Risk and Controls Manager (Hybrid – 3 days in office – VA)

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:

Are you excited by the opportunity to make an impact and work in a dynamic agile environment? If yes, please apply to the Risk and Controls Manager role and work in conjunction with Single-Family Acquisitions (SFA) business leaders to effectively evaluate and test operational controls owned by the Single-Family Acquisitions (SFA) line of business. Apply now and learn why there’s #MoreAtFreddieMac!

Our Impact:

The Single-Family Acquisitions Operational Controls Testing Team is responsible for working with management to evaluate and test operational controls owned by the Single-Family Acquisitions line of business.

Your Impact:

• Review test workpaper results including but not limited to control design, attributes and associated test scripts and sampling methodologies, identify gaps and/or recommendations
• Provide guidance to testers to develop robust and efficient test procedures
• Provide effective challenge wherever necessary, on potential observations and conduct a thorough severity assessment
• Maintain the project test plan such as updating the test status (including coordination with external testing consultants)
• Prepare the annual test plan and perform monthly test plan analysis and coordinate with risk leads for descoped controls and track new key controls
• Manage test plan change process including coordination with risk leads, documenting rationale and obtaining approvals
• Prepare testing-related management reports
• Respond to ad hoc requests
• Ensure compliance with corporate operational controls testing policies/standards

Qualifications:

• 7-10 years of operational risk/process management and/or audit experience
• Bachelor’s degree
• Experience with controls testing (tests of design and operating effectiveness)
• Proficient in severity assessment, control gap assessment and root cause analysis
• Previous big four experience and/or relevant professional certifications (CIA, CPA etc.) are a plus

Keys to Success in this Role:

• Sound analytical and communication skills
• Detail-oriented but also could think broadly
• Results-oriented mindset
• Solid understanding of the COSO internal control framework
• Experience with compliance, technology-related controls testing concepts and best practices are a plus

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.

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 $124,000 – $186,000 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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