Create a scalable operating model: Standardize governance, intake, prioritization, and ... risk. Employees exercise this responsibility by executing against policies and procedures and ...
Create a scalable operating model: Standardize governance, intake, prioritization, and ... risk. Employees exercise this responsibility by executing against policies and procedures and ...
Data Governance Senior
Mclean, VA · On-site
... Model (ABM) lifecycle from design through approval. Qualifications: * 5 - 7 years of information risk / data governance experience within the financial services industry. * Bachelor's degree or ...
Data Governance Senior
Mclean, VA · On-site
... Model (ABM) lifecycle from design through approval. Qualifications: * 5 - 7 years of information risk / data governance experience within the financial services industry. * Bachelor's degree or ...
Freddie Mac's Single-Family Credit Risk Management (CRM) division is seeking a Business Management ... Create a scalable operating model: Standardize governance, intake, prioritization, and ...
Freddie Mac's Single-Family Credit Risk Management (CRM) division is seeking a Business Management ... Create a scalable operating model: Standardize governance, intake, prioritization, and ...
Manager, Data Scientist - Model Risk Office Data is at the center of everything we do. As a startup ... the model governance framework for the next generation of models * Validate a wide variety of ...
Manager, Data Scientist - Model Risk Office Data is at the center of everything we do. As a startup ... the model governance framework for the next generation of models * Validate a wide variety of ...
Manager, Data Scientist - Model Risk Office Data is at the center of everything we do. As a startup ... the model governance framework for the next generation of models * Validate a wide variety of ...
Manager, Data Scientist - Model Risk Office Data is at the center of everything we do. As a startup ... the model governance framework for the next generation of models * Validate a wide variety of ...
Experience integrating data governance with AI/ML governance, model risk management, and emerging ... technologies preferred. * Experience using A.I. tools preferred. Additional Skills To perform the ...
Experience integrating data governance with AI/ML governance, model risk management, and emerging ... technologies preferred. * Experience using A.I. tools preferred. Additional Skills To perform the ...
Manager, Data Scientist - Model Risk Office Data is at the center of everything we do. As a startup ... the model governance framework for the next generation of models * Validate a wide variety of ...
Manager, Data Scientist - Model Risk Office Data is at the center of everything we do. As a startup ... the model governance framework for the next generation of models * Validate a wide variety of ...
Manager, Data Scientist - Model Risk Office
Mclean, VA · On-site
$200 - $250/hr
Manager, Data Scientist - Model Risk Office Data is at the center of everything we do. As a startup ... the model governance framework for the next generation of models. * Validate a wide variety of ...
Manager, Data Scientist - Model Risk Office
Mclean, VA · On-site
$200 - $250/hr
Manager, Data Scientist - Model Risk Office Data is at the center of everything we do. As a startup ... the model governance framework for the next generation of models. * Validate a wide variety of ...
Manager, Data Scientist - Model Risk Office Data is at the center of everything we do. As a startup ... the model governance framework for the next generation of models * Validate a wide variety of ...
Manager, Data Scientist - Model Risk Office Data is at the center of everything we do. As a startup ... the model governance framework for the next generation of models * Validate a wide variety of ...
Risk Management Graduate Intern - Business Summer 2027
Mclean, VA · On-site
$16 - $20/hr
As risk management continues to evolve, our teams play an increasingly important role in overseeing areas such as artificial intelligence, model risk, fraud risk, data governance, and enterprise-wide ...
Risk Management Graduate Intern - Business Summer 2027
Mclean, VA · On-site
$16 - $20/hr
As risk management continues to evolve, our teams play an increasingly important role in overseeing areas such as artificial intelligence, model risk, fraud risk, data governance, and enterprise-wide ...
$16 - $20/hr
As risk management continues to evolve, our teams play an increasingly important role in overseeing areas such as artificial intelligence, model risk, fraud risk, data governance, and enterprise-wide ...
