Business Risk Lead

Position Overview

Freddie Mac is guided by the mission of Making Home Possible, a purpose that has helped more than 90 million families achieve home ownership since 1970. We are seeking a seasoned Risk Practitioner to join the Enterprise Risk team, providing independent oversight across divisions. The role offers a chance to shape risk management practices, engage with senior leaders, and drive meaningful improvements. If you excel in analytical thinking, problem solving, and persuasive communication, this is an opportunity to contribute to a strong risk culture. This position is based in Plano, TX or McLean, VA.

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Our Impact

• Provide independent oversight of Freddie Mac divisions to ensure operational risks are identified, measured, monitored, and controlled within established tolerances.
• Apply a robust monitoring framework to challenge and review risk practices.
• Aggregate and communicate independent, data driven views of operational risk with a forward looking perspective.
• Build influential relationships with business partners, becoming a trusted advisor and stakeholder in risk management activities.

Your Impact

• Independently assess operational risk and control environments using both quantitative and qualitative methods.
• Review, support, and challenge divisional operational risk profiles, focusing on key drivers, trends, future outlook, and escalation points.
• Coordinate across all non-financial risk domains to develop a holistic risk perspective.
• Foster positive relationships with stakeholders, participate in risk discussions, and support effective challenges to drive actionable outcomes.
• Implement and enhance processes, procedures, and tools that support operational risk oversight routines.
• Emphasize internal process re engineering with recommendations to improve existing risk processes where opportunities arise.
• Monitor activities and provide critical inputs for quarterly divisional risk profile reporting, highlighting significant and emerging risks, effective challenges, and first line risk management strategies.

Qualifications

• Bachelor’s Degree or equivalent work experience, plus 8+ years of overall relevant experience, including 5+ years in operational or compliance risk management.
• Proven ability to influence at all organizational levels, including executives, and unite teams toward common goals.
• Experience in process design and control assessment.
• Preferred experience in the secondary mortgage market, mortgage lending, or mortgage related securities.
• Highly driven, results oriented, and recognized as a value partner who proactively builds and leverages relationships internally and externally.
• Exceptional problem solving skills and the ability to articulate complex concepts clearly.

Keys to Success in this Role

• Deliver thoughtful, fact based challenges to divisions using a clear, concise, risk based approach.
• Be a strong team player with the ability to communicate clearly and concisely to senior leadership.
• Exhibit strong influencing skills to lead change and deliver results; ability to multi task and prioritize.
• Apply data driven insights to advise on risk perspectives, demonstrating intellectual agility and interpersonal flexibility.
• Show strong situational analysis and decision making abilities.
• Communicate effectively across all levels of the organization, including through impactful visualizations.

Additional Information

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 or expression, disability, pregnancy, ethnicity, genetic information, or any other protected category under applicable laws. We provide reasonable accommodations to participate in the job application or interview process and to perform essential job functions. Please contact us to request accommodation.

A safe and secure environment is essential to Freddie Mac. This includes adhering to our acceptable use policy, maintaining vigilance, supporting regulatory mandates, and following privacy and security requirements as taught in training programs.

California Applicants: Qualified applications with arrest or conviction records will be considered 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 services. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac is not obligated to pay a placement fee. To learn more, visit www.BountyJobs.com and register with the referral code MAC.

Compensation and Benefits

Time type: Full time. FLSA status: Exempt.

Freddie Mac offers a comprehensive total rewards package including competitive compensation and market leading benefit programs. Details are available on our Careers site. This position has an annualized market based salary range of $126,000 to $188,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and depends on factors such as responsibilities, experience, skill set, internal pay equity, and other qualifications.

Location

Primary location: McLean, VA 22102. This role may be based in Plano, TX or McLean, VA.