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Associate General Counsel

3 months ago

Bloomington, Illinois, United States Freddie Mac Full time

At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Employees, contingent workers and visitors are no longer required to show proof of vaccination to be on-site. Effective January 2023, Freddie Mac's hybrid work arrangement is 3 days in the office (specifically Tuesday, Wednesday & Thursday).

Position Overview:

Are you an expert securities attorney looking for a rewarding and meaningful in-house practice? Do you want to make an impact in the U.S. housing industry at a mission-oriented institution and leader in the housing finance market? We are seeking a securities transactions attorney with outstanding substantive and analytical skills and experience in leading deals, supporting clients and negotiating with counterparties. We offer a uniquely sophisticated mortgage-related securities practice with good work-life balance and flexibility. Apply now and learn about our benefits and why there's #MoreAtFreddieMac

Our Impact:
  • The Mortgage Securities Department provides legal counsel and execution support for mortgage-related securitization programs and other securities-related transactions.
  • This includes Single-Family and Multifamily securities and support of related company and Federal Housing Finance Agency initiatives such as LIBOR transition, ESG and other equity initiatives, development of new products, the Single Security, and the Common Securitization Platform.
  • We are a private sector company with a public purpose that offers the flexibility and quality of life provided by a hybrid work environment.
Your Impact:
  • Serve as a trusted advisor to capital markets clients in securitization transactions and provide counsel on program improvements and innovations. Your advice will help craft company policies and operations and impact the industry in furtherance of Freddie Mac's mission.
  • Collaborate with peers, lead teams of outside counsel and internal legal professionals and interact on behalf of the company with regulators and professional organizations.
  • Lead the Legal team to bring to market sophisticated securitization offerings in partnership with various business units.
Qualifications:
  • Juris Doctor (JD) degree; membership in good standing in a state Bar and a minimum of eight years of legal experience.
  • Minimum of 10 years of related work experience.
  • Experience in securitization and capital markets transactions with a major law firm or corporate law department.
  • In-depth knowledge of federal securities laws and securities market practices.
  • Ability to lead and manage transactions, including drafting and negotiating transaction/disclosure documents in sophisticated residential and/or commercial mortgage-related securities transactions.
  • Understanding of legal and regulatory policy issues affecting the securities and MBS markets.
Keys to Success in this Role:
  • Subject-matter expertise and excellent technical and practical skills in leading the execution of sophisticated mortgage-backed securities transactions.
  • Creativity and problem-solving skills to effectively advise clients in collaboration with internal stakeholders and other legal experts.
  • Ability to understand business goals, processes and constraints and to collaborate effectively with clients and internal and external stakeholders.

Current Freddie Mac employees please apply through the internal career site.

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.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities 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.

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 and register with our referral code: MAC.

Time-type:Full timeJob Category:LegalFLSA Status:Exempt

The anticipated annualized base salary range for this position is $228,000 to $342,000 and is eligible to participate in the annual incentive program.