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Bank Risk Management Jobs in Washington (NOW HIRING)

Fraud Risk Manager

Silver Spring, MD · Hybrid

$104.22K - $173.69K/yr

Monitor evolving regulatory guidance (FFIEC, CFPB, OCC, FDIC, Federal Reserve) and assess impact on the Bank's fraud program. * Design and present fraud risk reporting to senior management, risk ...

Fraud Risk Manager

Silver Spring, MD · On-site

$104.22K - $173.69K/yr

Monitor evolving regulatory guidance (FFIEC, CFPB, OCC, FDIC, Federal Reserve) and assess impact on the Bank's fraud program. * Design and present fraud risk reporting to senior management, risk ...

Fraud Risk Manager

Silver Spring, MD · Hybrid

$104.22K - $173.69K/yr

Monitor evolving regulatory guidance (FFIEC, CFPB, OCC, FDIC, Federal Reserve) and assess impact on the Bank's fraud program. * Design and present fraud risk reporting to senior management, risk ...

Fraud Risk Manager

Silver Spring, MD · Hybrid

$104.22K - $173.69K/yr

Monitor evolving regulatory guidance (FFIEC, CFPB, OCC, FDIC, Federal Reserve) and assess impact on the Bank's fraud program. * Design and present fraud risk reporting to senior management, risk ...

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Showing results 1-20

Bank Risk Management information

See Washington salary details

$58.3K

$126.3K

$192.5K

How much do bank risk management jobs pay per year?

As of May 30, 2026, the average yearly pay for bank risk management in Washington is $126,348.00, according to ZipRecruiter salary data. Most workers in this role earn between $101,900.00 and $146,100.00 per year, depending on experience, location, and employer.

What is a Bank Risk Management job?

A Bank Risk Management job involves identifying, assessing, and mitigating financial risks that could impact a bank's operations and stability. Professionals in this role analyze credit, market, operational, and regulatory risks to ensure the bank complies with industry standards and maintains financial security. They develop risk models, monitor exposure, and implement strategies to minimize potential losses. Strong analytical skills, regulatory knowledge, and financial expertise are essential for this role.

What are the key skills and qualifications needed to thrive in the Bank Risk Management position, and why are they important?

To thrive in Bank Risk Management, you generally need strong analytical skills, knowledge of finance and banking regulations, and a degree in finance, economics, or a related field. Familiarity with risk assessment tools, statistical software (such as SAS or R), and certifications like FRM (Financial Risk Manager) or CFA are highly valued. Excellent communication, critical thinking, and problem-solving abilities are important soft skills for interpreting data and presenting recommendations to stakeholders. These capabilities are essential for identifying, assessing, and mitigating risks that could impact the financial health and regulatory compliance of the bank.

What are some common challenges faced in a Bank Risk Management role?

One of the primary challenges in Bank Risk Management is staying updated with constantly evolving regulatory requirements and ensuring the bank's practices remain compliant. Additionally, professionals in this field must analyze complex financial data to anticipate and mitigate potential risks, which requires accuracy and keen attention to detail. Collaboration with other departments, such as credit, compliance, and operations teams, is frequent and essential for gathering information and implementing risk strategies. Successfully navigating these challenges improves organizational resilience and protects the bank's financial stability.
What are the most commonly searched types of Bank Risk Management jobs in Washington? The most popular types of Bank Risk Management jobs in Washington are:
What are popular job titles related to Bank Risk Management jobs in Washington? For Bank Risk Management jobs in Washington, the most frequently searched job titles are:
What cities in Washington are hiring for Bank Risk Management jobs? Cities in Washington with the most Bank Risk Management job openings:
Portfolio Risk Management Senior Business Lead

