Counterparty Risk & Compliance Associate (Hybrid - 3 Days in Office) Job at Freddie Mac, McLean, VA

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  • Freddie Mac
  • McLean, VA

Job Description

Explore opportunities for the next step in your career.

Position Overview:

Freddie Mac Multifamily is a leading innovator in the Multifamily mortgage market, and we are seeking a motivated and independent associate to join our dynamic counterparty risk management team. If you are passionate about commercial real estate, eager to learn about risk management, and thrive in a self-driven environment, we want to hear from you. As a member of the Counterparty Risk & Compliance team, you will play a crucial role in assessing and managing risk associated with our business partners. This position offers an excellent opportunity to work independently, grow your expertise in the commercial real estate industry, and contribute to the success of our risk management efforts.

Our Impact:

Our team is responsible for reducing counterparty risk to Freddie Mac Multifamily by:

  • Evaluating and mitigating risk posed by new counterparties that want to do business with Freddie Mac Multifamily.

  • Reviewing and approving the expansion of business that current counterparties can conduct with Freddie Mac Multifamily.

  • Performing risk assessments on existing counterparties undergoing organizational changes (e.g., mergers, acquisitions).

  • Implementing third-party risk management strategies for the Multifamily division.

Your Impact:

You will have an impact in helping to reduce counterparty risk by:

  • Assessing risk presented by new and existing counterparties.

  • Recommending mitigating actions for reducing counterparty risk.

  • Implementing risk mitigates to ensure compliance with stated requirements.

  • Managing customer interaction throughout the evaluation process.

  • Supporting existing risk reporting processes.

  • Identifying additional risk impacts by understanding the multifamily business.

Qualifications:

  • Bachelor’s degree in Finance, Business Administration, Economics, Real Estate, or related field.

  • Excellent verbal and written communication skills.

  • Strong analytical and problem-solving skills with a keen attention to detail.

  • Ability to work both independently and collaboratively.

  • Proficiency in Microsoft Office.

  • Eagerness to learn about commercial real estate and risk management.

  • Prior experience in risk management, financial services, or management consulting preferred.

Keys to Success in this Role:

  • Commitment to excellence: candidate takes initiative, pays attention to detail, and achieves results.

  • Focus on collaboration: candidate shows executive presence, manages collaborative relationships, and facilitates effective meetings.

  • Willingness to learn: candidate seeks to gain knowledge of the multifamily business and processes, and uses that knowledge to understand the needs of our business partners.

  • Analytical problem solver: candidate displays sound professional judgement, identifies solutions, and asks critical questions.

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.

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 $57,000 - $85,000 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. #J-18808-Ljbffr

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