Counterparty Risk Management Specialist
Freddie Mac, Mc Lean, VA, United States
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. Continue your career journey where your work contributes to a greater purpose.
Position Overview
This position supports the ongoing measurement, monitoring, and management of counterparty credit risk across multiple portfolios. The role works closely with ALM, Cash Window, Retained Portfolio, and other trading desks to ensure counterparty exposures remain within approved limits and risk appetite. The position offers deep exposure to counterparty risk modeling and regulatory capital frameworks, a strong foundation for growth within the capital markets space, and opportunities to influence business decision‑making. Our Impact
Act as primary user and model business owner for counterparty exposure models, including both stochastic and deterministic methodologies Support model change management, including development of business requirements (often to support new business initiatives), coordination with technology partners, and execution of user acceptance testing Develop and maintain a working understanding of ICM technology and data infrastructure relevant to counterparty exposure, stress testing, and capital calculations Provide ad hoc analysis and support to senior management, ERM, and Trading, among other business stakeholders as needed Your Impact
Perform daily counterparty exposure calculations and monitor compliance with approved counterparty limits Execute periodic stress testing, including regulatory and internal scenarios, and support related reporting Support regulatory capital calculations and methodologies related to counterparty credit risk Qualifications
2–5 years of relevant professional experience in risk management, quantitative analysis, finance, or a related discipline Strong analytical, problem‑solving, and quantitative skills Advanced Microsoft Excel skills required Keys to Success Demonstrated written and verbal communication skills, with the ability to communicate technical concepts clearly to different audiences Ability to manage multiple priorities and perform effectively in a fast‑paced environment Experience with SQL and Python strongly preferred Experience with or strong interest in artificial intelligence / generative AI tools and techniques strongly preferred 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. 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 $96,000 - $144,000 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. #J-18808-Ljbffr
This position supports the ongoing measurement, monitoring, and management of counterparty credit risk across multiple portfolios. The role works closely with ALM, Cash Window, Retained Portfolio, and other trading desks to ensure counterparty exposures remain within approved limits and risk appetite. The position offers deep exposure to counterparty risk modeling and regulatory capital frameworks, a strong foundation for growth within the capital markets space, and opportunities to influence business decision‑making. Our Impact
Act as primary user and model business owner for counterparty exposure models, including both stochastic and deterministic methodologies Support model change management, including development of business requirements (often to support new business initiatives), coordination with technology partners, and execution of user acceptance testing Develop and maintain a working understanding of ICM technology and data infrastructure relevant to counterparty exposure, stress testing, and capital calculations Provide ad hoc analysis and support to senior management, ERM, and Trading, among other business stakeholders as needed Your Impact
Perform daily counterparty exposure calculations and monitor compliance with approved counterparty limits Execute periodic stress testing, including regulatory and internal scenarios, and support related reporting Support regulatory capital calculations and methodologies related to counterparty credit risk Qualifications
2–5 years of relevant professional experience in risk management, quantitative analysis, finance, or a related discipline Strong analytical, problem‑solving, and quantitative skills Advanced Microsoft Excel skills required Keys to Success Demonstrated written and verbal communication skills, with the ability to communicate technical concepts clearly to different audiences Ability to manage multiple priorities and perform effectively in a fast‑paced environment Experience with SQL and Python strongly preferred Experience with or strong interest in artificial intelligence / generative AI tools and techniques strongly preferred 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. 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 $96,000 - $144,000 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. #J-18808-Ljbffr