Counterparty Credit Risk Management, Senior (Hybrid - 3 days in office - VA)

Freddie Mac · Other US Location

Company

Freddie Mac

Location

Other US Location

Type

Full Time

Job Description

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:

  • Review and assess the credit strength of counterparties such as Banks and Corporates that Freddie Mac conducts business with.
  • Assist in financial continuous due-diligence activities on Banks and Corporates.
  • Play an active role in the development of methodologies and related risk reporting on counterparty related items.

Our Impact:

  • Our team is responsible for managing Freddie Mac’s counterparty credit risk exposure to Banks and Corporates
  • Ensure that counterparty risks are adequately evaluated, and that adverse portfolio and/or individual counterparty trends are identified in a proactive manner.

Your Impact:

  • Assess on an ongoing basis the creditworthiness of Banks and Corporate counterparties.
  • Assign internal counterparty ratings and document the corresponding rationale similar to a rating agency credit opinion.
  • Conduct due diligence on new counterparty applicants as needed as part of internal approval processes.
  • Develop recommendations for corrective actions to address counterparty non-compliance.
  • Assist in the development and improvement of counterparty eligibility requirements and related policies and procedures.
  • Manage and monitor internal counterparty risk exposures against corporate limits.
  • Conduct credit risk analyses of emerging industry issues and industry trends.
  • Find opportunities for operational improvement that streamline or improve existing processes.
  • Perform periodic management reporting related to counterparty credit risk and assist in developing presentations to senior management.

Qualifications:

  • 5-7+ years of related professional work experience in financial services, consulting, risk management, or a related field
  • BS/BA degree in finance, economics, accounting, or a related degree
  • Ability to assess a company’s financial strength through analyzing its financial documents, statements, and other related materials.
  • Proficient in MS Office with advanced skills in Excel

Keys to Success in this Role:

  • Excellent analytical skills
  • Good verbal and written communication skills
  • Ability to work independently with limited direct supervision.

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.

CA Applicants:  Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

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 www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Exempt

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $105,000 - $157,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.

Apply Now

Date Posted

09/28/2024

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