Is it hard to get a job at Freddie Mac?

Yes, it is hard to get a job at Freddie Mac. Freddie Mac has locations across the United States and has a number of fully remote positions available.

While the hiring process is typical, the salary ranges for most positions are in the top tier making the hiring pool very competitive. Applicants will also be required to pass a drug test and background check.

The background check process at Freddie Mac is extensive due to the nature of the financial industry. Most background checks take approximately one month to complete. Background checks will look at:

• Criminal background

• SSN trace

• Address locator

• Consent-based SS verification

• Education verification

• Employment verification

• Personal reference verification

• Global sanctions list

To get a job at Freddie Mac you should apply online via the Freddie Mac career page. You will be asked to upload your resume and submit an online application.

Most positions at the company have one to two interviews during the hiring process and some positions may require you to complete one to two assessments during the interview process.

You have to be at least 18 years old and have a high school diploma to work for Freddie Mac; however, some positions require a minimum of a bachelor's degree and experience

Analyst positions are among the easiest to obtain at Freddie Mac. A bachelor's degree or equivalent work experience is required. Mortgage experience is preferred but not required. You must have an in-depth understanding of Freddie Mac system functionality.

Agile product delivery experience, including requirements for capturing, writing user stories, and using Jira technology is preferred. You must be able to work independently in a fast-paced environment and be flexible enough to manage multiple requests and tasks against tight timelines.

Analysts must be highly organized and process driven. Excellent verbal and written communication skills, technical awareness, and leadership abilities are a must. The average annual salary for an analyst is $74,000.

Risk management positions are some of the most difficult to obtain with Freddie Mac. The salaries for these roles exceed $150,000 at the senior level.

For an operational risk management position, a bachelor's degree is required as well as at least 12 years of experience (with at least four in management) in operational or compliance risk management. Experience in process design and assessment of controls is a plus. You must be able to problem-solve and articulate sophisticated concepts.

A thorough understanding of implementing and managing processes, procedures, and/or tools that support the execution of operational risk oversight routines is essential. The average annual salary is $159,000.

Typical annual salary ranges for positions at Freddie Mac are:

• Senior quantitative analyst: $146,000

• Financial controller: $85,000

• Senior developer: $151,000

• IT Director: $257,000