Portfolio Risk Management Senior Business Lead

Freddie Mac

Mclean, VA • On-site

Full-time

Posted 13 days ago


Job description

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
Position Overview
Are you an innovative risk leader who wants to make an impact? Are you interested in applying your passion, talent, and ambition to support affordable and sustainable housing for families in communities nationwide? Join the Enterprise Risk Division as a Portfolio Risk Management Senior Business Lead!
Our Impact:
The Portfolio Risk Management Senior Business Lead conducts Enterprise Risk counterparty risk analytics, governance, and oversight for Freddie Mac's Single-Family (SF) and Multifamily (MF) mortgage portfolios. The role assesses, monitors, and communicates risks related to mortgage insurers (MIs), seller/servicers (S/S), banks, and other SF/MF counterparties-combining financial analysis, portfolio surveillance, market monitoring, and transaction-driven risk assessments to support risk appetite, approvals, and senior management decision-making.
Your Impact:
Counterparty Risk Analytics & Oversight
  • Lead counterparty-focused risk analysis for SF/MF portfolios, with primary responsibility for mortgage insurers, reinsurers, and/or seller/servicers.
  • Lead assessment of counterparty financial strength, including liquidity, earnings, funding profile, capital adequacy, profitability, risk indicators, and qualitative risk factors, and evaluate potential impacts to counterparty credit risk.
  • Perform counterparty risk attribution and trend analysis to explain changes in counterparty exposures, risk profiles, and concentrations over time.
  • Lead or provide independent risk assessments for transaction-driven counterparty matters, including mergers and acquisitions, significant initiatives, and Freddie Mac's new or expanded counterparty activities.
  • Support counterparty onboarding and approval workstreams, including coordination across stakeholders and ensuring required artifacts are complete for decisioning.
  • Review and provide risk assessments for methodologies and frameworks used for counterparty risk management such as counterparty exposures or counterparty ratings.

Ongoing Counterparty Surveillance
  • Design and maintain ongoing counterparty monitoring frameworks, including financial metrics, performance indicators, and early-warning signals for SF/MF counterparties.
  • Identify, assess, and clearly articulate emerging counterparty risks, including deterioration in financial condition, structural vulnerabilities, or adverse market developments.
  • Provide timely, decision-relevant risk insights to support proactive risk management actions. Escalate material counterparty concerns, mergers and acquisitions, limit breaches, or governance issues to senior risk leadership, and support CRO- and committee-level visibility as needed.

Cross-Functional Collaboration
  • Partner closely with Single-Family, Multifamily and Counterparty Credit Risk teams to ensure alignment of data, analytics, and risk messaging.
  • Work closely with other Enterprise Risk teams, including Credit, Model Risk, Compliance, and Third-Party Risk Management, to support end-to-end risk governance across credit, capital, model, and regulatory dimensions.

Qualifications:
  • 10+ years of experience in counterparty credit risk and mortgage credit risk, with demonstrated expertise in counterparty financial analysis (capital adequacy, liquidity, earnings sustainability, funding structures, and stress performance) across financial institutions and non-bank counterparties.
  • Strong business and risk knowledge of mortgage insurers (MIs), reinsurers (RIs), and/or seller/servicers, including operating models, regulatory frameworks, capital regimes, and performance drivers across market cycles (preferred).
  • Quantitative degree preferred in finance, economics, mathematics, statistics, or a related field; master's degree or professional certifications (e.g., FRM, CFA) a plus.
  • Strong decision-making skills, with the ability to work effectively under pressure to resolve critical issues.
  • Excellent verbal and written communication skills, with the ability to communicate complex information to a variety of audiences (including senior management and regulators) in a clear and actionable manner.
  • Experience analyzing complex financial data and using risk management and financial analysis tools (e.g., Python, R, Excel) a plus.

Keys to Success in this Role:
  • Lead and mentor a team of analysts focused on counterparty and portfolio risk analytics.
  • Promote strong analytical judgment, sound risk reasoning, and clear executive-level communication.
  • Drive continuous improvement in counterparty risk frameworks, policy standards, assessment documentation, and controls.

Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals 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.
A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
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 www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Exempt
Freddie 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 Careers site.
This position has an annualized market-based salary range of $154,000 - $230,000 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.

Freddie Mac logo

About Freddie Mac

Sourced by ZipRecruiter

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.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970