Risk Management Graduate Intern - Business- Summer 2026 Job at Freddie Mac, McLean, VA

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  • Freddie Mac
  • McLean, VA

Job Description

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

We are accepting applications for this position until 10/13/2025

Position Overview:

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. Launch your career by doing more at Freddie Mac! Our internships and graduate programs give you the opportunity to tackle a variety of challenging roles and make your mark on several projects. From day one, you'll gain confidence, see your ideas take shape and build a network of people who are invested in your success. You will also take part in many interesting learning and development opportunities, including our Leadership Roundtable series hosted by SVPs across from our division. We're not just the next step; we're the right step!

Our Impact:

ERM's objective is to build strong, effective and efficient risk management to help manage risk and capital at one of the country's largest financial institutions. We are responsible for independent oversight and assessment of the company's financial and non-financial risks. We establish and communicate the enterprise risk framework - including corporate risk policies and standards - while promoting a strong risk culture.

Our internship offers you the chance to make meaningful contributions to our risk management objectives and provides exposure to a wide spectrum of risk disciplines that will allow you to build on the knowledge and analytical skills you have acquired through your advanced studies. You will work with some of the brightest minds in the financial services industry and develop your knowledge of risk management, all while building valuable skills and making lifelong connections.

Upon successful completion of the three-month internship and your advanced degree, you may be extended an opportunity to join our Enterprise Graduate Risk Rotation program - a two-year analyst rotation program that allows you to work in different risk management areas such as Credit, Market and Model risk. Our analyst program is designed to help you build a broad skill set, develop a comprehensive foundation in risk management, and accelerate your career growth by gaining exposure to our enterprise-level risk management function.

Your Impact:

Project Support

As an intern, you will support projects that contribute to division priorities, which may include one or more of the following activities:

  • Assist in the assessment of business unit exposures by identifying risks, evaluating their potential impact and reviewing the strengths and weaknesses of the organization's existing controls
  • Develop and implement key analytics and other reports
  • Support strategic planning and change management initiatives
  • Perform budgeting, forecasting and cost monitoring activities
  • Work on cross-functional projects and/or teams and assist with project management activities
  • Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes

Professional Development

Participation in the program will support your continued professional development through access to targeted training courses and exposure to senior management. You will gain knowledge of risk management concepts in the financial industry and an understanding of critical organizational business and risk management functions, all while enhancing your own competencies, by:

  • Building critical leadership, business and analytical skills
  • Creating your personal brand and growing your internal network
  • Obtaining support and guidance from dedicated program managers, experienced rotational analysts and knowledgeable mentors
  • Enhancing your knowledge of financial and risk concepts and Freddie Mac's key role in the mortgage market through a custom-designed training curriculum
  • Participating in organized community service events to complement your professional development with personal growth

Qualifications:

  • Enrolled in a full-time graduate degree program in business administration (MBA), finance, economics, public policy, law or related subject area
  • Three to seven years of professional work experience
  • Graduating in either December 2026 or May 2027

Preferred Skills:

  • Proficient in MS Office Suite, specifically Excel and PowerPoint
  • Experience with Microstrategy and/or Tableau
  • Strong analytical skills
  • Experience working with large data sets

Keys to Success in this Role:

  • Execution focused, with proven initiative, personal accountability and leadership
  • Strong consultation and influencing skills
  • Ability to work with and collaborate within a team and across the broader organization
  • Ability to work independently and adapt in a changing environment
  • Curiosity to learn and challenge the status quo
  • Interest or experience in financial markets, securitization, trading of financial products, or loan and security portfolio management

Graduate Interns are paid at a set, non-negotiable hourly rate. The hourly rate for this role is $40/hr.

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

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals 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.

A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

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 time

FLSA Status:Non-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 $64,480 - $83,200 . All interns positions are paid at an hourly rate, which can be found in the body of the job description.

Job Tags

Hourly pay, Full time, Work experience placement, Summer work, Internship, Local area,

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