Compliance Control Testing Senior Manager; Hybrid - in Office - VA or TX

Position Overview

At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make home ownership and rental housing more accessible and affordable across the nation.

The Compliance Testing (CT) team conducts risk‑based, independent testing across the Enterprise to assess the adequacy and efficacy of Freddie Mac’s compliance risk management activities and identify potential non‑compliance with laws, rules, regulations or other requirements from the Federal Housing Finance Agency (FHFA) (collectively, Obligations).

You will play an impactful role on the second line of defense (2

LOD) Compliance Testing (CT) team by leading CT reviews to assess the adequacy and effectiveness of controls in place to mitigate risk of non‑compliance with Obligations. You will manage a team of testers through the execution of testing and reporting of test results. These results will be reported to the Chief Compliance Officer, other Senior Management as well as the Board of Directors and its applicable Committees.

• Conduct planning work which includes gaining an understanding of key regulatory requirements to be tested, recommending to the CT Director a focused scope for each review, directing a team of testers in assessing the documented control environment in relation to those requirements, and working with testers to ensure appropriate test plans have been established.
• Complete testing, which includes supervising execution of tests of control design and tests of operating effectiveness test work in execution, assisting testers as needed, and reviewing work papers to ensure testing performed is appropriately evidenced and supports results, including any findings noted which may pertain to the control environment or non‑compliance with Obligations.
• Summarize testing results in concise draft reports for CT Director review with sufficient detail to help partners to understand any issues reported and determine appropriate action plans to address the issue.

• 8+ years of overall experience in internal audit or other control testing role
• Understanding of processes and controls in one or more of the following areas is ideal but not required:
  Investments and Capital Markets, Securitization, and Information Technology
• Ability to balance multiple reviews/duties simultaneously, including supervision of the work of others
• Excellent communication skills (both oral and written)
• Bachelor’s Degree in Finance, Accounting or related study; advanced degree (Master’s Degree, MBA, JD) is a plus
• CIA and/or CISA Certification preferred

• Quickly understand legal and regulatory framework and key legal Obligations as well as understand through walkthroughs how processes and controls have been built to meet the Obligations
• Lead reviews to meet deadlines, supported by high quality work products
• Summarize and report potential issues early and clearly for relevant audiences
• Deliver and stand behind difficult messages, when necessary
• Exercise strong listening skills
• Develop positive relationships with key partners across all three lines of defense
• Seek opportunities to support the team outside of directed assignments

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities 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.