$16 - $20/hr
As risk management continues to evolve, our teams play an increasingly important role in overseeing areas such as artificial intelligence, model risk, fraud risk, data governance, and enterprise-wide ...
As risk management continues to evolve, our teams play an increasingly important role in overseeing areas such as artificial intelligence, model risk, fraud risk, data governance, and enterprise-wide ...
As risk management continues to evolve, our teams play an increasingly important role in overseeing areas such as artificial intelligence, model risk, fraud risk, data governance, and enterprise-wide ...
Risk Management Graduate Intern - Business Summer 2027
Mclean, VA · On-site
$16 - $20/hr
As risk management continues to evolve, our teams play an increasingly important role in overseeing areas such as artificial intelligence, model risk, fraud risk, data governance, and enterprise-wide ...
Risk Management Graduate Intern - Business Summer 2027
Mclean, VA · On-site
$16 - $20/hr
As risk management continues to evolve, our teams play an increasingly important role in overseeing areas such as artificial intelligence, model risk, fraud risk, data governance, and enterprise-wide ...
Risk Management Graduate Intern - Business Summer 2027
Mclean, VA · On-site
$16 - $20/hr
As risk management continues to evolve, our teams play an increasingly important role in overseeing areas such as artificial intelligence, model risk, fraud risk, data governance, and enterprise-wide ...
Risk Management Graduate Intern - Business Summer 2027
Mclean, VA · On-site
$16 - $20/hr
As risk management continues to evolve, our teams play an increasingly important role in overseeing areas such as artificial intelligence, model risk, fraud risk, data governance, and enterprise-wide ...
Risk Management Graduate Intern - Business Summer 2027
Mclean, VA · On-site
$60 - $80/hr
As risk management continues to evolve, our teams play an increasingly important role in overseeing areas such as artificial intelligence, model risk, fraud risk, data governance, and enterprise-wide ...
Risk Management Graduate Intern - Business Summer 2027
Mclean, VA · On-site
$60 - $80/hr
As risk management continues to evolve, our teams play an increasingly important role in overseeing areas such as artificial intelligence, model risk, fraud risk, data governance, and enterprise-wide ...
IT Project Manager
Mclean, VA · On-site
$100K - $118K/yr
Maintain and implement model risk governance framework within the regulatory environment and maintain all governance documents. Build and maintain data quality reporting. * Maintenance and management ...
IT Project Manager
Mclean, VA · On-site
$100K - $118K/yr
Maintain and implement model risk governance framework within the regulatory environment and maintain all governance documents. Build and maintain data quality reporting. * Maintenance and management ...
Senior Associate, Data Scientist - Model Risk Office Data is at the center of everything we do. As ... the model governance framework for the next generation of models * Validate a wide variety of ...
Senior Associate, Data Scientist - Model Risk Office Data is at the center of everything we do. As ... the model governance framework for the next generation of models * Validate a wide variety of ...
Senior Manager, Data Science - Model Risk Office Data is at the center of everything we do. As a ... the model governance framework for the next generation of models * Validate a wide variety of ...
Senior Manager, Data Science - Model Risk Office Data is at the center of everything we do. As a ... the model governance framework for the next generation of models * Validate a wide variety of ...
Principal Associate, Data Science - Model Risk Office
Mclean, VA · On-site
$59K - $60K/yr
Principal Associate, Data Science - Model Risk Office Data is at the center of everything we do. As ... governance framework for the next generation of models * Lead validation of a wide variety of ...
Principal Associate, Data Science - Model Risk Office
Mclean, VA · On-site
$59K - $60K/yr
Principal Associate, Data Science - Model Risk Office Data is at the center of everything we do. As ... governance framework for the next generation of models * Lead validation of a wide variety of ...
Senior Manager, Data Science - Model Risk Office Data is at the center of everything we do. As a ... the model governance framework for the next generation of models * Validate a wide variety of ...
Senior Manager, Data Science - Model Risk Office Data is at the center of everything we do. As a ... the model governance framework for the next generation of models * Validate a wide variety of ...
