Senior Director- Risk Identification and Insights

At Freddie Mac our mission of Making Home Possible is what motivates us and its at the core of everything we do. Since our charter in 1970 we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

Position Overview:

The Senior Director Risk Identification & Insights is responsible for the enterprise risk identification and assessment. The position also performs cross-domain risk synthesis and independent surveillance of financial and nonfinancial risk. The Senior Director leads this team and is accountable for connecting risk identification risk surveillance risk appetite risk assessment change management to inform risk escalation and reporting. This role requires fluency across both financial risk (market credit portfolio) and non-financial risk (operational model and compliance risks) the teams core value is connecting signal across both domains and the leader must be able to evaluate challenge and integrate work from specialists in each.

Our Impact:

Freddie Macs Risk Appetite & Insights team is part of Enterprise Risk Management second-line function. It is responsible for enterprise risk identification assessment aggregation appetite reporting cross-domain risk synthesis and surveillance of emerging risk.

Your Impact:

• Own the enterprise risk identification and assessment program; facilitate the activity to ensure consistency across financial and nonfinancial risk domains.
• Lead the annual enterprise risk aggregation consolidating top and emerging risks submitted across 1LOD divisions into a single enterprise-level view and recommend the enterprises material risks to the CRO.
• Direct the synthesis of risk identification assessment and independent surveillance work financial and nonfinancial into a connected enterprise risk insight view feeding both the annual aggregation and ongoing senior leadership reporting.
• Evaluate internal and external data driven insight before escalation: does the connected view hold up is it distinguishable from noise does it represent genuine risk convergence across domains rather than coincidence.
• Build and lead a team spanning methodology financial risk insight and nonfinancial risk insight.
• Represent the function to senior risk leadership including in settings where the teams findings conflict with the prevailing view held by business or other risk functions.

Qualifications:

• 12 years in enterprise risk management with direct experience in both financial risk (credit market or portfolio risk) and nonfinancial risk (operational cyber or compliance).
• Demonstrated experience leading or contributing to an enterprise-level risk identification aggregation and assessment process and communicating to senior executives board or regulators.
• Strong track record of translating complex cross-domain risk analysis into a clear defensible narrative for board-level and senior executive audiences.
• Demonstrated ability to lead technical specialists in disciplines the leader does not personally execute evaluating and challenging their work rather than deferring or micromanaging.
• Experience operating within a second-line/three-lines-of-defense governance model including working alongside an independent challenge function.
• Bachelors degree required; advanced degree and/or relevant certification (CFA FRM CRM) strongly preferred. GSE mortgage finance or large-bank enterprise risk experience strongly preferred.

Keys to Success in this Role:

• Demonstrated ability to synthesize disparate ambiguous data into a clear point of view not just report what happened but why it matters and what connects to what.
• Comfortable operating with incomplete information and revising a position when better evidence appears; equally comfortable holding a position when it doesnt.
• Track record of working effectively with large stakeholder base especially navigating situations to reconcile differences in perspectives.

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

We consider all applicants for all positions without regard to gender race color religion national origin age marital status veteran status sexual orientation gender identity/expression physical and mental disability pregnancy ethnicity genetic information or any other protected categories under applicable federal state or local laws. We will ensure that individuals 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.

A safe and secure environment is critical to Freddie Macs business. This includes employee commitment to our acceptable use policy applying a vigilance-first approach to work supporting regulatory mandates and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

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.

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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 $194000 - $290000 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.

Required Experience:

Exec