Freddie Support Member Jobs

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Freddie Support Member Jobs

Job Details:-

Hiring Organization:- Freddie Mac

Industry:-  Private

Employment Type:- Full Time

Work Hours:– 8 Hours

Locations:- UK

Conducts audits of the organization’s capital markets, securitization, and payment processes to ensure compliance and standard methodologies. Responsible for the evaluation and monitoring of business / operational risk management, control, and governance practices, with recommendations and resolutions for improvement. Provides detailed feedback/communication to business unit management. May lead specific control initiatives, firm-wide process changes or conduct special investigations.

Our Impact:

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Our team consists of highly skilled audit and/or risk management professionals with a proven track record of providing valuable audit and advisory services to Freddie Mac. The team plays a meaningful role in crafting our approach to managing market, liquidity and fraud risk by providing independent, objective, and beneficial assurance of risk management, governance, and controls.

Your Impact:

The Internal Audit Senior will implement end-to-end audits on market and liquidity risks, as well as securitizations and payment processes. These span over multiple areas while reviewing and testing Freddie Mac’s core business processes and delivering audits directed on related controls. Using the Threes Lines of Defense model, they will work closely with risk partners and practitioners in all lines of the business.

Qualifications:

  • 2-4 years working experience in risk-based auditing, accounting, risk management, management consulting, or financial data analysis.
  • Bachelor’s degree in business, accounting, finance, management information systems, economics, or related field
  • Certified Public Accountant or candidate (CPA), Certified Internal Auditor or candidate (CIA) desirable, but not required.
  • Financial services or public accounting industry experience preferred.
  • Ability to work well in a collaborative environment as well as individually.
  • Critical thinker with ability to understand sophisticated processes and willingness to ask tough questions.
  • Creative and analytical approach in a problem-solving environment.
  • Effective verbal and written communication and people skills.
  • Critical thinker with ability to understand sophisticated processes and willingness to ask tough questions.
  • Creative and analytical approach in a problem-solving environment.
  • Effective verbal and written communication and people skills.

Keys to Success in this Role:

  • Previous financial services or public accounting experience
  • Possess deep curiosity to learn about the business, current trends, and business impacts.
  • Optimally work with and collaborate across the teams, building relationships with partners and inspiring trust.
About the  Freddie Mac Company:-

Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, is a U.S.-based government-sponsored enterprise (GSE) that was created in 1970 to expand the secondary mortgage market. While Freddie Mac does not directly operate in the UK, its functions and influence extend to global financial markets, including the UK.

The primary mission of Freddie Mac is to provide liquidity, stability, and affordability to the U.S. housing market by purchasing mortgages from lenders, pooling them, and selling them as mortgage-backed securities (MBS) to investors. This process helps increase the supply of money available for mortgage lending and thus supports homeownership and rental housing.

In the UK, Freddie Mac’s impact can be seen indirectly through its role in the broader global financial system. The securitization models and financial instruments that Freddie Mac uses have counterparts in the UK, influencing practices in the mortgage market and financial services. Moreover, global investors, including those from the UK, invest in Freddie Mac’s MBS, thus linking the UK financial markets with the U.S. housing finance system.

Freddie Mac’s influence is also felt through its risk management and financial strategies, which are often studied and sometimes emulated by financial institutions worldwide. Its activities contribute to setting benchmarks in financial stability and innovation in mortgage financing.

In summary, while Freddie Mac does not have a direct operational presence in the UK, its activities and the financial products it offers play a significant role in the global financial markets, including the UK. Its practices in mortgage securitization and housing finance continue to have a broad impact, shaping financial and housing markets worldwide.

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