Assistant General Counsel

3 days 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 someone who loves sophisticated transactions and legal issues involving mortgage insurance and risk mitigation strategies? Do you want your work to be meaningful and make an impact in the housing industry? We are looking for an analytical and detail-oriented attorney to participate the analysis, drafting and negotiation of mortgage insurance policies, matters and transactions, as well as experience with counterparty credit risk management and document custody issues. In that context, the Single-Family Real Estate Department in the Legal Division of Freddie Mac is seeking a motivated and client-focused attorney to join its legal staff.

Apply to learn more about our excellent benefits and why there's #moreatfreddiemac

Our Impact:

The attorney will be part of the single-family mortgage operations and technology group, primarily working with the mortgage insurance and counterparty credit risk business areas, and providing counsel related to mortgage insurance, document custody and risk mitigation and related matters. This group is part of the SF Real Estate Department in the company's Legal Division, which provides all-around legal support and advice to the Single Family Business area of the company, covering all aspects of residential mortgage underwriting, purchase, delivery, servicing and risk mitigation.

Your Impact:
  • Advisory support to internal clients regarding mortgage insurance transactions and policy framework
  • Counsel internal clients related to counterparty risk issues, including eligibility standards, risk mitigation strategies, and counterparty monitoring
  • Understand Freddie Mac's Single-Family Seller/Servicer Guide (including knowledge of representations, warranties, covenants and legal remedies)
Qualifications:
  • 5 or more years of relevant sophisticated legal experience, either in-house with a bank, mortgage company or real estate company, or with a law firm
  • Juris Doctor (JD) degree; membership in good standing in a state Bar
  • Excellent analytical, strategic, legal research, writing and advocacy skills
  • Ability to effectively manage numerous issues across multiple areas and to set priorities independently
Keys to Success in this Role:
  • Outstanding oral and written communications skills
  • Ability to build and maintain strong collaborative relationships with colleagues and clients
  • Partnership – Build trust and positive relationships through individual and team actions
  • Client Focus – Personally engage with internal clients to understand their needs
  • Drive for Execution – Be accountable for strong individual and team performance

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 $170,000 to $254,000 and is eligible to participate in the annual incentive program.



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