Resolution & Recovery Director

Freddie Mac
McLean, Virginia
Jul 22, 2021
Aug 21, 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:

Are you an accomplished leader with a passion for operational resilience and are familiar with direction of the industry? Are you someone who enjoys working with Senior Management to tackle and find solutions to technical problems? If so, apply today to our growing Enterprise Operations & Technology's Operational Resilience Team!

The Operational Resilience team protects corporate assets from significant business interruptions by optimizing risk management and building operational resiliency. As a result of a recent regulatory requirement, Freddie Mac is required to develop and submit Resolutions plans.

Operations and Technology are key to the resolvability. A significant component of this work is to evaluate and develop strategies and understand the interconnectedness across the enterprise in supporting the business services.

The Resolution function is a new function required as a result of the regulatory requirements. The Resolution Director will be an integral player to developing the strategy for the execution and submission of the Operations & Technology components supporting the Resolution plans and will need to work closely with the Enterprise team and key partners.

*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:
  • Identify opportunities for strategic improvement in risk mitigation and resolving business interruptions due to industry changes, natural disasters, technical crisis, new business initiatives, and/or regulatory compliance
  • Address impediments to an orderly resolution, enhance resolution and recovery planning capabilities, maximize business opportunities while minimizing capital and structural inefficiencies.
  • Develop strategies and project plan related to these remediation initiatives
  • Robust problem solving and analytical skills, with diligence and superior attention to detail to ensure internal governance standards are met, sufficient to withstand scrutiny of senior executives, Regulators and Internal Audit
  • Experience with liquidity management, financial forecasting and capital stress testing strongly desired
  • Collaborate with partners to identify enterprise risk associated with business disruption and create effective strategies for recovery within an established timelines and minimal impact.
  • Partner with divisional process owners of critical business processes to demonstrate and maintain continuity of operations.
  • Ability to influence and build strong relationships with people at varying levels across the organization

Your Impact:
  • Managing the Resolution effort for Enterprise Operations & Technology in partnership with the divisions.
  • Handling the Operations & Technology effort in support of Resolution planning. Development and implementation of an integrated framework for Resolution plans using the Operational Resilience program.
  • Partner with our Senior Operating Committee, Executive Crisis Management Team, and external consultants, regulators, business partners, in order to facilitate the successful execution and implementation of these remediation initiatives.
  • Presenting sophisticated ideas through the development of concise presentations to senior leadership and regulators is also critical.
  • As a subject matter expert, play an integral role in one of Freddie Mac's key strategic priorities, and have significant exposure to senior management.
  • Ensure the successful execution and implementation of remediation efforts for Resolution and Recovery. Ability to discern ambiguous instructions, regulator requests or guidance, and recommend appropriate course of action

  • 12+ years of related experience in the primary mortgage market, secondary mortgage market, or financial industry and 4+ years of management experience
  • Professional qualification/ Master's degree and/or equivalent experience.
  • Understanding of Operational Resilience and implications across the industry
  • Experience in Resolution planning is required

Keys to Success in this Role:
  • Leadership skills and ability to influence strategy & direction of the program.
  • Excellent collaborator and ability to work & collaborate with peers & work as part of a team.
  • Collaborate with cross divisional teams.
  • Execution & delivery focused - ability to multitask and work optimally to meet frequent deadlines.
  • Thought leadership and ability to understand inter-connectivity b/w functions, divisions and processes.
  • Comfortable conversing with a broad range of external customers, and internal business areas to drive integration across the programs.
  • Understand how data flows into Freddie Mac systems throughout the life of a mortgage loan and interdependencies across the divisions

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:Operations

FLSA Status:Exempt

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