Overview

If you are a smart, self-motivated professional with a passion for Capital Markets and Compliance, Freddie Mac may be the employer for you! As a key member of the Compliance Team, the primary responsibility of the Capital Markets Compliance Manager will be to design, implement, maintain, and evolve our second line of defense (2LOD) Compliance Risk management program over Freddie Mac's master trust agreement (MTA) framework, which also includes other similar agreements which securitizes single family and multifamily mortgages.<br /><br />The Manager's focus will be to operationalize and mature Compliance 2LOD Program elements including Governance, Risk Assessments, Regulatory Change Management, Policies, Standards and Procedures, Monitoring, Testing, Data Measurement, Reporting, Training, Issues Management, and Regulatory Interaction. Under Freddie Mac's Enterprise Risk Management's framework, the Compliance Capital Markets Manager will lead and manage a team that emphasizes execution, partnership, flexibility, and excellence. Capital Markets Compliance is responsible for the 2LOD oversight of securities and derivatives compliance risk, which also includes contractual obligation risk in our Single Family, Multifamily and Investments & Capital Markets divisions. This role will have specific focus on holistic, 2LOD oversight of the end-to-end master trust agreement process that transcends most of Freddie Mac major operating Divisions. <br /><br /><strong>Your job will fall into three primary categories:</strong><br /><br /><strong>Obligations of Trustee</strong><br /> <ul> <li>Ensure obligations of trustee are appropriately carried out as required by the agreements across Freddie Mac</li> <li>Verify obligations are properly mapped, assessed, and timely documented within Freddie Mac's risk management framework</li> </ul> <br /><strong>Securitization and Operational Risk</strong><br /> <ul> <li>Provide oversight of Freddie Mac's securitization businesses and operational teams to ensure compliance with Corporate Policy 4-400 (Mortgage Related Securities Policy), the Trustee Standard, and other applicable policies and procedures</li> <li>Sufficient coordination between the Legal Division and risk management groups to maintain a comprehensive view of securitization arrangements governed by master trust agreements or similar arrangements</li> <li>Collaboration with securitization and operational teams in the Investment & Capital Markets, Single Family, and Multifamily divisions to document compliance with standards and procedures</li> </ul> <br /><strong>Trust Cash Administration</strong><br /> <ul> <li>Oversight of Trust Cash Adminisation team's administration of trust accounts</li> <li>May include oversight of other securitization, funding or financial risk management transaction agreements</li> </ul> <br /><br /><b>Qualifications</b><br /><br /><ul> <li>Typically has a minimum of 10-15 years of leadership experience with subject matter expertise in Asset Securitization, Compliance, Operational Risk Management, or Audit; 2LOD Compliance and/or Operational Risk Management expertise preferred</li> <li>Bachelor's degree or equivalent experience</li> <li>Experience interacting with executive level customer personnel and frequently coordinating across organizational lines</li> <li>Experience in demonstrating exceptional leadership and organizational skills, secondary focus on strong analytical skills</li> <li>Experience with working effectively in a changing environment</li> </ul> <br /><strong>Key to Success in this Role</strong><br /> <ul> <li>Strong communicator with experience working with people at all levels</li> </ul> <br /><strong>Top Three Personal Competencies to Possess</strong><br /> <ul> <li>Customer Focus – Personally engage with internal and external customers and deliver as promised</li> <li>Partnership – Work effectively across teams to achieve both company and customer objectives</li> <li>Drive for Execution – Focus on results rather than the appearance of results</li> </ul> <br /><br />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. Freddie Mac is an equal opportunity and top diversity employer. EOE, M/F/D/V.


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