Investments & Capital Markets Risk &… at Freddie Mac · McLean

Summary: Freddie Mac is committed to making home possible for families across the country. They are seeking an Investments & Capital Markets Risk & Governance Associate to support third-party risk management activities, collaborating with various stakeholders to identify and mitigate risks associated with third-party engagements. Responsibilities: - Identifying, monitoring and managing risks associated with I&CM third parties - Responsible for completion of periodic risk assessments of existing I&CM third parties, as well as the onboarding and evaluation of new I&CM third parties, in collaboration with I&CM Relationship Managers and other partners - Facilitating timely remediation of gaps and issues related to I&CM third party risk management - Developing, reporting and monitoring KRIs and critical metrics related to I&CM third party risk management and oversight - Updating and maintaining documentation (including procedures and inventories) in support of I&CM third party risk management - Contributing to the continuous improvement of I&CM's third party risk management process - Collaborating with internal stakeholders and external third parties to promote consistent and effective application of third party risk management practices - Utilizing risk management and AI tools and systems to support execution of third party risk management activities - Manage the end-to-end process for processing contingent workers within I&CM, ensuring Corporate Policy/Standard compliance, efficient onboarding, and budget approvals Required Qualifications: - 0-2 years of related professional experience - Bachelor's degree or equivalent experience - Knowledge of third party risk management - Experience assessing operational risk and internal control environments - Strong organizational skills and the ability to balance multiple assignments - Strong written and verbal communication and presentation skills - Ability to develop effective partnerships across the firm Preferred Qualifications: - Knowledge of secondary mortgage market and Freddie Mac's business a plus Required Skills: Third party risk management, Operational risk assessment, Internal control environment assessment, Risk monitoring, Risk reporting, Secondary mortgage market knowledge, Analytical skills Benefits: Competitive compensation and market-leading benefit programs