Compliance Control Testing Senior

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:

Do you enjoy finding out how and why processes and controls exist and identifying risk exposure to improve the efficiency and compliance of business processes? If you enjoy working in an environment that puts a premium on reliability, knowledge, and collaboration, then this Compliance Testing Senior position could be for you! Apply now and learn why Freddie Mac is #HomeToMore!

Our Impact:

This program conducts risk-based, independent testing across the Enterprise to assess Freddie Mac’s compliance risk management activities.

Your Impact:

You will play an impactful role on the second line of defense (2LOD) Compliance Testing (CT) team by conducting testing to support assessments of the adequacy and effectiveness of controls in place to mitigate Freddie Mac’s risk of non-compliance with Obligations. The results of your work will be reported to Senior Management and the Board of Directors and its applicable Committees.

Execution of CT framework

Conduct planning work which includes gaining an understanding of key regulatory requirements to be tested, assessing the documented control environment in relation to those requirements, and drafting test plans for Manager review

Complete testing, which may include procedures to assess design and/or operating effectiveness of controls, and/or identify instances of actual non-compliance with Obligations.

Summarize testing results and prepare concise reports with sufficient detail that would help stakeholders to understand any issues noted and determine the appropriate action plans to address the issue.

Qualifications:

5+ years of overall experience in internal audit/control testing, public accounting, or other relevant experience with processes and control testing

Bachelor’s Degree in Finance, Accounting or related study; advanced degree (Master’s Degree, MBA, JD) is a plus

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

Excellent communication skills (both oral and written)

Working knowledge of SEC rules and regulations and of Freddie Mac’s business areas and/or the Federal Housing Finance Agency (FHFA) is helpful

CIA/CISA Certifications are a plus

Keys to Success in this Role:

Quickly understand legal and regulatory framework and key legal obligations

Conduct 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

Form strong relationships with key 1LOD and 2LOD partners

Seek opportunities to support the team outside of directed assignments

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 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 $96,000 - $144,000 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.

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