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Counterparty Credit Risk Analyst, Professional (Hybrid - 3 Days In Office - Va)

Company

Freddie Mac

Address , Mclean, 22102
Employment type FULL_TIME
Salary $79,000 - $119,000 a year
Expires 2023-10-19
Posted at 8 months ago
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:

Freddie Mac Capital Markets is seeking a motivated and analytical individual to join its Counterparty Credit Risk Management team. The job requires the ability to analyze an open-ended number of both quantitative and qualitative risk factors and mitigants to arrive at written recommendations regarding the creditworthiness of Mortgage Bank Seller/Servicers. If you are an analytical teammate who is interested in intellectual challenges and helping build, preserve and improve the Capital Markets business, you are encouraged to join our dynamic and exciting organization.

Our Impact:

Our division is responsible for assessing counterparty creditworthiness, monitoring and managing counterparty credit risk from Freddie Mac's Capital Market counterparties. We provide value-adding risk analytics that facilitate and influence business decisions.

Your Impact:

  • Work closely with front office on exposures, trading activities, setting limits and any limit breaches
  • Underwrite and opine on derivative and funding/ lending transactions, while ensuring appropriate documentation and risk mitigant
  • Review new counterparties that want to do business with Freddie Mac
  • Monitor regulatory and legal developments and assess/communicate any potential risk and/or business implications.
  • Developing new reports to monitor counterparty strength when applicable
  • Improve and implement counterparty surveillance and monitoring activities
  • Review and assess the credit strength of mortgage bank and develop action plan for risk mitigations
  • Working on issues of diverse scope where analysis of situation or data requires evaluation of a variety of factors, including an understanding of mortgage industry trend, counterparty business strategy, and financial performance

Qualifications:

  • Prior experience in assurance or advisory services for financial institutions
  • Advanced MS Office Suite skills and experience, with an emphasis on Excel
  • 2-4 years of counterparty experience analyzing financial institutions such as mortgage banks
  • Bachelor’s degree in Accounting or Finance, CFA Level 1 is a plus
  • Background in warehouse lending, correspondent lending, asset based lending

Keys to Success in this Role:

  • Strong work ethic and a positive, can-do attitude!
  • Strong Excel skill and written communication skill, particularly the ability to analyze issues and form recommendations in a clear, logic and concise manner
  • Self-motivated analytical problem solver with intellectual curiosity in investigating open-ended questions
  • Strong interpersonal communication skill with the ability to interact with team members, internal/external customers and senior leadership

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.

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:Exempt

Freddie 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 $79,000 - $119,000 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.