Credit Risk Capital Manager

Freddie Mac - McLean, VA3.9

Full-time
The Credit Risk Capital Manager role reports to SF Risk Appetite & Capital Director in Credit Analytics & Reporting (CAR) team—which is part of SF Risk Management Division. The CAR team provides analytics for decision support and reporting to monitor performance for SF mortgage credit.

The Risk Appetite & Capital team within CAR is responsible for developing the SF stress scenario and capital framework, coordinating the development and execution of the SF Conservator Capital Framework (CCF), developing the Risk Appetite framework for consumer credit risk, and managing the process to monitor and mitigate Geographic Risk. The position will be tasked with developing and executing these frameworks, performing data research and ad-hoc analysis.

Your work falls into two primary categories:
1. Develop and Maintain Frameworks

  • Develop SF Division’s capital methodology and measurements, including the evaluation of various approaches for stress scenarios and the implementation in business decision making
  • Coordinate the development and execution of CCF, and performing quantitative and qualitative analysis of CCF vs internal measures
  • Developing and executing SF Division’s Risk Appetite framework. Develop analytics to conduct attribution analysis, forecast key metrics for next five years, and assess key sensitivities to economic conditions and management actions
2. Ad-hoc Analysis, Reviews and Reporting

  • Lead ad-hoc analysis, data querying and reporting needs
  • Assist in executing Significant User role of key models that drive capital (House Price, Default and Capital models)
  • Review capital and portfolio reporting performed by Finance for impact to business decisions
  • Regularly interacts with senior management on matters concerning several functional areas, divisions, and with regulators.
  • Prepare periodic briefing for senior management and formal risk/capital committees
  • Typically 8+ years of experience in the financial services industry performing analytical roles covering consumer credit risk over large portfolios. Typical experiences will cover credit risk analytics, reporting, forecasting, pricing, capital, and underwriting
  • Bachelor’s degree in quantitative field (Finance, Business, Statistics, Economics, Mathematics, Computer Science, Engineering or related field)
  • Demonstrated programing proficiency (e.g., SAS, SQL) to manipulate and analyze large data sets
  • Strong ability to work closely with modelers to evaluate and use models
Key to success in this role

  • Strong communication skills to explain complex topics in simple terms
  • Analytical mindset to identify and understand trends
  • Ability to work well with others
  • Deep curiosity to learn new analytical tools and approaches
Top 3 Personal Competencies to possess

  • Leadership: Set and execute upon a clear vision, strategy and/or goals
  • Seek and Embrace Change: Continuously improve work processes rather than accepting the status quo
  • Growth and Development: Know or learn what is needed to deliver results
  • Typically 2+ years of experience in monitoring and analyzing mortgage credit risk and/or capital, including structured credit risk evaluation (analyzing cash flows of Senior/Sub securitizations)
  • Masters’ degree in quantitative field
  • Typically 2+ years of management experience
  • Experience with data visualization software (e.g., Tableau, Microstrategy) is a plus
  • Strong written and communication skills
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. Freddie Mac is an equal opportunity and top diversity employer. EOE, M/F/D/V.