Associate General Counsel
2 weeks ago
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.
**Position Overview**:
The Single-Family Real Estate Department in the Freddie Mac Legal Division is seeking a collaborative, team focused, transactional attorney with experience advising on finance, general corporate, and cyber-related issues to join its legal staff as Associate General Counsel. The attorney will support the single-family mortgage acquisition and servicing portfolio business division activities of Freddie Mac, including contract negotiations and drafting, written communications to the industry, internal and external training activities, quality control and risk management matters.
**Our Impact**:
Attorneys in the Single-Family Real Estate Department of Freddie Mac’s Legal Division are key advisors to our business colleagues in the development and implementation of internal policies that support affordable and sustainable housing, as well as liquidity in the residential mortgage market.
**Your Impact**:
The Legal Division is committed to providing quality and timely advice and representation responsive to client needs on a variety of matters affecting Freddie Mac. As an Associate General Counsel in the Single-Family Real Estate Department, you will:
- Collaborate with FHFA (the Federal Housing Finance Agency) our regulator/conservator regarding approval of proposed initiatives, and responses to examinations and findings requiring corrective actions
- Advise internal clients on Seller/Servicer mergers and acquisitions, cessation of business, resolution of obligations, and related transfers of servicing
- Structure, negotiate and document non-bank Seller/Servicer financings secured by servicing contract rights
- Advise internal clients on cyber incidents and privacy incidents
- Participate in the development and drafting of innovative homeowner affordability and sustainability initiatives such as HeritageOne, HomeRestore and second lien mortgages
- Advise internal clients regarding antitrust compliance
**Qualifications**:
- Juris Doctor (JD) degree; membership in good standing in a state Bar
- 10+ years of relevant sophisticated mortgage-related experience, either in-house with a bank or mortgage company, or in private practice with a law firm
- Substantive expertise and experience advising on mergers, acquisitions and conversions of entities, as well as corporate finance
- Familiarity with Freddie Mac Single-Family Seller/Servicer Guide
**Keys to Success in this Role**:
- Team focus with an ability to build and maintain strong collaborative and positive relationships with colleagues, clients, and our conservator/regulator
- High emotional intelligence
- Outstanding analytical, strategic, legal research, oral and written communication and advocacy skills
- Ability to effectively handle numerous issues across multiple areas and to set priorities independently
- Ability to adapt to change gracefully and shift priorities with ease
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.
Time-type:Full time
FLSA Status:Exempt
Freddie 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 $228,000 - $342,000 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.
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