Credit Risk Director (McLean) Job at Freddie Mac, McLean, VA

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  • Freddie Mac
  • McLean, VA

Job Description

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:

This position will play an important role on Single Family Risk division to create strategy and implement tools and methods of risk evaluation. The ideal candidate will leverage their expertise in credit underwriting, credit policy, Automated underwriting tools and create vision and strategy across multiple capabilities. Apply now and discover why there’s #MoreAtFreddieMac!

Our Impact:

The team is responsible for developing solutions for automating underwriting Risk Assessment helping reduce risk for Freddie Mac. Innovate based on market behaviors while efficiently analyzing, mitigating, and clearly defining credit risk.

Your Impact:

  • Solidify strategy and vision across multiple capabilities for Automated Underwriting Risk assessment tools designed to assess a credit risk

  • Drive prioritization for the capabilities for Automated Underwriting Risk assessment tools and coordinate features with key internal stakeholders and resources across the teams to support delivery of Freddie Mac’s capabilities.

  • Manage the intake items to provide insights to enhance risk tools and lead organization to successfully consult and deliver solutions

  • Anticipate feature trends and changing needs among clients and industries at large to build and drive a strong risk management capability

  • Manage credit risk exposure derived from banking and financial services activities

  • Review products from vendors in partnership with Partner integration team to assess fit for underwriting solutions

  • Manage staff who will track action items, issues, and risks associated with projects. Follow up on open items to ensure resolution and/or escalate issues in a timely fashion

  • Work in partnership with other business stakeholders and customer facing team to increase understanding of AURA tools and capabilities

  • Provide timely, relevant, robust analysis to support credit-related business

  • Works on issues of diverse scope where analysis of situation or data requires evaluation of a variety of factors, including an understanding of current business trends decisions

  • Acts as an advisor to subordinates to meet schedules and/or resolve problems

  • Develop structured prioritization and clear communication of business needs across multiple projects and teams

  • Work on complex issues where analyses of situations require understanding of diverse factors, including knowledge of Freddie Mac technology offerings, customer loan origination processes and current business trends in the mortgage market

Qualifications:

  • 12 + years of related professional work experience

  • Substantial experience of primary and secondary mortgage markets as well as an understanding of how Freddie Mac interacts with them.

  • Understanding of the full mortgage stakeholder ecosystem related to underwriting , credit policies and credit scores, including: the roles of lenders with varying business models, investors, mortgage insurance companies and rating agencies etc.

  • Outstanding product development and organizational change skills

  • Top notch written and verbal communication skills, including the ability to present to management, expertly facilitate meetings and develop and deliver presentations/materials to various levels of audiences.

  • Has successfully managed a diverse portfolio of external clients/stakeholders with delivery accountability

  • Proven ability to influence senior leadership level work in highly matrixed environment

Keys to Success in this Role:

  • Intellectual agility and interpersonal flexibility

  • Ability to work across silos

  • Deep curiosity to learn about new trends and topics

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 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 and register with our referral code: MAC.

Time-type:Full timeFLSA 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 $199,000 - $299,000 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. #J-18808-Ljbffr

Job Tags

Full time, Work experience placement, Local area,

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