Quantitative Analytics Director - Enterprise Model Governance (Hybrid - 3 Days in Office - VA)

Company: Freddie Mac
Location: Dallas
Posted on: February 11, 2025

Job Description:

At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.Position Overview:The Enterprise Model Governance (EMG) Team, a first line enterprise function within Investments & Capital Markets (ICM), is seeking a highly motivated Enterprise Model Governance Director. Apply now to learn why there is #MoreAtFreddieMac!Our Impact:The EMG team is responsible for providing a coordinated, consistent approach to model governance across the first line business divisions.Your Impact:Responsibilities include:

• Develop enterprise guidance and procedure for Model Risk Management to enable consistent interpretation and implementation across the divisions.
• Perform Quality Control reviews of the model governance activities to promote adherence with the EMG procedure and guidance.
• Consolidate divisional metrics (including performance, risk and control metrics), model inventory and create periodic enterprise Model Risk reports for Model Risk Committee and other relevant meetings.
• Monitor model key risk indicators ("KRIs") and/or metrics (including performance, risk and control metrics) for first line divisions and execute notification / escalation procedures when KRIs are operating outside of thresholds.
• Review and provide feedback on Agreed Upon Actions ("AUAs") impacting divisions and the enterprise.
• Collaborate with senior leadership, anticipate and address customer needs, appropriately tailor communications and training to best meet them.
• Partner with enterprise governance groups (e.g., Enterprise Data Office, Enterprise Third Party Office, Artificial Intelligence Risk Governance, etc.) and Enterprise Operations & Technology, as applicable, when model-specific guidance is needed related to another risk domain such as data, third party, AI/ML, technology.Qualifications:
  • Bachelor's Degree in related field and 12+ years of overall relevant experience.
  • 5+ years of experience in model governance and/or operational risk management.
  • People management experience.
  • Understanding of model risks and management practices, ideally including regulatory requirements and expectations.
  • Understanding and experience with operational risk management, covering the full lifecycle of activities, including risk identification, assessment, mitigation, monitoring, and reporting.
  • Experience with design and testing of model/operational controls is a plus.
  • Ability to take ownership and collaborate with a diverse group of partners.Keys to Success in this Role:
    • Critical thinking, strong problem-solving skills, and attention to detail.
    • Strong written and verbal communication skills, and the ability to communicate appropriately at all levels of the organization including visualizations.
    • Capability to guide and influence others in the adoption and implementation of policies and standards, including leading and guiding the team.
    • Strong EXCEL skills to analyze large datasets efficiently and methodically.
    • Sense of urgency and able to apply a risk-based approach to prioritize work.
    • Ability to adapt to change while continuing to deliver on assigned tasks.
    • Proven ability to use data and analytics and apply it to inform on risk perspectives.
    • Understand and use workflow tools to drive new/enhanced functionality for supporting controls monitoring and reporting.
    • Provide thoughtful fact-based effective challenge to the first line in a clear, concise, and risk-based approach.Current Freddie Mac employees please apply through the internal career site.Today, 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.We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit and register with our referral code: MAC.Time-type: Full timeFLSA Status: ExemptFreddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our site.This position has an annualized market-based salary range of $212,000 - $318,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity, and other relevant qualifications of the applicant.
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Keywords: Freddie Mac, Dallas , Quantitative Analytics Director - Enterprise Model Governance (Hybrid - 3 Days in Office - VA), Administration, Clerical , Dallas, Texas