Compliance Testing Senior (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 finding out how and why processes and controls exist and identifying risk exposure to improve the efficiency and compliance of business processes?

If you enjoy working in an environment that puts a premium on reliability, knowledge, and collaboration, then this Compliance Testing Senior position could be for you! Apply now and learn why Freddie Mac is #HomeToMore!

Our Impact :

This program conducts risk-based, independent testing across the Enterprise to assess Freddie Mac’s compliance risk management activities.

Your Impact :

You will play an impactful role on the second line of defense (2LOD) Compliance Testing (CT) team by conducting testing to support assessments of the adequacy and effectiveness of controls in place to mitigate Freddie Mac’s risk of non-compliance with Obligations.

The results of your work will be reported to Senior Management and 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, assessing the documented control environment in relation to those requirements, and drafting test plans for Manager review
• Complete testing, which may include procedures to assess design and / or operating effectiveness of controls, and / or identify instances of actual non-compliance with Obligations.
• Summarize testing results and prepare concise reports with sufficient detail that would help stakeholders to understand any issues noted and determine the appropriate action plans to address the issue.

Qualifications :

• Bachelor’s Degree in Finance, Accounting or related study; advanced degree (Master’s Degree, MBA, JD) is a plus
• 5+ years of overall experience in internal audit / control testing, public accounting, or other relevant experience with processes and control testing.
• 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
• Excellent communication skills (both oral and written)
• Working knowledge of SEC rules and regulations and of Freddie Mac’s business areas and / or the Federal Housing Finance Agency (FHFA) is helpful
• CIA / CISA Certifications are a plus

Keys to Success in this Role :

• Quickly understand legal and regulatory framework and key legal obligations
• Conduct 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
• Form strong relationships with key 1LOD and 2LOD partners
• Seek opportunities to support the team outside of directed assignments

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.