Sorry, this job is no longer accepting applications. See below for more jobs that match what you’re looking for!

Mulltifamily Risk Manager

Expired Job

Freddie Mac Mclean , VA 22107

Posted 4 months ago

The Enterprise Risk Management Division (ERM) functions as a second line of defense, providing independent oversight of the company's risk management activities (including the aggregate view of risks). As a second line, we design and implement a comprehensive risk governance framework commensurate with the complexity and risk profile of the company. We establish enterprise-wide risk policies, standards, and recommend the enterprise risk appetite for Board approval. Within ERM, the Commercial Real Estate Credit Risk team is responsible for providing sound risk management over the Multifamily division of the company.

Act as a subject area expert when assessing the Multifamily business and portfolio. Own the oversight process of various functions performed by the first line of defense. Provide clear and concise risk assessments to senior management, the Board, and FHFA. Demonstrate full understanding of the Multifamily business model and end-to-end knowledge of its operating processes. Develop multifamily portfolio risk management oversight strategy. Develop portfolio profitability, return and capital deployment analyses for the multifamily portfolio. Conduct research and monitor markets to formulate forward looking views of risk positions. Develop and maintain relationships with various internal and external partners / clients. Ideal candidate will have demonstrated knowledge of the multifamily market and capital markets including: mortgage products, real estate finance, transactions and structures, legal contracts, loan documents, property/ collateral valuation, cap rates, credit, regional markets, securitizations, financial models and rating agencies' models. Typically has more than 7 years of industry-related experience.


  • Own and execute the end-to-end oversight process for various first line functions, including: new production, securitizations, new initiatives, loan loss reserves, risk rating, model changes, costing, capital/CCF, ROE, and risk appetite framework

  • Maintain an informed assessment of the multifamily market through surveillance of both internal and external research and market data.

  • Perform analysis on various elements of the multifamily portfolio, in support of credit risk management of the portfolio. Identify trends and draw reasonable conclusions from examination of data and other sources of information.

  • Provide timely, accurate and reliable reports to FHFA, Freddie Mac's Board of Directors, Management Committees and various department reports

  • Utilize internal reporting tools and systems to produce and analyze data, performance results, analysis and related reports.

  • Maintain clear documentation, validation, and evidence of controls over produced reports as well as developing, maintaining, or updating related procedures

  • Conduct proactive ad-hoc research /analysis ultimately resulting in a presentation with recommendations

  • Provide meaningful effective challenge to the first line of defense

  • Develop or improve standards for assessing credit risk

  • Represent the unit as an expert or resource to cross-functional project or coordinating teams

  • Assess new initiatives, identifying areas of specific risks and provide recommendations

  • Support non-routine project-based work including regulatory and internal audit activities

  • Maintain Knowledge of industry standard practices relating to CMBS issuance and structure.

  • Bachelor's Degree or equivalent required

  • 7+ years of related experience

  • Strong analytical, research, and follow-up skills

  • Excellent written and oral communication skills

  • Ability to form partnerships, interact and work effectively with internal customers as well as with all levels of management within and across departments

  • Highly organized, team player, detail-oriented, with strong problem-solving abilities

  • Ability to work accurately and efficiently in an environment with changing priorities and tight deadlines

  • Ability to effectively communicate up, down and across the company to ensure issues are identified, resolved and communicated in a timely manner

  • Analytical skills and creativity to develop and consider alternative options for fulfilling requirements

  • Clear understanding of commercial real estate mortgage finance and Freddie Mac Multifamily mortgage products

  • Ability to navigate multiple systems, manage data and create reports. Ensure data quality and integrity. Independently resolve issues to mitigate risk. Improve processes to monitor and communicate credit risk.

  • Commercial real estate/multifamily underwriting and or portfolio risk management

  • CMBS, securitizations, structured finance experience

  • Proven capability to effectively present analysis, respond to questions, deliver difficult but balanced messages to senior management, peers, auditors and regulators.

  • Experience performing financial analysis

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.

See if you are a match!

See how well your resume matches up to this job - upload your resume now.

Find your dream job anywhere
with the LiveCareer app.
Download the
LiveCareer app and find
your dream job anywhere

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Risk Analytics Manager

Freddie Mac

Posted 2 weeks ago

VIEW JOBS 11/27/2018 12:00:00 AM 2019-02-25T00:00 We are currently seeking a Risk Analytics Manager to join the Credit Analytics & Reporting team in the Single-Family division. The team is responsible for analyzing, reporting and help managing credit risk. This position is to provide analytics and reporting to support innovations for collateral representations and warranty relief efforts and for managing the collateral risk. The position will be tasked with developing deep understanding of data and current code base, design analytical approaches for business questions and scenario evaluations, managing data research, analyses and preparation of reports and presentations. Responsibilities: * Provides timely, relevant, robust analyses to support collateral risk related business decisions * Develops, relatively quickly, deep understanding of relevant data, business background and the current SAS / SQL code * Designs appropriate analytical approaches for variety of business questions or scenarios presented. Guides junior analysts and manages their work * Participates in the development of an analytical framework containing data preparation, code and reporting to support baseline and ad hoc analyses * Maintains collaborative working relationships with internal clients * Receives assignments in the form of analytics deliverables and determines how to use resources to meet schedules and goals. * Often must lead a cooperative effort among members of the team. Manages the coordination of the activities of a section or department * Degree in Statistics, Economics, Finance, Mathematics, Computer Science, Data Science or related field with 8-10 years related experience * 5+ years of data analysis experience, with a combination of business and technical skills. Experience in analyzing and manipulating large data sets * Self-motivated, pro-active, and results-driven problem solver * Proven quantitative, analytical and problem-solving skills * Strong communication skills both oral and written * Excellent SAS and SQL programming skills * Must be able to manage multiple priorities, meet deadlines, identify and escalate issues appropriately to the management * Mortgage industry experience or financial / credit analysis * Strong leadership aptitude, ability to engage and influence internal and external stakeholders * Familiarity with project planning, project risk management activities * 5+ years of SQL, SAS, R or Python programming experience 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. Freddie Mac Mclean VA

Mulltifamily Risk Manager

Expired Job

Freddie Mac