Freddie Mac’s Customer Compliance Management (CCM) department in the Multifamily Division is currently seeking a Counterparty Credit Risk Management Senior. The hired candidate will assist the department in managing credit risks from business transacted with financial institutions, mortgage banks, and other institutions in the Multifamily Housing sector.
If you are an analytical team player who is interested in intellectual challenges and helping create, preserve and improve Multifamily Housing, you are invited to join our dynamic and exciting organization.
Your work in this role will include:
Performing credit analysis on counterparties evaluating their creditworthiness and recommending internal risk ratings and exposure limits
Conducting surveillance of news media for counterparty developments and monitoring of counterparty internal risk ratings and related risk exposure against assigned limits for escalation to management
Recommend risk mitigating actions within policy guidelines as necessary
Assist in developing the department’s infrastructure for managing and reporting counterparty credit risk and generating routine reports for distribution to key stakeholders
Drafting of departmental procedures for review and approval by management
Working on issues of diverse scope where analysis of situation or data requires evaluation of a variety of factors, including an understanding of mortgage industry trend, counterparty business strategy, and financial performance
Typically has at least 5 years of experience analyzing regulated financial institutions, including banks and credit unions
Bachelor’s degree in Accounting or Finance
Proven analytical and problem solving skills
Intermediate understanding of financial statements
Advanced MS Office Suite skills and experience, with an emphasis on Excel and Access
Keys to Success in this role:
Strong work ethic and a positive, can-do attitude
Strong presence with the ability to interact with team members and senior leadership
Independent worker and analytical thinker with an ability to conduct research, and data analysis
Intellectual agility and interpersonal flexibility
Self-motivated analytical thinker that needs little to no supervision in a team based environment
Top 3 Personal Competencies to possess:
Drive for Execution
Seek & Embrace Change
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.