Senior Lead - Enterprise Portfolio Credit Risk

Responsibilities

• Senior Lead- Portfolio Credit Risk, an influential leader at Freddie Mac, you will:
• Conduct Model and Deterministic Quantitative Methods (DQM) use assessments for new and existing models/DQMs, including material changes, to ensure they are appropriately designed and applied in risk management activities.
• Build strong partnerships with Single-Family counterparts and across Enterprise Risk
• Evaluate, test, and enhance macroeconomic and credit models; develop and recommend new approaches to improve forecast accuracy and risk insights over time
• Monitor Key Risk Indicators (KRIs) and other risk metrics to assess credit risk exposure; set quantitative thresholds and perform trend analysis to identify emerging risks
• Perform quantitative analysis and modeling to assess portfolio risk exposure
• Conduct independent risk assessments and issue effective challenge as part of monitoring activities, including deep-dive reviews of high-risk segments and pipeline risk analysis
• Evaluate new initiatives and significant changes to assess credit risk
• Perform quantitative analysis on diverse portfolio issues, including asset liquidation strategies and methodology changes
• Review corporate credit policies and maintain departmental policies and procedures.
• Monitor industry and sector trends and emerging regulatory developments to inform portfolio credit risk management activities

Requirements

• 10 years of experience in a combination of leadership roles in risk management and credit loss forecasting, or related functions within a large, complex financial institution.
• Quantitative degree preferred in finance, economics, mathematics, statistics, or related field; Master's degree or professional certifications (e.g., FRM, CFA) a plus
• Ability to understand macroeconomic and credit forecast models stress testing methodologies and credit risk management practices
• Familiarity with relevant regulatory requirements, including CCAR/DFAST and Basel standards
• Expertise in mortgage and fixed income products, model loss estimation, and loss forecasting
• Understanding of uncertainties and limitations of mode

Benefits

Additional Information

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: This role sits at the center of Freddie Mac's enterprise financial risk oversight, shaping how the company anticipates, measures, and manages Single-Family credit risk across the economic cycle. You will translate macroeconomic and market signals into actionable credit loss forecasts and stress-test insights, informing risk appetite, and capital resilience under both internal scenarios and regulatory frameworks (e.g., DFAST). As an independent risk leader, you'll provide effective challenge to models and deterministic quantitative methods, strengthen governance and use standards, and continuously enhance forecasting and portfolio risk analytics. You'll partner closely across Enterprise Risk, Model Risk and the business to monitor key risk indicators, identify emerging risks early, assess new initiatives and policy changes, and evaluate portfolio strategies such as loss mitigation and liquidation approaches. The position offers high visibility, meaningful influence on enterprise outcomes, and the opportunity to innovate in risk analytics, model governance, and data-driven oversight while developing and leading talent in a fast-paced, mission-critical environment. Our Impact: The Financial Risk team within the Enterprise Risk Division is responsible for oversight and effective challenge of the company's most important risks, including credit, market, and liquidity risks. Together, we: Establish governance, policies, and standards that define how the company manages financial risks to support safety and soundness Monitor and report on the risk and control profile, financial risk appetite, and performance of risk indicators and metrics against thresholds and limits Communicate enterprise-wide risk management issues and emerging risks and monitor effective and timely issue resolution Provide timely and independent oversight and effective challenge of the company's financial risk management practices and risk-taking activities Assess risk to earnings and capital across a range of scenarios Execute an integrated oversight plan in collaboration with Operational Risk and Compliance to support the Chief Risk Officer in providing senior management and the Board with an enterprise view of risks

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