage and develop a small to medium team of seasoned single-family mortgage underwriters
  • Develop a sense of team and company pride in your department, leading by example
  • Develop a relationship with each team member and understand what motivates them to be at their best
  • Be recognized throughout the company as the subject matter expert in underwriting principles and quality assurance methodologies

Industry Best Practice Research and Innovation
  • Keep abreast of industry innovations in technology to improve effectiveness of reviews
  • Develop cross department and cross company contacts to be stay informed of industry fraud and defect trends and best practices for identification of trends
  • Have deep knowledge of Freddie Mac (or Fannie Mae) loan approval guidelines and policies

Strategy Development and Implementation
  • Ensure that the strategy will deliver insights to the robustness of our Quality Control review and our internal policies and procedures
  • Seek review opportunities from other partners across the organization
  • Leverage data and evaluation findings to help inform training and development efforts
  • Execute self-testing methodologies to ensure the team is effectively implementing the strategy


Qualifications

Qualifications
  • 12+ years of experience in single family mortgage underwriting and quality assurance review
  • 4+ years of experience leading small to medium teams of underwriters or QA analysts
  • College degree or equivalent experience; advanced studies/degrees preferred
  • Excellent interpersonal and partnership skills

Keys to Success in this Role
  • Possess critical thinking skills and sound judgment for evaluating loan quality
  • Resolve identified issues with other senior stakeholders, using a mix of strength of conviction and partnership
  • Plan and successfully execute multiple concurrent projects
  • Interpret data to inform strategy and direction

Top Three Personal Competencies to Possess
  • Leadership: Set and execute upon a clear vision, strategy, and/or goals
  • Partnership: Build trust and strong partnerships within the team and first line of defense business areas
  • Growth and Development: Develop the team and help others to be better contributors and leaders


Preferred Skills

Preferred Skills
  • Advance degree in a related field (e.g. Finance, Accounting, Economics, Business, Mathematics)


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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