Onsite
Full Time Posted a month ago
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powertofly approved What Freddie Mac Has to Offer:

Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Benefits include:

  • Flexible work arrangements
  • Home benefit program
  • Student loan repayment benefit
  • Paid parental leave
  • Job Type

    Full Time

    Job Details

    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.

    Position Overview:

    Freddie Mac’s Single-Family modeling team is currently seeking a Quantitative Analytics Senior Director to lead the model development of quantitative models that assess credit risk of new and existing financial and mortgage products or portfolios to support business and risk decisions. Apply now and learn about our excellent benefits and why there’s #MoreAtFreddieMac!

    Our Impact:

    Freddie Mac is leading the U.S housing market forward by making homeownership and rental housing more accessible and affordable.

    Your Impact:
    • Develop analytical methods and quantitative models, including models of defaults, severity, loan scoring and others.

    • Plan, execute, and document models. Provide modeling and analytical assistance to business users, functioning as day-to-day technical expert.

    • Provide innovative, thorough and practical solutions to an extensive range of demanding problems, including analyses of business value. Technically and quantitatively oriented with a degree commensurate with level in applied mathematics, economics, physics or statistics, as well as strong background in computer science or econometrics.

    • Effectively interacts with model validators, implementers, model users and business stakeholders to manage model development, ensuring compliance with the Model Risk Policy, Standard and Procedures.

    • Participates and provides support in audit and regulatory engagements, including issue remediation activities related to model risk.

    • Builds positive relationships and consensus across the lines of business, aligning conflicting priorities and resolving issues to achieve progress.

    • Directly manages model development staff and conducts performance reviews and ratings. Acts as an advisor and leader for staff/direct reports to meet schedules and/or resolve technical problems as well as develops and coordinates performance requirements

    • Manages the coordination of the team’s activities and collaborate with members from different teams.

    • Promotes an environment that supports diversity, equity and inclusion

    Qualifications:
    • Graduate degree with advanced studies/degree in economics/statistics/mathematics/financial engineering or related fields preferred.

    • Typically has 15+ years related experience in regulated financial services institutions with focus in housing markets and structured products.

    Keys to Success in this Role:
    • Strong quantitative and analytical skills.

    • Extensive experience in model development or validation.

    • Strong technical skills in processing data and programming.

    • Detailed knowledge of applicable regulatory guidance.

    • Outstanding technical written and oral communication skills.

    • Must be able to plan, coordinate and supervise work of staff and produce timely results.

    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 time

    FLSA Status: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 $252,000 - $378,000 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.
    Company Details
    Freddie Mac
     Mclean, VA, United States
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    Quantitative Analytics Sr. Director – Credit Risk Models (Hybrid - 3 Days in Office - VA)
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