As Third Party Risk Director in the Enterprise Operations & Technology (EO&T) operational risk department, you will be responsible managing the first line of defense third party risk that is constantly evolving within EO&T's approach to risk management. Third Party Risk management encompasses evaluating suppliers across all operational risk domains including: Technology, Information, Operational Resiliency, Processes/ Transactions, Models, Reporting and Fourth Party. The Third party Risk Direct... more details
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:
As Third Party Risk Director in the Enterprise Operations & Technology (EO&T) operational risk department, you will be responsible managing the first line of defense third party risk that is constantly evolving within EO&T's approach to risk management. Third Party Risk management encompasses evaluating suppliers across all operational risk domains including: Technology, Information, Operational Resiliency, Processes/Transactions, Models, Reporting and Fourth Party.
The Third party Risk Director will lead a diverse team and enhance and improve an integrated approach for frameworks and processes based upon corporate policies and standards and, where applicable, industry risk frameworks.
Apply now and learn why Freddie Mac is #HomeToMore!
Our Impact:
- Engage and collaborate with third party relationship owners and officers to understand their risk exposure and provide guidance on managing third party risk.
- Represent EO&T in third party risk matters across the company.
- Foster a risk-driven culture across the division and encourage innovation
- Unlock value in operational risk using tools, technologies, and methodologies
- Lead the governance structures needed to identify, prioritize, and manage third party risk within EO&T.
Your Impact:
- Identify and quantify third party risks.
- Perform third party risk and control assessments, including documentation of process, risk, and control information.
- Manage third party issues throughout the issue life cycle (issue identification through closure).
- Develop and maintain key risk indicators.
- Ensure compliance with third party risk frameworks/programs.
- Enhance current third party risk processes.
- Provide oversight for timely and accurate reporting conforming to third party risk policies and standards.
- Integrate with the operational resiliency program.
Qualifications:
- 10 -12+ years of relevant professional experience in operational risk management
- Bachelor's degree or equivalent experience
- Sound analytical and communication skills, including the ability to think broadly but also be thorough.
- Background and demonstrated experience in multiple competency areas of risk management: Internal Audit, governance, third party risk, operational resiliency.
- Proven risk literacy – the ability to describe use cases and outcomes, risk sources and management concepts across business and technology domains.
- Consistent track record of effective leadership, including the ability to balance team and individual responsibilities
Keys to Success in this Role:
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 $198,000 - $296,000 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.
