Director of Diversity and Inclusion

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Company: Common Securitization Solutions
Location: Bethesda, MD 20814

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OVERVIEW:[


The Company


Common Securitization Solutions (CSS) is seeking an experienced Director of Diversity and Inclusion to join our team of talented professionals in Bethesda, Maryland.

Established in 2014, CSS is a Joint Venture between Freddie Mac and Fannie Mae. We were established to develop and operate the Common Securitization Platform (CSP), to be utilized specifically by the Government –Sponsored Enterprises (GSEs), but architected in a manner adaptable for use by other participants in the secondary housing finance market.

The CSP is closely linked to FHFA’s Single Security or Uniform Mortgage Backed Security (UMBS) initiative. FHFA believes the transition to the new UMBS will lead to a more efficient, resilient, and liquid secondary mortgage market.

CSS, acting as an agent for both Enterprises, issues the UMBS, tracks performance of the UMBS, calculates monthly bond payments, generates security disclosure information for investor consumption and handles security tax reports and IRS filings. CSS performs similar functions for each Enterprise’s legacy securities. CSS is supporting monthly issuance of $100-150 Billion of UMBS and manages bond administration on over 1 million securities with an underlying unpaid principal balance of approximately $4.7 trillion.

CSS is based in Bethesda, MD and has a growing presence in Pasadena, CA. CSS has a talented and dedicated team of securities operations professionals and a best in class information technology organization that jointly run the largest security management platform in the United States. The CSP was developed on state-of-the-art cloud technologies and will continue to leverage these technologies to innovate the platform.

]RESPONSIBILITIES :


Job Information

This is a Director level position with oversight responsibilities for all aspects of CSS’s Diversity and Inclusion Program. The position will have a dual reporting structure to the CEO and Chief HR and Diversity & Inclusion Officer.


Key Job Functions

  • Along with the CEO and Chief HR and Diversity & Inclusion Officer plans, guides, and advises management on diversity, inclusion, and equity matters. Collaborates with business units to create, develop, implement, and monitor programs designed to ensure diversity and inclusion throughout all levels of the business.
  • Along with the Manager of Training and Development, creates company-wide training to promote cultural understanding, competency, and inclusion.
  • Provides support to company Diversity Councils initiatives including Multicultural events and programs.
  • Gathers, researches, and analyzes data for use in statistical calculations and reporting in order to meet federal and state requirements, including creating workforce analysis reports.
  • With Legal communicates HERA Inclusion requirements and Equal Employment Opportunity laws and related internal policies and guidance (and their interaction) for employees, vendors, contractors, and the governmental enforcing agencies.
  • Along with the Manager of Talent Acquisition, develops recruitment strategies in support of our Diversity and Inclusion hiring initiatives.
  • Provides, with Legal, analysis of legislation and regulations related to HERA Inclusion and EOE requirements.
  • Manages the department budget, including developing budget proposals, justifying expenses, and monitoring accounts.

QUALIFICATIONS:


Education

  • Minimum of a Bachelor’s degree; an advanced degree in a related field is preferred.


Minimum Experience

  • 10+ years of experience working in areas of diversity, inclusion, EOE, and/or supplier diversity
  • 5+ years of experience working in an affirmative action/EEO compliance/HR function.
  • Must have thorough knowledge of, and experience dealing with issues involving the 1964 Civil Rights Act, the 1991 Civil
  • Rights Act, the Americans with Disabilities Act, Affirmative Action, Equal Employment Opportunity, and other applicable laws.
  • Applicants must be authorized to work in the US without requiring employer sponsorship currently or in the future. CSS does not offer H-1B sponsorship for this position.


Employment

As a condition of employment with Common Securitization Solutions, any successful job applicant will be required to pass a pre-employment drug screen and to successfully complete a background investigation, which may also include a credit check for positions in some areas of our business.

Common Securitization Solutions is an Equal Opportunity Employer.