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Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Benefits include:
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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.
Are you looking for development beyond the ordinary? A place full of exciting challenges and the engineers up to solving them? If so, welcome to Financial Engineering. This is the place where the models become software, where many of the numbers that drive our business decisions are produced.
Freddie Mac’s Investments & Capital Markets Division is currently seeking a junior Financial Engineer to participate in implementing all of the firm’s quantitative models and analytics.
Our Impact:The Investments and Capital Markets (I&CM) division is responsible for management of the retained portfolio as well as debt funding, liquidity management and interest-rate hedging. The division is also responsible for I&CM securitization.
Your Impact:The ideal candidate will have a creative but analytical attitude and be passionate about software engineering. The selected candidate will combine software development, quantitative analysis, and collaboration skills to help build high-performance, scalable and fault tolerant solutions.
Your Work Falls into Two Primary Categories:Develop:
Design, develop and support fixed income computation libraries written in C++ and Java. Follow software engineering standard methodologies to build modular and sustainable models:
Implement statistical and machine learning financial models
Conduct model tie-out, regression, integration testing to deliver quality software.
Write automated python script testing to ensure standard technology development practices are met.
Support application teams with library integration.
Teamwork:
Align with the business needs for the libraries. Work closely with modelers and analysts under supervision to compose and refine business requirements
Qualifications:
Master's Degree in Computer Science, Information Systems or other related field or equivalent working experience
2+ years of relevant professional experience
Proficient in programming in C++
Strong fundamentals of data structure and algorithms
Interest in learning financial knowledge
Proven analytical and quantitative skills (statistics, econometrics, algebra)
Keys to Success in this Role:
Enjoy programming and hands on troubleshooting issues
Solid math and analytical skills
Interest in growing financial knowledge
Collaborative working approach
Ability to communicate effectively with modelers, analysts, and other developers
Current Freddie Mac employees please apply through the internal career site.
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.
We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities 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.
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 www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full timeFLSA Status:ExemptFreddie 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 $103,000 - $155,000 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.Careers with Impact 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,... Read more