McLean, Virginia, USA
77 days ago
Senior Director – Financial Crimes Compliance Governance, Controls and Risk Assessment (Hybrid - 3 days in Office - VA)

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:

The Senior Director of Financial Crimes Compliance Governance, Controls and Risk Assessment is responsible for executing and maintaining elements of the financial crimes compliance risk management program for Freddie Mac, specifically the governance, control framework and the financial crimes risk assessment process. The role spans Freddie Mac’s major operating Divisions -- Single Family, Multi Family, Investments & Capital Markets, as well as the other divisions as they pertain to the regulatory areas. Apply now and learn more about our benefits and why there’s #MoreAtFreddieMac!

Our Impact:Coordinate and ensure visibility with Business Divisions in the 1st Line of Defense to ensure efficient and effective adoption of the new framework pillarsContinuously improve and coordinate an integrated framework of processes and controls across Freddie Mac to promote compliance with relevant regulatory requirements as well as corporate policiesManage relationships and compliance examinations of fraud, Anti-Money Laundering and Sanctions with FHFA, as Freddie Mac’s Conservator and RegulatorAdvise & collaborate with business units and enterprise divisions (to include Divisional Risk Officers, Enterprise Risk Officers, Legal, and Internal Audit) on establishing appropriate comprehensive, current and well documented policies & procedures that pertain to regulatory complianceYour Impact:Advise and build out our compliance risk management program for Financial Crimes regulations in alignment with the framework pillars - I) Risk Identification, II) Risk Assessment, III) Monitoring/Testing/Controls, IV) Issues Management, V) Reporting, and VI) Risk Appetite. This includes maturing and maintaining governance practices; tracking issues and events; establishing and maturing KRI and KPI metrics; convening and directing governance forums with the first line divisions.Direct the compliance risk management oversight activities, including advising the business, designing monitoring activities and contributing to testing over Financial Crimes.As part of the Financial Compliance team, collaboratively lead compliance through, among other things, strategic planning, talent assessment and development, and clear and transparent communications to Compliance staff.Ensure appropriate compliance policies, procedures and training exist that address regulatory and risk management requirements for Financial Crimes.Continuously improve and maintain compliance program consistent with the compliance risk management framework and industry practice including.Effective challenge of compliance risk activities.Supervise issues and remediation plans pursuant to enterprise risk framework standardsIdentify, measure, and report on risks to management and the Chief Compliance Officer.Qualifications:Minimum 15+ years relevant compliance-related functional experienceMinimum 5+ years leading risk management functions within large sophisticated financial organizationsProven success participating in the growth of a 3 lines of defense frameworkStrong team management and leadershipPrevious Financial Crimes leadership experience at a large sophisticated financial organization preferredKeys to Success in this Role:Proven understanding of applicable regulatory framework in the risk management and mortgage marketsAbility to influence and empower othersExcellent oral and written communicationHigh ethical standards, excellent judgment, sense of personal initiative, ability to interact constructively with colleagues at all levels of the organization

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 $214,000 - $322,000 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.
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