Compliance Senior Business Lead

Compliance Senior Business Lead

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's 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:

In this Compliance Senior Business Lead role, you will be responsible for oversight of financial crime investigations, manage internal relationships with first, second and third line business partners, and ensure compliance with anti-money laundering (AML) regulations and fraud prevention protocols. This role is ideal for a meticulous professional with a strong background in AML, fraud detection, and risk management, combined with excellent communication and stakeholder engagement skills.

Our Impact:

Strengthens the organization's ability to detect, prevent, and mitigate complex financial crimes, safeguarding its assets, reputation, and customers.

Enhances compliance with AML and fraud-related regulations, reducing regulatory risks.

Builds and maintains trusted relationships with regulators, law enforcement agencies, and industry partners, fostering effective collaboration in combating financial crimes

Drives the development of innovative investigative strategies and tools, improving the efficiency and accuracy of fraud and AML detection

Promotes a culture of awareness and accountability by providing training and insights on financial crime risks across the organization

Contributes to the organization's overall risk management framework, ensuring alignment with evolving industry standards and best practices

Support the technology infrastructure that drives the Financial Crimes Program

Your Impact:

Collaborate with internal teams to identify patterns, risks, and root causes of financial crimes

Promote awareness of financial crime risks across the organization

Foster strong working relationships with internal and external partners to facilitate information sharing and collaboration on financial crime prevention

Stay updated on evolving financial crime trends, regulatory changes, and industry best practices

Represent the organization in meetings, regulatory audits, and industry forums

Conduct thorough reviews of suspicious activity reports (SARs), customer transactions, and high-risk accounts

Present findings and recommendations to senior management and relevant committees

Ensure timely and accurate filing of regulatory reports, such as SARs

Deliver standard oversight memos and reporting metrics, while innovating on new ways to access and deliver information

Work with all divisions to ensure investigations are conducted in accordance with regulatory requirements and company policies

Support, participate, and identify operational improvements and enhancements through daily work and special projects

Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures

Qualifications:

Bachelor's Degree in related field; advanced degree preferred

Typically has 10+ years related experience and 2+ years management experience

Experience with BSA/ Anti-Money Laundering and OFAC requirements, as well as a solid understanding of how those requirements are operationalized

Proven experience with complex investigation and outreach activities

Expertise in applying Financial Crimes, Compliance, or Risk Management disciplines

Proven experience in managing complex investigations and engaging with external stakeholders

Exceptional analytical, problem-solving, and decision-making skills

Excellent verbal and written communication skills, with the ability to present to various audiences

Proficiency in using AML and fraud detection software/tools

Keys to Success in this Role:

Ability to operate as an initiative-taking, pro-active team member with a flexible, positive attitude

Ability to compassionately communicate complex topics in a manner that is appropriate for the audience

Exercise good listening skills in a collaborative setting with a strategic focus on problem solving and driving results

Work under limited direction; independently determines and develops creative solutions to problems

The ability to work independently, as well as part of a team, to meet deadlines and deliver high-quality work

Interact with internal business partners, senior management and other personnel on matters frequently requiring coordination across the lines of business