Third Party Risk Governance & Reporting Senior

Are you a detail-oriented and analytical individual with a strong background in risk management? Do you have experience in third party risk governance and reporting? If so, we have an exciting opportunity for you at Freddie Mac! As the Third Party Risk Governance & Reporting Senior, you will play a crucial role in ensuring the efficient and effective management of third party risks within our organization. With your expertise and strategic mindset, you will help us maintain our high standards and compliance with regulatory requirements. Join our dynamic team and make a positive impact on our business operations!

1. Develop and implement third party risk governance policies and procedures in compliance with regulatory requirements.
2. Oversee the third party risk management process, including vendor due diligence, risk assessments, and ongoing monitoring.
3. Conduct thorough analyses of third party risks and provide recommendations for risk mitigation.
4. Collaborate with cross-functional teams to identify and address potential risks within third party relationships.
5. Maintain a comprehensive reporting system for third party risk management, providing regular updates to senior management and relevant stakeholders.
6. Stay up-to-date on industry best practices and regulatory changes related to third party risk management.
7. Train and educate employees on third party risk management policies and procedures.
8. Develop and maintain relationships with third party vendors to ensure ongoing compliance and risk mitigation.
9. Conduct audits and reviews of third party risk management processes to ensure effectiveness and identify areas for improvement.
10. Communicate and escalate any significant risks or issues to senior management.
11. Participate in cross-functional projects and initiatives related to third party risk management.
12. Mentor and provide guidance to junior team members on best practices for third party risk governance and reporting.
13. Continuously evaluate and improve the efficiency and effectiveness of third party risk management processes.

According to JobzMall, the average salary range for a Third Party Risk Governance & Reporting Senior in McLean, VA, USA is $130,000-$150,000 per year. This may vary depending on factors such as the specific company, years of experience, and additional skills and qualifications.

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.