Freddie Mac
The Consumer Protection Compliance Director is responsible for oversight of Freddie Mac’s consumer protection risk arising from mortgage loan acquisition and servicing activities across the enterprise.
You will provide expertise and guidance on regulatory compliance risk management, assesses compliance risks, advise on the development of, and evaluate the design of compliance controls, and design and execute the related compliance program.
The position may also have responsibilities related to charter risk and conservator compliance risk.
To learn more, please apply Your work falls into the two main categories: Regulatory Compliance Risk Management & Oversight Work with the business to establish and oversee effectiveness of risk mitigation activities and controls for borrower protection and other regulatory compliance Collaborate with testing and monitoring personnel to design and execute a risk-based oversight program Collaborate with risk leads across the Enterprise Risk Management Division to coordinate oversight of the Single-Family and Multifamily Divisions Collaborate with risk framework personnel in the business, oversight groups and Internal Audit to design and execute a compliance oversight program under a common risk management framework Assess compliance risk associated with new or changed consumer protection laws and regulations and support implementation of new or updated controls and training programs Support root cause analysis in response to material control failures in LOB Assess, develop and provide consumer protection compliance training to meet individual business unit and corporate needs Assess compliance risk and lead all aspects of self-assessments of compliance risk by the business Leadership Provide vision, strategy, and direction with respect to Freddie Mac’s Consumer Protection 2LoD Compliance Program Advise on remediation of compliance deficiencies identified through risk-assessments, compliance monitoring, compliance assurance testing, Internal Audits and regulatory examinations Develop and maintain a high level of expertise in Freddie Mac’s Charter, all consumer protection regulations, including, among others, TILA, FCRA, ECOA, RESPA and directives and guidance issued by Freddie Mac’s regulator Qualifications Qualifications 12 plus years’ experience in consumer protection compliance with extensive experience in mortgages and 4 years of management experience.
Bachelor’s degree required.
Demonstrated subject matter expertise in consumer protection laws, examination standards, supervisory expectations, and industry best practices Experience with risk-based compliance programs within a three-lines-of-defense risk management framework Recognized compliance certification or equivalent a plus Keys To Success in This Role: Ability to connect dots in terms of associated risks Ability to lead and bring the best in team Natural communicator with the ability to influence Ability to think critically, analyze problems and develop creative and practical solutions Self-starter, motivated, proactive, hardworking and fast learner, accustomed to working efficiently in a changing environment Preferred Skills Preferred Skills 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.