Counterparty Credit Risk Analyst, Senior - McLean, United States - Freddie Mac

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.

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:

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 Capital Market counterparties. 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 team 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:

• Review and assess the credit strength of Freddie Mac's Financial Institution counterparties including Broker Dealers, Mortgage Banks, REITs, etc.
• Perform counterparty credit risk annual reviews and evaluate and mitigate risk posed by new counterparties that want to do business with Freddie Mac
• Improve and execute counterparty surveillance and monitoring activities
• 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 mitigants
• Monitor regulatory and legal developments and assess/communicate any potential risk and/or business implications.

Qualifications:

• 5-7 years of experience analyzing financial institutions, including mortgage banks and broker dealers
• Bachelor's degree in Finance, Accounting or Economics, CFA Level 1 is a plus
• Proven analytical and problem-solving skills
• Solid understanding of financial statements
• Advanced MS Office Suite skills and experience, with an emphasis on Excel

Keys to Success in this Role:

• Self-motivated analytical thinker with intellectual curiosity in investigating open-ended questions
• 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
• 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 and register with our referral code: MAC.

The anticipated annualized base salary range for this position is $92,000 to $138,000 and is eligible to participate in the annual incentive program.