Compliance Oversight Analyst - Ethics and Financial Crimes
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:
Freddie Mac is seeking a Compliance Oversight Analyst, who will support our risk management and compliance efforts in relation to Bank Secrecy Act (BSA) Anti-Money Laundering (AML)/ Office of Foreign Assets Control (OFAC) regulations. The role involves assisting the manager in the QA oversight of the counterparty screening process. The analyst will collaborate with cross-functional teams to provide oversight on alert dispositions and assess remediation documents while also providing support to the enterprise as needed. This position is essential for ensuring the accuracy and effectiveness of ethics and financial crimes risk management processes.
Our Impact:
Enhance efficiency and effectiveness in oversight activities and the overall Compliance program.
Assist in providing data for management and regulatory reporting.
Contribute to standard metrics and reports, while exploring innovative methods for data analytics.
Support integration of Ethics and Financial Crimes data across applications for reporting and investigations.
Aid in maintaining the technology infrastructure supporting the Ethics and Financial Crimes Program.
Your Impact:
Assist in QA monitoring and oversight activities, challenging first-line processes and controls.
Review and audit counterparty screening processes and alert dispositions for accuracy.
Document procedures in compliance with FM’s Financial Crimes Risk Standard.
Support the business by mitigating AML/OFAC screening issues and conducting quality reviews.
Identify operational improvements and participate in special projects.
Qualifications:
Bachelor’s Degree in a related field and 2-4 years of related experience, preferred.
Experience with BSA/Anti-Money Laundering and OFAC requirements, preferably within a first line of defense.
Ability to think critically and solve problems creatively.
Experience with QA/QC activities.
Knowledge in Financial Crimes, Compliance, or Risk Management fields, preferred
Keys to Success in this Role:
Self-motivated, proactive team player with a flexible, positive attitude.
Ability to communicate QA/QC deficiencies empathetically and collaborate with divisions for process enhancements.
Strong listening skills in a collaborative setting with a focus on problem-solving and achieving results.
Ability to work independently and as part of a team to meet deadlines and deliver high-quality work.
Engage with internal business partners and senior management on coordination across business lines.
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 timeFLSA Status:Non-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 $74,000 - $112,000 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.
