Multifamily Portfolio & Risk Management Director

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:

Do you have extensive experience in credit risk management with relevant academic training and knowledge? Do you like to use your quantitative skills and the latest analytical tools and techniques to develop solutions and find answers? Can you thrive in a fast-paced, constantly evolving, dynamic environment? If so, you could be a great fit for the Portfolio & Risk Management Director position in the Multifamily (“MF”) Portfolio and Risk Management team. Apply now and learn why Freddie Mac is #HomeToMore!

Our Impact:

Freddie Mac Multifamily (MF) division provides mortgage financing for apartment loans throughout the nation, purchasing loans from a network of lenders and then securitizing these loans. Our offerings span the nation, including large metropolitan areas, mid-market cities and smaller communities. The properties we finance house a wide array of renters, including students, single professionals, and working families.

The MF Portfolio and Risk Management (PRM) team is accountable for portfolio management, including the Dodd-Frank Act Stress Tests, Capital Plan, Portfolio Loss Appetite, Enterprise Regulatory Capital Framework forecasting and internal capital. The team also provides strategic insights garnered from analytics to improve decision-making and risk management across the business – working closely with business partners to improve our credit, portfolio and risk management capabilities and build a more integrated risk management approach across our MF portfolio.

Your Impact:

The MF Portfolio Analytics & Strategy (MPAS) team is a lean, high-caliber group that manages risk and optimizes returns for the Multifamily (MF) business through innovative approaches, portfolio risk management expertise, and advanced analytics.

You will join a cohesive, close-knit team dedicated to providing creative solutions to business challenges. Your responsibilities will include:

• Developing a comprehensive view of the risk-return profile of the MF Portfolio
• Navigating through our extensive “big data” on the $450+ billion MF portfolio (one of the largest) to uncover new insights about our business and risks
• Managing portfolio risk/loss appetite, including the development of Key Risk Indicators
• Designing scenarios for risk/loss appetite and capital planning
• Running credit loss models to perform advanced analytics, attributions, and sensitivities
• Responding to ad hoc requests from senior management in Multifamily, Enterprise Risk, Finance, and FHFA
• Designing presentations for senior management, FHFA, and the Board
• Leading and managing a team of quantitative/risk analysts to develop a robust risk management team supporting the Multifamily mortgage market

Qualifications:

• Education: Master’s degree in economics, finance, statistics or a related field
• Experience: At least 10 years in quantitative analytics and/or credit risk management, preferably in the mortgage industry
• Skills: Strong communication and planning skills, proficiency in programming (Python, SAS, R, Matlab), and strong leadership

Keys to Success in this Role:

• Strong written and verbal communication skills
• Ability to lead a team of analysts with strong technical and analytical backgrounds
• Ability to transform business questions into insightful analytics
• Extensive experience in credit risk and model analytics
• Proven ability to work and collaborate across different departments and divisions
• Strong technical skills in data processing and programming
• Ability to design effective presentations for senior management
• Ability to acquire extensive knowledge of Multifamily credit risk, Multifamily capital markets, securitization structures, and the life cycle of a Multifamily loan

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.

A safe and secure environment is critical to Freddie Mac’s 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.

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 $178,000 – $266,000 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.

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