Onsite
Full Time Posted 6 days ago
Save Job
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:

    Are you curious, entrepreneurial, and analytical? Do you like solving complex business problems and thrive on working in a team environment? Are you looking for an inclusive company culture? Freddie Mac’s Multifamily Modeling team needs creative, forward-thinking individuals like you! We want to hire individuals who seek out complex business challenges and develop viable solutions. The Quantitative Analytics Manager position is responsible for engaging the key Multifamily (MF) business partners to solve problems related to quantitative models and methodologies used for decision making and risk management in the $450Bn+ MF business. Apply now and learn why there’s #MoreAtFreddieMac!

    Our Impact:

    The MF Modeling team includes the owners, developers, and executioners of all major Multifamily credit, market risk and business decision models/ tools. The MF Modeling team is responsible for developing, maintaining and implementing the MF models used in the management of the MF business, including the retained portfolio and securitized business.

    The Model Execution team within the MF Modeling team is responsible for evaluation of emerging, systemic, concentration and idiosyncratic risks, performing ongoing monitoring and responsible for reviewing and socializing results with various superuser groups and the Freddie Mac leadership team. This is an increasingly critical role given our focus on safety and soundness in Multifamily business as well as the emerging risk management under the dynamic market environment.

    Your Impact:
    • Provide oversight on effective model execution, monitoring, and business uses of MF core risk models, and evaluate emerging, systemic, concentration and idiosyncratic risks. Provide thoughtful inputs on the development and improvement of model methodologies.

    • Review the model execution results, synthesize into written presentations, and socialize with various business user groups and the Freddie Mac MF Leadership team. Be expected to communicate sophisticated analytics concepts in a clear and concise manner to key stakeholders.

    • Drive specific problem statements (e.g., scenario analysis improvement, output standardization), find new solutions, interpret results, derive conclusions, and enjoy solving problems that focus on adding business value.

    • Respond quickly by analyzing content and data, design and generate reports related to model applications and model monitoring for MF management, business users and risk managers.

    • Actively engage and build strong working relationships with various team members across three lines of defense. Collaborate actively on managing and mitigating model operation and governance risks (such as model findings), and expanding model uses in business decisions.

    Qualifications:
    • PhD in Statistics, Economics, or a related quantitative field with at least five years of related post-graduate work experience; or Master’s degree with at least five years of related quantitative analyses or modeling experience

    • Demonstrated experience in risk management and risk mitigation, preferably in credit risk, and familiarity with programming languages such as Python, SQL, SAS, R, MATLAB

    • Familiarity with model lifecycle management including development, validation, execution, and monitoring

    • Strong analytical and conceptual problem-solving skills with a high level of attention to detail

    • Excellent interpersonal and communication skills, particularly written communication skills

    • Self‐motivated, with the capability of managing multiple priorities and efficient in proposing solutions

    Keys to Success in this Role:
    • Strong consultation, presentation, and communication skills

    • Ability to translate sophisticated analytics concept into simple business terms

    • Ability to work with and collaborate across the team and where silos exist

    • Ability to apply data to help inform strategy and direction

    • Intellectual agility and interpersonal flexibility

    • Deep curiosity to learn about new analytical tools and multifamily business

    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 $140,000 - $210,000 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.
    Mission
    We're connecting diverse talent to big career moves. Meeting people who boost your career is hard - yet networking is key to growth and economic empowerment. We’re here to support you - within your current workplace or somewhere new. Upskill, join daily virtual events, apply to roles (it’s free!).
    Are you hiring? Join our platform for diversifiying your team
    Quantitative Analytics Manager (Hybrid - 3 Days in Office)
    Save Job