Senior Manager, Operational Risk & Model Governance

Freddie Mac; McLean (VA); On-site; USD 153,000 - 229,000; Full time

Job summary

Freddie Mac, headquartered in McLean, VA, is seeking an Operational Risk Senior Manager to lead SFA ORM initiatives and risk governance across model and AI risks. You will evaluate controls, report on risk events, and support audits, exams, and process design reviews in a fast-paced, agile environment.

The role emphasizes leadership, staff development, and collaboration with stakeholders to ensure compliance with corporate standards and FHFA directives, while driving process improvement and

Qualifications

• Minimum 10 years of relevant experience with a minimum of 5-6 years of operational risk management and/or audit experience
• Bachelor’s Degree or equivalent
• Extensive experience with risks and controls with a focus on Model and AI risks and controls
• Strong Proficiency in MS Office Suite (Excel, PowerPoint, Word, Outlook)
• Relationship Management skills including influencing others, facilitating meetings, engaging partners, building relationship networks, and resolving conflict
• Relevant professional certifications (PMP, CPA, CISA, CIA, etc.) are a plus

Responsibilities

• Evaluate and report on operational risks, controls, issues, and policies/procedures.
• Document operational risks and controls as part of risk and control self-assessments.
• Perform governance and oversight over model related issues.
• Evaluate operational risk events related to models.
• Support the business during Audits, Exams, and Process Design Reviews.
• Escalate policy/standard non-compliance and at-risk timelines.
• Manage and develop staff.
• Evaluate applicability of corporate standards and FHFA directives against process risks and controls
• Challenge status quo. Identify opportunities to improve and streamline processes, including reporting and process automation.
• Periodically participate in operational risk-related projects that impact the SF Acquisitions division.

Skills

MS Office Suite

Relationship management

Communication skills

Problem solving

Analytical skills

AI risk awareness

Education

Bachelor's degree

Certifications a plus

Job description

Freddie Mac, headquartered in McLean, VA, is seeking an Operational Risk Senior Manager to lead SFA ORM initiatives and risk governance across model and AI risks. You will evaluate controls, report on risk events, and support audits, exams, and process design reviews in a fast-paced, agile environment.

The role emphasizes leadership, staff development, and collaboration with stakeholders to ensure compliance with corporate standards and FHFA directives, while driving process improvement and