Model Risk Governance information
See Virginia salary details
$16.52 is the 25th percentile. Wages below this are outliers.
$10.01 - $21.95
46% of jobs
The median wage is $24.46 / hr.
$21.95 - $33.89
20% of jobs
$33.89 - $45.82
3% of jobs
$56.06 is the 75th percentile. Wages above this are outliers.
$45.82 - $57.76
7% of jobs
$57.76 - $69.70
0% of jobs
$69.70 - $81.64
7% of jobs
$81.64 - $93.57
13% of jobs
$93.57 - $105.51
2% of jobs
$105.51 - $117.45
0% of jobs
$117.45 - $129.39
1% of jobs
$129.39 - $141.32
1% of jobs
$10
$45
$141
How much do model risk governance jobs pay per hour?
As of Sep 9, 2026, the average hourly pay for model risk governance in Virginia is $45.32, according to ZipRecruiter salary data. Most workers in this role earn between $14.76 and $71.49 per hour, depending on experience, location, and employer.
What is a model risk governance?
A Model Risk Governance job involves overseeing the policies, procedures, and frameworks used to manage model risk within an organization. Professionals in this role ensure that models used for decision-making in areas like finance, risk management, and compliance are properly validated, monitored, and updated. They work closely with model developers, risk managers, and regulators to enforce governance standards and mitigate potential risks. Key responsibilities include establishing model validation processes, conducting risk assessments, and ensuring compliance with regulatory requirements.
What are some typical challenges faced in a model risk governance role?
Professionals in Model Risk Governance often encounter challenges such as keeping up with evolving regulatory requirements, ensuring comprehensive documentation for models, and maintaining effective communication between technical modelers and business stakeholders. Balancing rigorous model validations with tight project timelines can also be demanding, especially when coordinating input from various teams. Overcoming these hurdles requires a proactive approach to learning, strong organizational skills, and the ability to translate complex quantitative issues into actionable insights for decision-makers. These challenges make the work dynamic and offer significant opportunities to influence critical risk management processes within the organization.
What are the key skills and qualifications needed to thrive in a model risk governance role?
To excel in Model Risk Governance, you typically need a strong background in quantitative finance, statistics, or a related field, often with advanced degrees such as a master's or Ph.D., and experience in risk management. Familiarity with model validation tools, programming languages like Python or R, and regulatory frameworks such as SR 11-7 or Basel guidelines is highly valued. Strong analytical thinking, communication skills, and the ability to manage multiple stakeholders are key soft skills for this position. These competencies ensure effective oversight of model risk, facilitate regulatory compliance, and enable clear communication of complex technical issues to non-technical stakeholders.
What are the most commonly searched types of Model Risk Governance jobs in Virginia?
The most popular types of Model Risk Governance jobs in Virginia are:
What are popular job titles related to Model Risk Governance jobs in Virginia?
For Model Risk Governance jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Model Risk Governance jobs in Virginia look for?
The top searched job categories for Model Risk Governance jobs in Virginia are:
Senior Director, Business Management (Credit Risk Management)
Mclean, VA • On-site
Freddie Mac •
Finance and Insurance • 5 - 10K employees5,001 - 10,000 employees
Full-time
This job post has expired 2 days ago. Applications are no longer accepted.
Freddie Mac rating
9.2
Based on 5 frontline employees who took The Breakroom Quiz
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:
Freddie Mac's Single-Family Credit Risk Management (CRM) division is seeking a Business Management Senior Director, reporting to the Chief Credit Officer to serve as the strategic integrator and operational backbone for a 250+ person organization. This leader will own the department's operating rhythm, drive a portfolio of high-impact initiatives, and ensure alignment between executive priorities and day-to-day execution across CRM.
The role blends executive-level partnership with operational leadership and program execution - setting direction, establishing governance, aligning stakeholders, and ensuring measurable outcomes across complex, interdependent workstreams in a highly regulated environment.
