Compliance Control Testing Senior Manager (Hybrid - 3 Days in Office - VA or TX)

JOB DESCRIPTION

At Freddie Mac, you will do important work to build a better housing finance system and you’ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview :

Do you enjoy leading teams in finding out how and why processes and controls exist and identifying compliance risk exposure to improve the efficiency, effectiveness and compliance of business processes?

If you enjoy implementing trailblazing work, encouraging growth of your team members, and working in an environment that puts a premium on reliability, knowledge, and teamwork, then this Compliance Testing Senior Manager position could be for you!

We're building a better housing finance system that's providing global investors innovative opportunities to invest in the U.

S. housing market. Pair your passion with purpose!

Our Impact :

The Compliance Testing (CT) team conducts risk-based, independent testing across the Enterprise to assess the adequacy and efficacy of Freddie Mac’s compliance risk management activities and identify potential non-compliance with laws, rules, regulations or other requirements from the Federal Housing Finance Agency (FHFA) (collectively, Obligations).

Your Impact :

You will play an impactful role on the second line of defense (2LOD) Compliance Testing (CT) team by leading CT reviews to assess the adequacy and effectiveness of controls in place to mitigate risk of non-compliance with Obligations.

You will manage a team of testers through the execution of testing and reporting of test results. These results will be reported to the Chief Compliance Officer, other Senior Management as well as the Board of Directors and its applicable Committees.

Execution of CT framework

Conduct planning work which includes gaining an understanding of key regulatory requirements to be tested, recommending to the CT Director a focused scope for each review, directing a team of testers in assessing the documented control environment in relation to those requirements, and working with testers to ensure appropriate test plans have been established.

Complete testing, which includes supervising execution of tests of control design and tests of operating effectiveness test work in execution, assisting testers as needed, and reviewing work papers to ensure testing performed is appropriately evidenced and supports results, including any findings noted which may pertain to the control environment or non-compliance with Obligations.

Summarize testing results in concise draft reports for CT Director review with sufficient detail to help partners to understand any issues reported and determine appropriate action plans to address the issue.

Qualifications :

8+ years of overall experience in internal audit or other control testing role

Understanding of processes and controls in one or more of the following areas is ideal but not required : Investments and Capital Markets, Securitization, and Information Technology

Ability to balance multiple reviews / duties simultaneously, including supervision of the work of others

Excellent communication skills (both oral and written)

Bachelor’s Degree in Finance, Accounting or related study; advanced degree (Master’s Degree, MBA, JD) is a plus

CIA and / or CISA Certification preferred

Keys to Success in this Role :

Quickly understand legal and regulatory framework and key legal Obligations as well as understand through walkthroughs how processes and controls have been built to meet the Obligations

Lead reviews to meet deadlines, supported by high quality work products

Summarize and report potential issues early and clearly for relevant audiences

Deliver and stand behind difficult messages, when necessary

Exercise strong listening skills

Develop positive relationships with key partners across all three lines of defense

Seek opportunities to support the team outside of directed assignments

At Freddie Mac, our inclusive and diverse culture drives our success and makes us a stronger company. Collectively, we are both leaders and collaborators who work together to meet our mission of Making Home Possible for families across the U.S.

Apply now and learn why there’s #MoreAtFreddieMac!

Current Freddie Mac employees please apply through the internal career site.

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.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law.

We will ensure that individuals with differing abilities 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.

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.