Capital Markets Compliance Senior

Freddie Mac
McLean, Virginia
Apr 16, 2021
Apr 17, 2021
Full Time
At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview:
As a key member of the Capital Markets Compliance (CMC) second line of defense (2LOD) Trust Oversight team, your primary responsibilities will be overseeing the effectiveness of Freddie Mac's first line of defense's risk identification, risk assessment, and risk mitigation activities relating to Master Trust Agreement (MTA) and trustee programs.

The team performs risk assessments, monitoring and independent compliance testing of MTA and trustee programs, and securities and derivatives compliance, across the Single Family, Multifamily and Investments & Capital Markets divisions. This individual will assist in the assessment, monitoring, testing and reporting activities that the team performs in its comprehensive oversight of MTA and trustee programs and functions. Within the ERM Framework, you will use and maintain tools and information to support a program and culture that emphasizes execution, partnership, flexibility and excellence. Apply now and learn why there's #MoreAtFreddieMac!

**This position can be performed currently from a remote location in the U.S. but will require presence in a Freddie Mac office in the future.**
Our Impact:
This role is part of the Compliance Department, in the Enterprise Risk Management Division of Freddie Mac. Compliance serves as the second line of defense, with oversight to Legal and Compliance risk in our company's core business functions. The Trust Oversight team within CMC seeks to ensure the firm's compliance with capital markets-related laws and regulations and MTA/trustee program contractual obligations, by performing oversight activities such as risk assessment, monitoring and MTA compliance testing.
Your Impact:Analysis and Assessment
  • Execution of the Compliance risk program and Enterprise Operational Risk Policy
  • Support of Subject Matter Experts performing compliance risk assessments on securities and derivatives and MTA compliance risks of business areas within the SF, MF and I&CM divisions
  • Execution and documentation of monitoring and testing activities, and communication of results in reports
Risk Management and Reporting
  • Own and maintain tools for documenting compliance monitoring and testing activities
  • Support update of obligations in Compliance's obligations library
  • Support the department's compliance with corporate obligations such as privacy standards and records management requirements
  • Track and manage open inquiries, issues and remediation activities
  • Bachelor's Degree and 5-7+ years of directly-related experience in a risk management and/or compliance role
  • Experience with conducting and documenting testing and/or auditing activities
  • Experience writing policies and procedures
  • Strong oral and written communication skills
  • Experience using Excel, Word and SharePoint
  • Knowledge of mortgage industry and securitization
Keys to Success in this Role:
  • Self-starter with outstanding attention to detail and organizational skills
  • Ability to manage competing priorities in a dynamic environment
  • Passionate about risk management and capital markets
  • Strong communicator who is comfortable working with people at all levels
  • Inquisitive and enjoys learning!

Current Freddie Mac employees please apply through the internal career site.

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.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit and register with our referral code: MAC.

Time-type:Full time

Job Category:Compliance

FLSA Status:Exempt

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