Our Impact:
Single-Family Credit Risk Management safeguards Freddie Mac's mission by governing credit policy, underwriting standards, and model oversight that enable safe, sound, and affordable lending across the U.S. housing market. The Business Management function accelerates this mission by providing the operating backbone for the department - running the operating rhythm (planning, governance, prioritization, performance management, and executive communications), leading cross-functional initiatives, and ensuring CRM's voice is represented effectively with senior Freddie Mac leadership, FHFA, and the Board.
Your Impact:
Qualifications:
Keys to Success in this Role:
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 $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.
Position Overview:
Freddie Mac's Single-Family Credit Risk Management (CRM) division is seeking a Business Management Senior Director, reporting to the Chief Credit Officer to serve as the strategic integrator and operational backbone for a 250+ person organization. This leader will own the department's operating rhythm, drive a portfolio of high-impact initiatives, and ensure alignment between executive priorities and day-to-day execution across CRM.
The role blends executive-level partnership with operational leadership and program execution - setting direction, establishing governance, aligning stakeholders, and ensuring measurable outcomes across complex, interdependent workstreams in a highly regulated environment.
Our Impact:
Single-Family Credit Risk Management safeguards Freddie Mac's mission by governing credit policy, underwriting standards, and model oversight that enable safe, sound, and affordable lending across the U.S. housing market. The Business Management function accelerates this mission by providing the operating backbone for the department - running the operating rhythm (planning, governance, prioritization, performance management, and executive communications), leading cross-functional initiatives, and ensuring CRM's voice is represented effectively with senior Freddie Mac leadership, FHFA, and the Board.
Your Impact:
- Lead department operations (business management): Own the operating rhythm for CRM - strategic planning, prioritization, performance management, budget and resource coordination, training, communications, and executive reporting.
- Serve as Primary Business Management strategy and execution for the Chief Credit Officer: Translate executive priorities into coordinated execution, represent the CCO in key forums, and enable clarity and alignment across the department.
- Oversee the policy development lifecycle: Manage the Guide Bulletin process, Terms of Business updates, and FHFA submissions - driving consistency and operational effectiveness from intake through publication.
- Drive a portfolio of transformation initiatives: Lead and coordinate major programs and the department-wide Project Management capability, including model portfolio oversight across 20+ models.
- Engage senior stakeholders: Represent CRM with Freddie Mac executive leadership, FHFA, the Board, and internal control functions (audit, compliance, model risk, legal).
Qualifications:
- 12+ years of experience in business management, chief of staff, strategy, operations, or program leadership roles within financial services, housing finance, fintech, or a highly regulated environment
- Proven success leading complex, cross-functional portfolios with multiple stakeholders and interdependent workstreams.
- Demonstrated ability to lead division operations (planning, governance, metrics, executive reporting, budget and resource coordination)
- Strong executive presence with the ability to advise, influence, and represent senior leaders
- Exceptional communication skills - able to translate complex topics into clear narratives for executives and broad stakeholder groups
- Strong risk and control mindset; comfort operating in regulated environments with audit, compliance, and model risk considerations
- Familiarity with mortgage industry concepts (credit policy, underwriting, loan delivery, model risk, investor guidelines) or adjacent capital markets domains preferred
- PMP, AMP, ADKAR (or equivalent change management) certifications preferred
- MBA or advanced degree in business, public policy, analytics, or a related field (or equivalent experience) preferred
Keys to Success in this Role:
- Operate as the "integrator" for the department: Connect strategy, execution, and day-to-day operations so the CCO and leadership team have clarity, momentum, and control
- Build trusted partnerships: Earn credibility with policy, product, technology, risk, legal/compliance, FHFA, and enterprise teams to unblock decisions quickly
- Create a scalable operating model: Standardize governance, intake, prioritization, and communications so business management becomes repeatable and sustainable
- Lead through change: Drive adoption with strong change management - stakeholder engagement, training, communications, and feedback loops
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 $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.
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