Senior Director – Financial Crimes Compliance Governance, Controls and Risk Assessment (Hybrid - 3 days in Office - VA)
Freddie Mac
- McLean, VA
- Permanent
- Full-time
- Coordinate and ensure visibility with Business Divisions in the 1st Line of Defense to ensure efficient and effective adoption of the new framework pillars
- Continuously improve and coordinate an integrated framework of processes and controls across Freddie Mac to promote compliance with relevant regulatory requirements as well as corporate policies
- Manage relationships and compliance examinations of fraud, Anti-Money Laundering and Sanctions with FHFA, as Freddie Mac’s Conservator and Regulator
- Advise & collaborate with business units and enterprise divisions (to include Divisional Risk Officers, Enterprise Risk Officers, Legal, and Internal Audit) on establishing appropriate comprehensive, current and well documented policies & procedures that pertain to regulatory compliance
- Advise and build out our compliance risk management program for Financial Crimes regulations in alignment with the framework pillars - I) Risk Identification, II) Risk Assessment, III) Monitoring/Testing/Controls, IV) Issues Management, V) Reporting, and VI) Risk Appetite. This includes maturing and maintaining governance practices; tracking issues and events; establishing and maturing KRI and KPI metrics; convening and directing governance forums with the first line divisions.
- Direct the compliance risk management oversight activities, including advising the business, designing monitoring activities and contributing to testing over Financial Crimes.
- As part of the Financial Compliance team, collaboratively lead compliance through, among other things, strategic planning, talent assessment and development, and clear and transparent communications to Compliance staff.
- Ensure appropriate compliance policies, procedures and training exist that address regulatory and risk management requirements for Financial Crimes.
- Continuously improve and maintain compliance program consistent with the compliance risk management framework and industry practice including.
- Effective challenge of compliance risk activities.
- Supervise issues and remediation plans pursuant to enterprise risk framework standards
- Identify, measure, and report on risks to management and the Chief Compliance Officer.
- Minimum 15+ years relevant compliance-related functional experience
- Minimum 5+ years leading risk management functions within large sophisticated financial organizations
- Proven success participating in the growth of a 3 lines of defense framework
- Strong team management and leadership
- Previous Financial Crimes leadership experience at a large sophisticated financial organization preferred
- Proven understanding of applicable regulatory framework in the risk management and mortgage markets
- Ability to influence and empower others
- Excellent oral and written communication
- High ethical standards, excellent judgment, sense of personal initiative, ability to interact constructively with colleagues at all levels of the organization