Freddie Mac

Third Party Risk Governance Senior

Freddie Mac

McLean, VA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a detail-oriented and analytical individual with a passion for risk management? Do you thrive in a fast-paced and dynamic environment? If so, we have an exciting opportunity for you to join our team as a Third Party Risk Governance Senior at Freddie Mac.In this role, you will play a crucial role in protecting the company's reputation and assets by overseeing and managing the third party risk governance program. You will work closely with various stakeholders to identify and mitigate potential risks posed by third party vendors and ensure compliance with regulatory requirements.To be successful in this position, you must have a deep understanding of third party risk management and possess strong communication and leadership skills. A bachelor's degree in finance, business administration, or a related field is required, along with a minimum of 5 years of experience in risk management or a related field.If you are a highly motivated and organized individual with a track record of successfully managing third party risk, we encourage you to apply for this exciting opportunity and take the next step in your career with Freddie Mac.

  1. Develop and implement the third party risk governance program to identify, assess, and monitor risks posed by third party vendors.
  2. Collaborate with various departments and stakeholders to ensure alignment with the company's policies and procedures related to third party risk management.
  3. Conduct risk assessments to identify potential risks and develop strategies to mitigate them.
  4. Monitor and track third party vendor performance and compliance with contractual agreements and regulatory requirements.
  5. Develop and maintain relationships with third party vendors to ensure open communication and timely response to any risk-related issues.
  6. Keep abreast of industry trends and regulatory changes related to third party risk management and make recommendations for improvement.
  7. Prepare and present reports to senior management on the status of the third party risk governance program and recommendations for improvement.
  8. Lead and train a team of risk analysts to ensure effective execution of the third party risk governance program.
  9. Collaborate with internal audit and compliance teams to ensure alignment and adherence to company policies and procedures.
  10. Stay updated on emerging risks and develop strategies to address them in a proactive manner.
  11. Conduct regular reviews and evaluations of the third party risk governance program to identify areas for improvement.
  12. Develop and implement risk management policies and procedures, and provide guidance to other departments on best practices.
  13. Act as a subject matter expert on third party risk management and provide training and support to other departments as needed.
  14. Participate in industry conferences and forums to stay updated on best practices and network with other risk management professionals.
  15. Continuously evaluate and improve the effectiveness of the third party risk governance program to protect the company's reputation and assets.
Where is this job?
This job is located at McLean, VA, USA
Job Qualifications
  • Knowledge Of Risk Management Frameworks: The Ideal Candidate For This Role Should Possess A Deep Understanding Of Various Risk Management Frameworks, Such As Coso, Iso 31000, And Nist, To Effectively Assess And Mitigate Third Party Risks.

  • Experience In Third Party Risk Management: A Senior Role In Third Party Risk Governance Requires Prior Experience In Managing Third Party Risks, Including Vendor Due Diligence, Contract Negotiation, And Ongoing Monitoring. The Candidate Should Have A Proven Track Record Of Successfully Implementing Third Party Risk Management Programs.

  • Strong Analytical Skills: The Ability To Analyze Complex Data And Identify Potential Risks And Vulnerabilities Is A Crucial Skill For A Third Party Risk Governance Senior. The Candidate Should Be Able To Conduct Thorough Risk Assessments And Develop Risk Mitigation Strategies.

  • Regulatory Knowledge: A Thorough Understanding Of Relevant Laws, Regulations, And Industry Standards Related To Third Party Risk Management Is Essential For This Role. The Candidate Should Be Well-Versed In Regulatory Requirements, Such As Occ 2013-29 And Ffiec It Examination Handbook.

  • Communication And Relationship Management: As A Senior Member Of The Third Party Risk Governance Team, The Candidate Should Possess Excellent Communication And Relationship Management Skills. This Includes The Ability To Effectively Communicate Risk Findings And Recommendations To Senior Management And Maintain Positive Relationships With Third Party Vendors.

Required Skills
  • Risk Management

  • Process Improvement

  • Vendor Management

  • Training

  • Data Analysis

  • Relationship Management

  • Reporting

  • Audit

  • Compliance

  • Due Diligence

  • Policy Development

  • Contract review

  • Governance

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • Interpersonal Skills

  • creativity

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Third Party Risk Governance Senior in McLean, VA, USA is $130,000 - $165,000. However, this can vary depending on factors such as the specific company, experience level, and additional skills or certifications.

Additional Information
Freddie Mac is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedFebruary 7th, 2024
Apply BeforeJune 21st, 2025
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About Freddie Mac

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.

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