Freddie Mac Risk & Controls Sr in McLean, Virginia
McLean, VA 3
Full Time/Part Time:
The Multifamily division of Freddie Mac is searching for a Fraud/Anti-Money Laundering Senior to join the Risk & Controls group. The successful candidate will use strong investigation and project management skills to support the management and assessment of Multifamily Financial Fraud operational risk, including engagement with other Freddie Mac lines of business to ensure Multifamily is compliant with the Enterprise Policy on (1) Anti-Money Laundering (AML) and the Office of Foreign Assets Control (OFAC) federal regulation as determined by the US Treasury and (2) assessment and management of Financial Fraud.
The Hired Candidate will demonstrate the ability to:
Independently determine and develop an approach to fraud tips received; conduct initial investigation to assess validity of the tip
Analyze complex financial data, summarize results clearly and succinctly; present findings to management
Perform leadership role. Interact with internal business partners, senior management and other personnel on matters frequently requiring coordination across organizational lines.
Have high ethical integrity; manage highly confidential information
Responsibilities will include:
Provide initial assessment and prioritization of fraud tips received, recommend investigative steps to the Multifamily Fraud Director.
Conduct independent investigations on a timely basis, leveraging internal and external information; ability to obtain and clearly present the facts, assess risk to Freddie Mac
Understand critical processes and functions within each department within the Multifamily business line, formulate anti-fraud strategies for each department
Partner with Multifamily business process owners and other corporate divisions (2nd Line of Defense and Legal) to prevent, detect, investigate, and resolve fraud related activity
Work with Multifamily business process owners and other internal business partners to evaluate the effectiveness of the MF Division fraud program.
Recommend resolutions to an extensive range of complicated problems.
Assist the MF Fraud Director with preparation of materials and logistics of mandatory annual Fraud/AML training for the MF Division
Maintain the MultiFamily Fraud/AML risk assessment
Work Location Zip Code:
Typically has 5-7 years of experience in operational risk management; with 3-5 years of experience in financial crimes investigations
2+ years of related experience with the Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) or Know Your Customer (KYC) programs
2+ years of related experience with OFAC regulation, including clearing potential matches against the OFAC SDN watch list
Bachelors Degree and/or equivalent experience
Demonstrated investigative fieldwork skills
Strong data analytic skills; preferably with commercial loan products or other financial instruments
Experience with financial data analysis: identify patterns, inconsistencies, and unexpected results; facilitate root cause analysis
Intermediate to advanced Microsoft Office skills (including Excel V-lookups, pivot tables, complex filtering of data, generate graphic report of results and Visio, PowerPoint)
Excellent communication skills (verbal and written)
Work Location City:
Risk & Controls - Fraud/Anti-Money Laundering Senior
Degree in Finance or Accounting
CAMS, CFE or similar certification
Understanding of Risk Management methodologies
Proven experience operating at high standards of quality and accuracy within required timeframes
Refined verbal and written communication skills; capable of succinctly presenting complex subject matter
Prior mortgage industry experience, preferably in commercial lending operating practices
Ability to work under limited direction; independently determines and develops an approach to obtaining information to make an assessment of suspicious activity
Ability to work well in team settings
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others. Freddie Mac is an equal opportunity and top diversity employer. EOE, M/F/D/V.
Work Location State:
Multifamily & Commercial Real Estate