Counterparty Risk Associate Full Time

Freddie Mac Multifamily is a leading innovator in the Multifamily mortgage market, and we are seeking a motivated and independent associate to join our dynamic counterparty risk management team. If you are passionate about commercial real estate, eager to learn about risk management, and thrive in a self-driven environment, we want to hear from you. As a member of the Counterparty Risk & Compliance team, you will play a crucial role in assessing and managing risk associated with our business partners. This position offers an excellent opportunity to work independently, grow your expertise in the commercial real estate industry, and contribute to the success of our risk management efforts.

Our Impact:

Our team is responsible for reducing counterparty risk to Freddie Mac Multifamily by:

• Evaluating and mitigating risk posed by new counterparties that want to do business with Freddie Mac Multifamily.
• Reviewing and approving the expansion of business that current counterparties can conduct with Freddie Mac Multifamily.
• Performing risk assessments on existing counterparties undergoing organizational changes (e.g., mergers, acquisitions).
• Implementing third-party risk management strategies for the Multifamily division.
• Tracking the inherent and residual risk for all Multifamily counterparty types.

Your Impact:

You will have an impact in helping to reduce counterparty risk by:

• Assessing risk presented by new and existing counterparties.
• Recommending mitigating actions for reducing counterparty risk.
• Implementing risk mitigants to ensure compliance with stated requirements.
• Managing customer interaction throughout the evaluation process.
• Supporting existing risk reporting processes.
• Identifying additional risk impacts by understanding the multifamily business.

Qualifications:

• Bachelor’s degree in Finance, Business Administration, Economics, Real Estate, or related field.
• At least 2 years of experience in risk management, financial services or management consulting.
• Excellent verbal and written communication skills.
• Strong analytical and problem-solving skills with a keen attention to detail.
• Ability to work both independently and collaboratively.
• Proficiency in Microsoft Office.
• Strong knowledge of commercial real estate/multifamily business and risk management.

Keys to Success in this Role:

• Commitment to excellence:
  • Takes initiative by owning responsibility for their workload.
  • Pays attention to detail by using their knowledge to identify / correct inconsistencies.
  • Achieves results by identifying blockers and raising issues to the team to ensure progress.
• Focus on collaboration:
  • Shows executive presence by effectively summarizing problems and expressing ideas in a concise manner to team leads and managers.
  • Manages collaborative relationships by effectively working with members in production, underwriting, AMO, legal, etc. as needed.
  • Facilitates effective meetings by supporting meeting preparation and facilitation, including presenting on particular topics.
• Willingness to learn:
  • Demonstrates Counterparty Transaction process knowledge by being able to perform their role in accordance with team policies and procedures.
  • Demonstrates CRC process knowledge by understanding the structure of the other CRC teams and building relationships with members of those teams.
  • Demonstrates business partner knowledge by understanding the structure of the different AMO teams and knowing Freddie Mac Multifamily’s Seller / Servicer network.
  • Enhances Multifamily business knowledge by taking training to further their understanding of the Multifamily industry.
• Performs Analytical Thinking:
  • Displays sound professional judgement by considering business and historical context when making decisions.
  • Identifies solutions by working with peers to collaborate on potential solutions and presents them to team leaders as appropriate.
  • Asks critical questions by leveraging prior experience to identify areas of confusion and asks for help when they do not understand.

Source: Freddie Mac’s Career Page

Tagged as: REPE Firm