At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
Position Overview:
As a member of the Finance Division’s Capital Planning and Management Reporting (CPMR) department, the Professional will be responsible for supporting, managing, and coordinating the team’s efforts in meeting Freddie Mac’s capital planning and reporting objectives, primarily related to resolution planning. The role will require significant collaboration with colleagues across business divisions and functions to coordinate and develop aspects of Freddie Mac’s Resolution Plan and resolution readiness capabilities. This is an exciting opportunity to work on Enterprise-wide and highly visible regulatory initiatives, involving strategic, financial, operational, and legal analysis.
Our Impact:
Freddie Mac’s CPMR department is responsible for the planning and reporting of regulatory capital as well as resolution planning. The department focuses on the oversight of capital management, capital planning, and elements related to business strategies, risk appetite and capital contingency, as well as regulatory and policy initiatives, and facilitates the development of internal scenarios for purposes of stress testing and capital planning. The CPMR department is also responsible for leading the development and submission of the Enterprise’s Resolution Plan. To achieve these ends, the role will support a wide range of analytical work that will help develop and support Freddie Mac’s strategies – including resolution readiness, in particular as they relate to capital and strategic analysis.
Your Impact:
As a member of the Capital Planning and Management Reporting department you will:
Support the production and internal governance process of the biennial Resolution Plan, along with the development and maintenance of resolution readiness capabilities, including:
Drafting and/or updating components of the Resolution Plan and Playbook, as well as incorporating feedback from key stakeholders, including senior management, FHFA, and the Board of Directors
Supporting ad-hoc analysis or tasks related to the Resolution Plan and resolution readiness deliverables; analyzing and critically reviewing work products produced by other teams and third-party advisors related to resolution readiness
Implementing procedures and controls to support aggregation and maintenance of large internal datasets in support of resolution readiness deliverables
Tracking workstream-level progress toward meeting their resolution-related deliverables, raising risks and issues where required and recommending solutions; identifying risks or opportunities for improving resolution readiness and proposing practical solutions for implementation
Preparing materials for meetings with key stakeholders, including senior management, FHFA, and the Board of Directors, clearly synthesizing the key decision points and takeaways regarding resolution strategy and readiness
Maintaining documentation consistent with policies, standards, and procedures; designing, testing, and maintaining effective risk mitigating controls
Assist department leadership and management in broader capital planning and reporting efforts:
Identifying synergies between resolution planning and capital planning that could progress both efforts
Deepening understanding of trends and underlying drivers of regulatory capital requirements under baseline, stress, and resolution conditions
Staying up-to-date and communicating industry best practices and emerging trends in capital planning, resolution planning, and stress testing
Qualifications:
3-5 years of related professional/industry experience – previous financial services experience is preferred in resolution planning, scenario design, stress testing, and/or capital management
Experience working on financial regulatory programs or projects that span multiple departments of an organization; experience in supporting financial forecasting and analysis programs is a plus
Excellent writing and presentation skills, including ability to summarize key themes clearly and concisely for presentations to senior management, regulators, and other stakeholders
Skilled at synthesizing financial data and informational input from various stakeholders and subject matter experts
Strong project management experience, organizational skills, and attention to detail, with proven ability to deliver desired project outcomes on time
Highly skilled at PowerPoint and Excel; Workiva (Wdesk), Tableau, Python, or similar reporting/data analysis applications is a plus
Keys to Success in this Role:
Team player with strong organizational, project management, and communication skills
An effective learner and analytical thinker with intellectual curiosity
Self-motivated to meet goals and solve problems
Resilience and flexibility in thinking as new processes are developed, timelines/expectations are adjusted, and multiple iterations of deliverables are revised
Ability to quickly learn complicated concepts and incorporate input/feedback from subject matter experts to obtain desired results for the resolution, scenario design, and capital programs
Understanding of financial markets, financial reporting, corporate governance, and/or regulatory requirements for large financial institutions is a plus
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/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals 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.
A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment 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 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:Non-ExemptFreddie 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 $88,000 - $132,000 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.