AUDIT RISK MODELING DIRECTOR & MANAGER POSITIONS

Freddie Mac

McLean, VA

 

At Freddie Mac, you’ll play a part supporting the company’s role in the economic recovery as you make home possible and support the President’s Making Home Affordable program. A vital component in the secondary mortgage market, Freddie Mac has made home ownership and rental housing more accessible and affordable for over 50 million families across America.

 

The newly created positions of Audit Risk Modeling Director and Manager focus on planning, implementing and documenting analyses of complex financial models and act as a quantitative subject matter expert for the Making Home Affordable initiative to support audits, investigations and reviews. One primary responsibility will be to direct all model validation and audit activity related to servicer implementations of the Net Present Value (NPV) and related financial models supporting the Home Affordability Modification Program.

 

Additional duties include, but are not limited to:

·        Developing corrective actions for model deficiencies through consultation with audit clients, and making suggestions on how clients can improve the quality of their modeling

·        Interacting with clients to assess the materiality of models, resolving issues and developing alternatives while supporting solution implementation

·        Leading or co-leading the planning of model audit and model validation objectives, plans, approaches and criteria

·        Interacting with senior management or executive levels on matters concerning functional areas, divisions and customers

·        Managing the activities of two or more sections or departments through subordinate managers

·         Establishing and assuring adherence to budgets, schedules, work plans and performance requirements

 

The candidate we seek will have:

·        Direct experience leading model audits and model validation, particularly for financial models with complex cash flows

·        Experience in defining, executing and improving model audit and model validation procedures consistent with audit standards and best practices

·        Broad background in cash flow model development, assessment for financial services institutions

·        Bachelor’s degree in a relevant field; advanced studies or degree preferred

·        Expertise in the secondary mortgage market and mortgage servicing processes

·        Superior influencing, project management, planning and verbal/written communication and presentation skills

 

The Audit Risk Modeling Director Role requires the following:

·        Minimum 12 years’ related experience that includes 4+ years in a management position

 

The Audit Risk Modeling Manager Role requires the following:

·        8-10 years of relevant experience that includes 2+ years in a management position

 

Conditions for Employment: This position is only available to U.S. Citizens and lawful permanent residents, absent approval from the U.S. Department of Treasury.

 

Freddie Mac is an equal opportunity employer who firmly supports and recognizes the value of diversity and inclusion.

 

Please click to apply to either of these positions with Freddie Mac.  While you will be directed to the Director position, applicants will be under consideration for both roles.