Debt Operations Associate (Hybrid – 3 Days In Office)

Employees, contingent workers and visitors are no longer required to show proof of vaccination to be on-site. Effective January 2023, Freddie Mac’s hybrid work arrangement is 3 days in the office (specifically Tuesday, Wednesday & Thursday).

Position Overview:

The Investments & Capital Markets (I&CM) Division at Freddie Mac provides liquidity to the U.S. Mortgage Markets and makes funding more available by purchasing mortgage-related securities guaranteed by Freddie Mac and other financial institutions by issuing corporate debt. The Debt Operations team supports the debt funding desk and is looking for an analytical individual who is detail-oriented, collaborative, and comfortable with numbers.

Our Impact:

The I&CM Debt Operations team is responsible for supporting mission critical processes of corporate debt issuance. We ensure that all debt transactions are confirmed, settled, recorded, reconciled, and reported in a timely and controlled manner.

Your Impact:

In this role, you will be an integral part of ensuring timely and accurate debt securities settlement and payment, and will be expected to

• Perform trade confirmation, settlement, clearance and reconciliation activities.
• Prepare daily, weekly, and monthly reports as needed.
• Identify and resolve data discrepancies.
• Serve as primary support to the Debt Funding trade desk. Support in all functions related to trade entry, data recording, ad-hoc analysis, and risk management.
• Exercise discretion and independent judgment with documentation and procedures to facilitate effective settlement of debt securities in a timely and controlled manner.
• Collaborate with and communicate to external Brokers and Dealers and internal business partners.

Qualifications:

• Bachelor's degree in Finance, Business Administration or related field or an equivalent combination of education and experience from which comparable knowledge and skills may be acquired; advanced studies/degree preferred.
• Basic understanding of corporate debt issuance and fixed income markets.
• Minimum 0-2+ years of experience in Fixed Income operations or middle office.

Keys to Success in this Role:

• Ability to work in a team environment as well as autonomously under high pressure situations and sensitive deadlines.
• Effective written and oral communication skills.
• Attention to detail and strong problem-solving skills!
• Experience working with data and data mining, including Microsoft Excel.
• Strong ability to balance baseline activities and prioritize multiple projects simultaneously.

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

Job Category:Investments & Cap Mkts

FLSA Status:Non-Exempt

The anticipated annualized base salary range for this position is $57,000 to $85,000 and is eligible to participate in the annual incentive program.