Single Family Portfolio & Servicing Operational Risk Senior Business Lead

Welcome to Freddie Mac, a leading provider of mortgage financing and housing solutions. We are currently seeking a highly skilled and experienced Single Family Portfolio & Servicing Operational Risk Senior Business Lead to join our team. As a key member of our Operational Risk Management department, you will play a critical role in identifying and mitigating operational risks within our Single Family portfolio and servicing operations. This is an excellent opportunity for a motivated and detail-oriented individual to make a significant impact on our business and contribute to our mission of making home possible for millions of families. To be successful in this role, you must possess a strong understanding of operational risk principles and have a track record of effectively managing risks in a complex and dynamic environment. If you are ready to take on this challenge and grow your career with a dynamic and innovative company, we encourage you to apply today.

1. Develop and implement operational risk management strategies and plans for the Single Family portfolio and servicing operations.
2. Identify, assess, and monitor operational risks within the portfolio and servicing operations, and develop strategies to mitigate these risks.
3. Collaborate with cross-functional teams to ensure effective risk management practices are in place across all business units.
4. Conduct regular risk assessments and provide timely reporting and updates to senior management.
5. Develop and maintain strong relationships with key stakeholders, including business leaders, to ensure a thorough understanding of the risks and controls within the portfolio and servicing operations.
6. Stay current with industry best practices and regulatory requirements related to operational risk management and proactively make recommendations for process improvements.
7. Lead and participate in projects and initiatives aimed at improving operational risk management processes and practices.
8. Develop and deliver training sessions on operational risk management to educate and raise awareness among employees.
9. Analyze data and trends to identify potential areas of risk and make recommendations for risk mitigation strategies.
10. Develop and maintain policies, procedures, and controls related to operational risk management.
11. Foster a culture of risk awareness and accountability within the organization.
12. Coach and mentor junior team members to develop their skills and knowledge in operational risk management.
13. Act as a subject matter expert and provide guidance to business units on operational risk management matters.
14. Participate in industry events and forums to stay informed on emerging trends and best practices in operational risk management.
15. Collaborate with internal and external auditors to support audits and reviews related to operational risk management.
16. Prepare reports and presentations for senior management and stakeholders to communicate on operational risks and mitigation strategies.

According to JobzMall, the average salary range for a Single Family Portfolio & Servicing Operational Risk Senior Business Lead is $90,000 to $120,000 per year. However, this can vary depending on factors such as location, company size, and experience. Some individuals in this role may earn higher salaries, up to $150,000 or more, if they have extensive experience and skills in the field. It is important to also note that salary ranges can change over time and may be influenced by market conditions

Federal Home Loan Mortgage Corp. provides liquidity, stability and affordability to the U.S. housing market primarily by providing credit guarantee for residential mortgages originated by mortgage lenders and investing in mortgage loans and mortgage-related securities.