Multifamily Financial Crimes Associate

Freddie Mac

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:

The Technology & Operational Risk department within the Multifamily division is seeking a proactive and detail-oriented Multifamily Financial Crimes Associate. This pivotal role focuses on the prevention, detection, and investigation of suspicious activities in the origination and ongoing monitoring of Multifamily loans. The position requires seamless collaboration across the Multifamily Division to ensure compliance with financial crimes regulations and laws. Reporting to the Multifamily Financial Crimes Investigations Senior Manager, the Associate will be an integral part of the team responsible for overseeing a diverse range of tasks for our complex, rapidly growing multifamily loan portfolio. The position requires close collaboration across the Multifamily Division, Single Family Division, and Enterprise Risk Management to ensure adherence to financial crimes regulations and laws.

The Associate will be part of the Financial Crimes Investigations Team, responsible for oversight of a wide range of tasks for our complex, rapidly growing multifamily loan portfolio.

Our Impact:

  • Freddie Mac Multifamily finances rental housing to ensure a plentiful supply of affordable housing across the nation. We provide mortgage funding for apartment loans and subsequently securitize them, supporting various communities, including students and working families.
  • We lead strategic execution by collaborating with Multifamily business leaders to develop tools and solutions that further our mission.
  • Leveraging extensive data assets and risk management capabilities, we aim to expand our mission of providing affordable housing.
  • We foster an inclusive environment that promotes active engagement, intellectual curiosity, and skill development, empowering a dynamic workforce.

Your Impact:

  • Conduct independent investigations with urgency and thoroughness, gather internal and external information, analyze data and identify risks ensuring precise documentation and effectively communicate findings and recommendations to leadership.
  • Collaborate with business process owners and internal stakeholders to prevent, detect, investigate, and resolve fraud-related activities.
  • Explore and implement process improvements, including leveraging new technologies and methodologies to enhance workflow efficiency and effectiveness.
  • Independently tackle complex problems, recommending effective resolutions.
  • Contribute to FHFA reporting and inquiries with an organized and strategic approach.
  • Participate in the creation and delivery of training materials and presentations, sharing knowledge on investigative processes, red flags, and compliance measures.
  • Work independently on ad hoc projects as needed, demonstrating flexibility and adaptability to meet evolving team requirements.
  • Work within established processes to prioritize tasks and achieve successful outcomes across multiple assignments concurrently.

Qualifications:

  • Bachelor’s degree in Finance or Business Administration, or a related field; equivalent experience may be considered
  • 1-2 years of experience in the mortgage industry, with a strong focus on multifamily properties, demonstrating an understanding of their operations and financial dynamics. Experience in financial crimes is a plus.
  • Strong analytical skills in financial data analysis; adept at identifying patterns and inconsistencies and performing root cause analysis.
  • Proficiency in Microsoft Word, PowerPoint, and Excel (including V-lookups, pivot tables, and data filtering).
  • Effective verbal and written communication skills.

Keys to Success in this Role:

  • Strong organizational skills and attention to detail.
  • Results-oriented, capable of conducting thorough investigations and developing effective solutions independently.
  • Adept in analyzing complex financial data and summarizing findings clearly.
  • Ability to develop and maintain trusting relationships with internal partners, senior leaders, and colleagues involved in cross-functional projects.
  • Discretion in handling sensitive information, preserving confidentiality.
  • Proactive, forward-thinking, and intellectually curious.

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:Non-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 $86,000 - $128,000 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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Confirmed 7 hours ago. Posted a day ago.

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