Freddie Mac – “Really think about it before you accept...”

Pros

Salary and possible signing bonus (now I know why they thew a lot of money at me). People in many parts of the organization are truly dedicated to the mission, many long timers.

Cons

First level managers are geared towards being individual contributors first and then managing their direct reports is far down the list. This may be all well and good as it means you will be self-managed, but given the complexity of the organization (communication, technology, processes/procedures, politics, etc.) it could make your first months or year very, very difficult. Big picture - the future of the GSE's is anything but stable as only the Gods know what the future holds for Fannie and Freddie...weigh the risks.

Advice to Senior Management

Do not promote individuals to managers if they're better suited to being indivdual contributors, structure the departments/divisions accordingly so these people can advance w/o becoming a "manager".