Division of Enterprise Risk Oversight
At Freddie Mac, you’ll play a key role in our nation’s economy as you make home possible. A vital
component in the secondary mortgage market, Freddie Mac has made home ownership and rental
housing more accessible and affordable for over 50 million families across America.
For college students with the drive and determination to succeed, Freddie Mac offers an unbelievable
opportunity to take on interesting challenges that will help you create a lasting career with tremendous
impact. You’ll also be a part of our noble mission to make homes more affordable – thereby, touching
the lives of people across the nation. In order to achieve that mission, we must be the best. This means
we need the best enterprise risk management practices, and above all, we need the best people. That’s
where you come in.
“Immediately part of our team…” “A chance for you to look at us…”
The work you’ll be doing as an intern with our Freddie Mac is a dynamic organization, always
Enterprise Risk Oversight (ERO) division is high- growing and changing in response to the
proﬁle, high-stakes and highly rewarding. You’ll economy. Our internship program is a chance
collaborate with some of the brightest ﬁnancial not only for us to look at you, but also for you to
minds in the industry, developing your knowledge take a look at us and determine whether or not
of capital markets and risk management discipline, this is the place where you’d like to launch your
including credit risk, market risk and operational career. After graduation, you may decide to join
risk. Working closely with senior members of our our Analyst Associate Program, where even more
team, interns have completed research pertaining opportunities for career growth and development
to capital markets and debt investor proﬁles, await you.
analyzed ﬁnancial counterparties, rating them
using quantitative risk assessment and internal “Unbelievable opportunities to give
scoring models, enhanced the operational risk back…”
management tools for the company, researched
market benchmarks for operational risk capital, Our vision of making home possible can be seen
researched market risk exposures, modeled not only in the work we do every day, but also in
advanced ﬁxed income securities, and developed the work we do in the community. You’ll be able
an understanding of the risk attributes that drive to participate in a variety of volunteer activities
mortgage credit losses and credit risk management through the Freddie Mac Foundation, which
decisions by data mining, mortgage industry partners with Habitat for Humanity, local shelters
research, and preparing reports and analysis for and other charities to make sure our mission is
presentation and supporting the development of an always our primary focus.
automated credit risk analytical system.
The candidates we seek must…
“Roll up your sleeves and get • Be in pursuit of a bachelor’s degree in
working…” accounting, ﬁnance, economics, quantitative
ﬁnance, mathematics, statistics or a related ﬁeld.
This isn’t your average internship. Filing and making
coffee will not fall within your job description. You’ll • Have incredible quantitative and analytical skills.
be a critical member of our team, getting the kind • Be interested in a demanding and stimulating
of experience you’ll need to make a real career for career in risk management, including market,
yourself after graduation. credit and operational.
Enterprise Risk Management is a relatively small • Have strong verbal and written skills.
group. You will have opportunities to meet with • Have a 3.2 GPA or higher.
and discuss your work with senior ofﬁcers in • Be a rising senior, available to begin full-time
the division. Those who have gone through this employment on May 26, 2009. The intern
program in the past did better in school as a result. program lasts 11 weeks and will end on August
They learned on the job and felt better prepared to 7, 2009.
tackle whatever challenges came their way.
The hired candidate must be legally authorized to
“Doing the right things for the right work in the United States without an employer-
reasons…” sponsored petition for a visa, such as an H-1B
Along with the amazing opportunities you’ll have Visa. Freddie Mac does not intend to ﬁle any visa
to grow and develop your skills, you’ll be part of applications in connection with this opening.
an ofﬁce environment that combines the best of
business with the spirit of academia. The people Freddie Mac is an equal opportunity employer
here are focused on achieving their goals, but they who ﬁrmly supports and recognizes the value of
believe in helping each other in the process. You’ll diversity.
always be learning, and you’ll be supported every
step along the way.
To apply, visit
careers with impact