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Operational Risk Professional

Freddie Mac
Full Timemid
McLean, VA$74k – $112kPosted 5 weeks ago

Role Overview

Freddie Mac is hiring a mid-level Operational Risk Professional. This is a full-time role in McLean. The posted range is $74k to $112k. Full responsibilities, required qualifications, and the apply link are listed in the description below.

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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 is seeking an Operational Risk Professional to join the Investments & Capital Markets (I&CM) division. Are you someone who loves to challenge the status quo and leverage your critical mind? Do you want your work to be meaningful and make an impact in the housing industry? Apply now and support our mission to #makehomepossible! 

Our Impact:
 

The Treasury Governance team within the Investments & Capital Markets Division sets the policy and requirements that governs the end-to-end payment process and provide oversight and advisory for payment processing activities across Freddie Mac. 

We help the company to manage risks related to payment process to an acceptable level and report on the end-to-end payment risk profile. 


Your Impact:

  • Support maintenance of Payment Risk Management Framework that conforms with industry leading practices, standards and specifications; 

  • Support maintenance of Corporate policies, procedures and standards for corporate payment process; 

  • Support oversight of business area’s compliance with Corporate procedures for corporate payment process; 

  • Support periodic corporate aggregation assessments of unmitigated payment risks across the company; 

  • Support periodic reporting of the aggregated payment fraud risks, KRIs, KPIs, and KCIs for the end-to-end payment management reporting 

  • Support periodic risk and control assessments for payment processes as outlined in Corporate Risk Assessment Standard; 

  • Support the development of end-to-end payment process control testing oversight plan; 

  • Execute the end-to-end design review of controls for all payment processes 

  • Execute manual/automated control testing oversight. Challenging test scripts and test of one and operating effectiveness results from an end to end view; 

  • Review significant changes that impact payment processes or systems to determine that the risk and controls have been adequately assessed from an end-to-end view; 

  • Support training Freddie Mac staff about payments fraud; industry trends and appropriate safeguards and tips; and 

  • Support other assigned governance and advisory activities 



Qualifications:

  • Bachelor’s degree plus 2-4 years of operational risk/process management and/or audit experience 

  • Strong working knowledge of Microsoft Office (Excel, PowerPoint, Word, SharePoint, Visio) 

  • Previous big four experience and/or relevant professional certifications (CPA, CFA, Six Sigma green belt/black belt, CIA, etc.) a plus 

  • Familiarity with the COSO internal control framework 

  • Knowledge of payment processing, third party and information and technology risk and control capabilities (architecture, identity and access management, software/hardware security) 

  • Basic understanding of AI concepts and their business applications is a plus 



Key to Success in this Role:

  • Enthusiasm for learning about AI tools and their practical implementation  

  • Detail-oriented, analytical and good written and verbal communication skills   

  • Ability to understand and work with a diverse group of stakeholders within first and second line functions 

  • Self-motivated, pro-active, and result-driven problem solver with the capability of managing multiple priorities without heavy supervision 

  • Capable of working independently or within a collaborative team environment 

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:Non-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 $74,000 - $112,000 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

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Freddie Mac

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Frequently Asked Questions

How do I apply for the Operational Risk Professional position at Freddie Mac?

Use the Apply button above to submit your application directly to Freddie Mac. Most applications take less than 5 minutes if your resume and contact details are ready, and you'll be routed to the employer's official application system to finish.

Where is the Operational Risk Professional position at Freddie Mac located?

This position is based in McLean. Freddie Mac has not indicated remote or hybrid options for this role, so candidates should plan for on-site work.

How much does the Operational Risk Professional role at Freddie Mac pay?

Freddie Mac has posted a compensation range of $74k to $112k for this position. Final offers typically vary based on candidate experience, location, and internal salary bands.

When was the Operational Risk Professional role at Freddie Mac posted?

This role was posted on June 17, 2026 (36 days ago). It's still listed as actively hiring; we re-confirm openings against the source system multiple times per day and remove closed roles.

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