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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. Continue your career journey where your work contributes to a greater purpose.

We are seeking a Portfolio Credit Risk Lead for Single Family Portfolio & Servicing. This role sits at the center of Freddie Mac's enterprise financial risk oversight, shaping how the company anticipates, measures, and manages Single-Family (SF) credit risk across the economic cycle. You will translate macroeconomic and industry trends to provide context for SF portfolio performance.

As an independent risk leader, you'll provide effective challenge to business risk management, strengthen risk governance and utilize your broad experience in all aspects of mortgage loan servicing and the related credit risks. You'll partner closely across Enterprise Risk, Internal Audit and the business to monitor key risk indicators, identify emerging risks, assess new initiatives and policy changes, and evaluate portfolio strategies such as loss mitigation and liquidation approaches.

The Financial Risk team within the Enterprise Risk Division is responsible for oversight and effective challenge of the company's most important risks. Together, we:

• Establish governance, policies, and standards that define how the company manages financial risks to support safety and soundness

• Monitor and report on the risk and control profiles, financial risk appetite, and performance of risk indicators and metrics against thresholds and limits

• Communicate enterprise-wide risk management issues and emerging risks and monitor effective and timely issue resolution

• Provide timely and independent oversight and effective challenge of the company's financial risk management practices and risk-taking activities

• Build strong partnerships with Single-Family counterparts and across Enterprise Risk Management

• Monitor KRIs and other risk metrics to measure credit risk exposure impacted by servicing activities; monitor performance against risk appetite thresholds and identify key drivers

• Monitor industry and macroeconomic conditions; monitor trends, developing issues and emerging risks

• Participate in or lead independent oversight and assessment of Single-Family Portfolio & Servicing policy and servicer performance activities

• Conduct risk assessments including Process, Risk & Control (PRC) reviews; coordinate GRC monitoring

• Review SF New Products/New Initiatives, Significant Changes and FHFA Directives for credit risk exposure and downstream impacts

• Review and assess SF Servicing Policy changes and issued Terms of Business for credit exposure

• Monitor Single Name Servicer oversight, monitor monthly servicer scorecards, review scorecard methodology changes

• Provide focused analysis on Top 25 SF Servicer performance, monitor CRR Servicing Risk Scores

• Attend Seller/Servicer Forum and Third-Party Risk oversight meetings

• Monitor Transfers of Servicing (TOS) and VPC transfers

• Participation in Contingency planning activities with the business, Operational Risk and Counterparty Risk stakeholders

• Review servicer capacity strategy and provide assessment on planned capacity vs portfolio delinquency trends

• Provide oversight of SQA & Remedy results, provide SQA Annual Plan Assessment and Annual Flood Insurance Review

• Complete reviews of 1L SFPS policies and procedures for compliance with corporate risk policies.

• Monitor compliance with corporate risk policies, standards and Compliance Obligations governing portfolio consumer credit risk management activities

• Review and maintain departmental policies and procedures

• Support ongoing reporting and assessments to management

• Coordinate Internal Audit and FHFA Targeted Exams for SF Policy & Servicing activities

• Perform other ad-hoc risk analysis as needed

• 8 + years of experience at a large mortgage servicer or in a servicing area of a GSE or HUD

• 8 + years of experience in risk management within a large financial institution

• Ability to provide independent risk assessments with limited supervision

• Experience with process, risk and controls reviews and assessments

• In-depth knowledge of the loan lifecycle of a SF mortgage; knowledge of performing and default management, including bankruptcy, foreclosure and REO management

• Knowledge of borrower behavior, federal regulations related to real estate and collections, and collateral valuation

• Knowledge of GSE Guide requirements, including insurance, title and escrow

• Working knowledge of structured finance, investor reporting and disclosures, ability to anticipate downstream impacts and possible obstacles due to policy or program changes

• Experienced in credit policy development

• Ability to maintain up-to-date knowledge of macroeconomic conditions, industry trends and emerging risks

• Strong interpersonal and communication skills, ability to work across risk teams and first- and third-line counterparts

• Ability to work under pressure effectively to resolve issues and meet deadlines in a dynamic environment

• Attention to detail, ability to produce timely, high-quality and well-documented oversight outcomes

• Strong organizational skills, willingness to learn adjacent areas of the business

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.

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.