Job Details

Risk Appetite and Capital Manager

Company name
Freddie Mac

Location
McLean, VA

Apply for this job






3 hit(s)  

Profile

Risk Appetite and Capital Manager

Sector:

Asset Management

Sub Sector:

Traditional Asset Manager

Risk Type:

Credit

Expertise:

Regulatory/Compliance

Position OverviewSingle-Family (SF) Risk Appetite & Capital Manager

The Single Family (SF) Risk Appetite & Capital Manager role reports to the Single Family (SF) Risk Appetite & Capital Director in Credit Analytics & Reporting (CAR) team – which is part of SF Risk Management Division. The CAR team provides analytics for decision support and reporting to monitor performance for SF mortgage credit, quality control, and counterparty credit areas. This includes analytics for new product development, changes to credit policies, sampling for quality control, model performance evaluation, and regulatory reporting. The team includes business intelligence and reporting systems staff to enable usage of modern analytics tools for rapid consumption of Big Data sources.

As part of our evolution into three lines of defense, the Risk appetite and capital function is being built in the first line - transitioning from second line (Enterprise Risk Management).

Responsibilities Include:

• Develop Single Family Division's Capital Measurements

o Evaluate various approaches to capital measurements and ensure implementation in business decision making

o Compare regulatory capital to internal measures

• Manage Single Family Division's Risk Appetite framework

o Evaluate and manage SF risk appetite

• Review portfolio metrics across Loss Reserves, P&L Forecasts, Regulatory Capital, Internal Capital, and Transaction-level Return on Equity to identify any inconsistent approaches and assumptions.

o Assist in executing managers Significant User role of key models that drive capital (House Price and Costing models)

• Develop portfolio analytics to forecast key metrics for next 5 years, and assess key sensitivities to economic conditions and management actions.

• Review capital and portfolio reporting performed by Finance for impact to business decisions.

• Evaluate Disaster risks (Hurricanes, Earthquakes, Floods, and other natural disasters) and impact to portfolio.

• Prepare periodic briefing for senior management and formal risk/capital committeesQualifications

•8 years in Financial services industry performing analytical roles covering consumer credit risk over portfolios of several $billion. Typical experiences will cover credit risk reporting, forecasting, pricing, capital, underwriting.

•2 years of management experience

•Bachelor's / Master's degree in a quantitative field (typically Finance, Engineering, Business)

•Requires deep quantitative expertise to analyze distribution of risks through economic cycles, correlations, recoveries, counterparty impacts, default and interest rate risks

•Ability to use SAS, SQL, R or other programming languages to extract and process data; and work with model input/output files

•Requires strong ability to work closely with modelers to build, evaluate and use models with high degree of detailed understanding (for example, rating agency models)

•Regularly interacts with senior management on matters concerning several functional areas, divisions, and with regulators. Requires the ability to change the thinking of, or gain acceptance from, others in sensitive situations.

•Collaboration skills to work laterally across the companyPreferred Skills

•Structured credit risk evaluation (Analyzing cash flows of Senior/Sub securitizations)

•Mortgage industry experience of 2 years

•Strong written and verbal communication skillsToday, 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. Freddie Mac is an equal opportunity and top diversity employer. EOE, M/F/D/V.

Employment Type:

Full Time

Region/Country:

Americas, United States

States/Counties:

Virginia

City:

McLean

Address:

Post Date:

09/13/2017

Featured jobs

Scheme Compliance Manager

Sydney CBD

Senior Manager, Model Risk

Sydney CBD

Compliance Analyst

Newark

Featured employers

Advertise with us

Popular Countries:

United States

| Switzerland

| Canada

| Luxembourg

| China

| Malaysia

| Oman

| South Africa

| Australia

| New Zealand

Popular States:

Illinois

| District Of Columbia

| Georgia

| Maryland

| Michigan

| Virginia

| British Columbia

| View Other Popular States

Popular Risk Types:

Risk Management Jobs

| Risk Jobs

| Enterprise Jobs

| Credit Jobs

| Operational Jobs

| Energy Jobs

| Academic Jobs

Resumes by Job Titles:

Compliance Analyst

| Risk Analyst

| Quantitative Analyst

| Risk Manager

| Risk Management Consultant

| Risk Officer

| View Other Resumes

Home

About us

Job search

Employer area

Contact us

Terms & conditions

Privacy policy

Risk Recruiter

Copyright © 2017 Global Risk Jobs | Powered by JobMount Job Board Software

| Job Wrapping

Company info

Freddie Mac
Website : http://www.freddiemac.com

Company Profile
Freddie Mac was chartered by Congress in 1970 with a public mission to stabilize the nation's residential mortgage markets and expand opportunities for homeownership and affordable rental housing. Our statutory mission is to provide liquidity, stability and affordability to the U.S. housing market.

Similar Jobs:
Test Development Assistant
location Washington City, DC
The American Institutes for Research (AIR) is the leading education research non-profit organization in the nation providing a continuum of education research, assessment, technical assistance and policy analysis from the school l...
Washington, D.C. office of our client seeks attorney with 5+ years of experience. The candidate should have D.C. Bar membership. Maryland Bar membership is a plus. RLA experience is preferred.
Legal Administrative Assistant
location Washington, DC
The Ford Agency is currently partnering with a prominent DC law firm to find a skilled Legal Administrative Assistant to join their team. This is a dynamic position that is ideal for a flexible and multitasking individual who thri...
I like the volume of jobs on EmploymentCrossing. The quality of jobs is also good. Plus, they get refreshed very often. Great work!
Roberto D - Seattle, WA
  • All we do is research jobs.
  • Our team of researchers, programmers, and analysts find you jobs from over 1,000 career pages and other sources
  • Our members get more interviews and jobs than people who use "public job boards"
Shoot for the moon. Even if you miss it, you will land among the stars.
EmploymentCrossing - #1 Job Aggregation and Private Job-Opening Research Service — The Most Quality Jobs Anywhere
EmploymentCrossing is the first job consolidation service in the employment industry to seek to include every job that exists in the world.
Copyright © 2016 EmploymentCrossing - All rights reserved.