Risk and Governance Senior - Investments and Capital Markets

Freddie Mac
McLean, VA
Oct 11, 2019
Oct 22, 2019
Full Time
This position will perform technology-related control and compliance (first line of defense) activities for the Investments & Capital Markets (I&CM) division's Business Technology Office (BTO). Reporting to the BTO's Risk & Control Manager, the successful candidate will collaborate with the divisional Risk & Control group, technology teams, and business stakeholders to provide on-going risk assessments, design and implement appropriate controls, lead issue remediation efforts, and report to senior management on technology control and compliance activities. The position will also work closely with: i) Information Technology and Finance (other first lines of defense); ii) Enterprise Risk Management, Compliance and Vendor Risk Management (second lines of defense); and iii) Internal Audit (third line of defense).

You will fall into two primary categories:

Risk and Controls Assessment
  • Supporting the establishment and maintenance of SOX and operational controls across all I&CM technology activities
  • Continuously monitoring the I&CM and IT control environments to identify control gaps, emerging risks and mitigation strategies
  • Tracking, monitoring and reporting on divisional technology risk and control issues
  • Providing risk and controls input for I&CM new business initiatives
  • Coordinating with the divisional Risk & Control group on audits and exams, including managing action plans to timely and accurate completion

Risk and Controls Governance
  • Supporting implementation of the Three Lines of Defense and other corporate operational risk initiatives
  • Creating and maintaining BTO process and procedure documentation for risk and controls activities
  • Generating risk and compliance-related materials for I&CM, IT, ERM, IA and FHFA, including periodic updates and time-sensitive requests


  • 5+ years of audit, control, compliance or operational risk experience in technology processes supporting financial services
  • Bachelor's degree in relevant field
  • Demonstrated ability to assess the adequacy of internal controls in mitigating risk
  • Experience implementing Sarbanes-Oxley requirements and/or Risk and Control Self-Assessments (RCSA)
  • Experience defining and documenting business processes and functions
  • Excellent oral and written communication skills
  • Ability to influence others and develop effective firm-wide relationships
  • Ability to track and report on achievement of plans/projects

Keys to Success In this Role
  • Excellent verbal and written communication skills
  • Ability to think critically and logically
  • Ability to influence others and develop effective firm-wide relationships
  • Demonstrated ability to work independently

​Top 3 Personal Competencies to Possess
  • Leadership: Click here to choose the behavior that best reflects your role
  • Partnership: Build trust and strong partnerships through my own and my team's actions
  • Seek and Embrace Change: Continuously improve work processes rather than accepting the status quo

Preferred Skills

Preferred Skills
  • CPA, CIA, CISA or other professional certification
  • Public accounting or internal audit experience preferred
  • Knowledge of secondary mortgage market and Freddie Mac's business
  • Understanding of capital markets trading and/or middle and back office functions
  • Familiarity with Freddie Mac-specific technology processes
  • Knowledge of fixed income and derivative products
  • Knowledge/Experience in: MS Project, PowerPoint, Visio, Excel, Word, SharePoint
  • Ability to track and report on achievement of plans/projects

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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