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Operational Risk Management, Senior (Policy Governance)

Freddie Mac
Freddie Mac Salary
Mc Lean, VA Full Time
POSTED ON 12/16/2025
AVAILABLE BEFORE 2/15/2026

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:

Are you excited by the chance to create an impact and work in a fast-paced, dynamic, and agile environment? Do you have experience in policy governance, other non-financial risk activities, and strong analytical and communication skills? Are you inquisitive, detailed, and passionate about learning? If so, please apply to the Enterprise Business Risk and Control Senior role. Apply now and learn support our mission of #makinghomepossible!

Our Impact:
The Enterprise Business Risk & Control Office is a new function at Freddie Mac responsible for facilitating efficient, effective, and consistent management of non-financial risks across Freddie Mac’s first-line divisions. The centralized policy standards governance team within this function is responsible for facilitating policy reviews among stakeholders across the firm and coordinating related first line activities in the policy development lifecycle.

Your Impact:

As a proactive and independent individual contributor, your work will fall into these primary categories:

  • Supporting the first line review process for corporate policies and standards
  • Developing and maintaining procedures to enforce adherence to the established process for the policy and standard review
  • Developing and maintaining an accurate and complete inventory of policies and standards to facilitate timely and efficient review and update
  • Developing and executing management reporting related to policy standard reviews
  • Actively monitoring changes to industry best practices for large financial institutions and identifying needed updates to policies, standards, and procedures
  • Partnering with appropriate groups within the first line to develop and implement effective strategies efficient and effective policy and standard governance


Qualifications:

  • 5 - 7 years of overall relevant experience
  • Bachelor’s degree or equivalent work experience
  • Experience developing and maintaining governance processes and procedures
  • Excellent written and verbal communication skills
  • Strong proficiency in Microsoft Office Suite (Excel, PowerPoint, Word, Outlook)

Keys to Success in this Role:

  • Self-motivated and results-oriented mindset
  • Analytical thinker with the ability to collaborate effectively, challenge status quo and drive change
  • Detail oriented with the ability to think holistically and creatively
  • Ability to work in a dynamic, rapidly changing business environment
  • Produce high-quality work products
  • Passionate about learning
  • Team player with excellent work ethics and a positive, can-do attitude
  • Ability to develop effective relationships across the firm
  • Strong critical thinking skills

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: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.

Salary : $96,000 - $144,000

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