Investment & Capital Markets Program Management Director (Hybrid - 3 Days in Office), Freddie Mac, Mc Lean, VA
Freddie Mac -
Mc Lean, VA,
US
Investment & Capital Markets Program Management Director (Hybrid - 3 Days in Office)
Date Posted: 2024-06-26
Job description
At Freddie Mac, you will do important work to build a better housing finance system and you ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation. Position Overview:The Program Management Director will be responsible for leading strategic initiatives across the Investment & Capital Markets (I&CM) division s portfolio of technology investments, specifically covering the assets and/or use cases supporting the I&CM teams including, but not limited to: Asset Liability Management, Cash Window, Finance, Accounting, and Counterparty Credit Risk Management. They will be responsible for partnering with key stakeholders and application development lead(s) to deliver software, including managing through the development lifecycle and managing technology risk and controls. The business use case and supporting software coverage can range from Pre-Trade analytics, Trade Capture, P&L Reporting, Risk and Model Analytics, and Scenario Analysis. The I&CM Program Management Director will also lead engagement with the I&CM key stakeholders and users to proactively inform them of upcoming changes and deliveries to the application platform; formulate new development, manage the development book of work; and report progress, budgeting, and resource deployments to senior management. Our Impact:The I&CM division is responsible for executing liquidity, financing, credit risk transfer, and derivative transactions as well as managing Freddie Mac s portfolio of single-family securities and loan investments in the retained portfolio. The division also leads certain enterprise-level functions related to financial / capital /risk forecasting, model governance, payments, counterparty risk and third-party risk. I&CM s Enterprise Forecasting Team is responsible for the development of a forecasting engine that forecasts every loan, security, and significant accounting event for the firm, including the resulting risk and capital positions. This shared service supports nearly every risk decision in the firm, including automated underwriting, distressed loan decisioning, the profitability and risk of capital market decisions, the evaluation of credit and counterparty risks, related accounting disclosures, and capital strategy. Your Impact:Program Managers drive execution by facilitating transparency and governance of our portfolio of strategic investments (applications and programs). Program Managers must drive the information dissemination within a given project or application SDLC, being able to articulate both broad scope and purposes and very detailed requirements and specifications. Know the business anticipate and ensure business service-oriented engagement and experience-driven operating models; not necessarily taking implementation direction from the business but collaborate with development teams to deliver the destination experience while supporting good design. Drive unambiguous communication with business stakeholders, development, and program management teams driving clarity in expectations, specifications, documentation, business or technical impacts, and value-add of the application. Develop sustainable operating models and how they evolve with the maturation of applications/platforms and processes. Sustain staffing and resourcing, day-to-day services provided by the application and how they improve the way we do business. Contribute individually while managing the contributions of staff program managers, technology leads, and stakeholder leads. Experience opportunities through time to expand to cover multiple applications and programs within ICM BTO and the enterprise. Qualifications:10-12 years of relevant experience Written and communication skills ranging from detailed specifications and documentations to writing meaningful grounded content for senior management Strong emotional intelligence (EQ), sense of humor, positive outlook, and integrity a must Ability to work in a dynamic, rapidly changing business environment and lead multiple projects and tasks Results-oriented, creative, and forward-thinking problem-solver with a can-do attitude and ability to deliver business value quickly and with qualityBusiness domain specialty in financial market instruments (e.g. mortgages, securities, derivatives, primary markets, secondary markets, hedging) Business domain specialty in financial market disciplines (e.g. Trading, Finance, Accounting, Middle Office, Credit Risk, Market Risk, Liquidity Risk, Asset Liability Management,), Business domain specialty in financial technology (e.g. models, analytics/metrics/stress testing frameworks, data and database management, user interface / user experience, dev/ops). Keys to Success in this Role:Very strong attention to detail, ability to manage process, and follow through on tasks, with significant organizational, and time management skills Ability to collaborate with senior developers on: (1) preparation of content for usage in stakeholder communications and planning; (2) curation of the pipeline/backlog of development to meet milestones; (3) identification and specification solutions to technical debt; (4) coordination of end-to-end platform or workflow integrations; (5) confirmation of testing validations, pre and post development; (6) coordination user testing and sign-offsAbility to effectively manage stakeholders; solicit and challenge requirements; and partner with other areas to create an effective organization and culture around transactions and model analyticsExcellent writing and communication skills for detailed specifications; ability to contribute detailed visual (diagram) content; ability to communicate project/program/sprint activities and expectations to junior/mid-level users/stakeholders and program management directors and senior developersAbility to work effectively with continuous change, managing context switches and adapt levels of effort to be in line with priority updates Participation in the coaching, professional development of BTO peers, junior team members and cross-divisional teams, as needed Risk and controls delegate: drive risk and control mindset through software lifecycle and end-to-end integration into provider and user processes. Curious disposition: keenness to understand business processes and pain points; sympathetic approach to stakeholder/user experiences; comprehension of end-to-end technology solutions and interconnectivity to user processes; maintain awareness of industry solutions and trends. Practically focused: innovation driven with cost-benefit analysis and quality-of-productivity mindfulnessAbility to stress-test a given program, solution, or workflow to the dimensions of growth, scale, and frequency; identify assumptions and vulnerabilities, escalate when appropriate Ability to work constructively with those doing systems development, while understanding the impact of technology decisions, and making informed decisions on trade-offs.Current Freddie Mac employees please apply through the internal career site.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.We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities 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.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 timeFLSA Status:ExemptFreddie 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 $194,000 - $290,000 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.Job SummaryJob number: JR13011Date posted : 2024-05-23Profession: TechnologyEmployment type: Full time