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Chief Product Owner

2 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:

Do you have passion for understanding customer needs and leveraging technology to deliver value? Do you thrive in a fast-paced and rapidly changing environment? Do you enjoy working with a team of varying abilities to collectively discover new opportunities to delight customers? If so, a role on the Automated Underwriting and Risk Assessment Modern Delivery team could be a fit for you.

The Chief Product Owner (CPO) – Director role will be part of the Automated Underwriting and Risk Assessment (AURA) Portfolio within the Single Family line of business helping to transform the way in which Freddie Mac does business. The overall AURA Portfolio supports, through technology-based offerings and products, lenders origination and closing processes. Apply now and learn about our excellent benefits and why there's #MoreAtFreddieMac

Our Impact:

The CPO sets the vision and roadmap across multiple Agile teams within a scaled Agile framework to deliver value. They identify the market/customer needs and return on investment and are accountable for product decisions that drive the flow of work for the Income, Property and Asset Program. This includes Freddie Mac's Asset and Income Modeler (AIM) offerings, as well as collateral features such as Automated Collateral Evaluation (ACE) and Condo Project Advisor.

Your Impact:
  • Prioritizes epic backlog by assessing business & customer value through input from all lead roles and partners
  • Engages inclusively by helping team(s) and the broader organization build and sustain culture of safe and open sharing among different perspectives and people
  • Leads by influencing and supporting others, rather than commanding, across a set of diverse network of relationships built on trust
  • Manage partners; ability to influence others and move toward a common vision or goal
  • Identifies and assists quantifying opportunities to drive efficiencies and automate processes, as well as ensure complete, accurate, and up-to-date depiction of processes
  • Proposes new and innovative ideas within complex products and/or across teams to improve the product, showing curiosity to learn about new insights
  • Empowers team(s) to take ownership of product-related problem-solving and provides cross-team support
  • Develop and communicate the program vision and roadmap to teams and partners
  • Understand and advocate for customers to enable optimal outcomes
  • Establishes and strengthens direct relationships with Business Stakeholders in partner organizations including Single Family Risk, Customer and Partner Delivery, Single Family Models and Analytics and Single Family Operations
Qualifications:
  • College Degree or equivalent experience
  • Typically has 12+ years Mortgage related experience and 4+ years management experience
  • Understanding of mortgage origination process, with knowledge of related technology products a plus.
  • Prior experience in a Product Management role with demonstrated examples of delivery
  • Strong business judgment and decision-making skills; ability to identify, prioritize, and articulate the highest impact initiatives
  • Excellent communication skills, with ability to present sophisticated ideas in a clear, concise fashion to technical and non-technical audiences at all levels.
  • Must possess strong organizational skills and pay close attention to detail
  • Proven understanding of current technologies with the ability to develop and deliver projects using leading edge technologies
  • Understanding of agile development and continuous deployment practices. Understanding of scaled agile, (SAFe) release, increments.
  • Strong organization and time management skills. Operates independently with minimal guidance
  • Proven analytical skills with the ability to measure the velocity, capacity, and value of teams' contributions
  • Very high level of social skills to work effectively with others, motivate employees, and elicit work output in a team environment
Keys to Success in this Role:
  • Demonstrated leadership experience with product development
  • Passion for driving value to customers and excitement for modern digital processes and delivery
  • Outstanding interpersonal, technical, and organizational skills
  • Must be a great teammate and able to work collectively
  • Ability to coach and lead a team as well as partners and matrixed teams

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:AdministrationFLSA Status:Exempt

The anticipated annualized base salary range for this position is $183,000 to $275,000 and is eligible to participate in the annual incentive program.