Onsite
Full Time Posted 6 days 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 Multifamily (MF) division provides mortgage financing for apartment loans throughout the nation, purchasing loans from a network of lenders and then securitizing these loans. Our offerings span the nation, including large metropolitan areas, mid-market cities and smaller communities. The properties we finance house a wide array of renters, including students, single professionals, working families and the older population.

    MF Investments & Portfolio Management in MF Capital Markets has an overall responsibility to manage the MF portfolio which includes mortgage loans and securities, and a growing credit guarantee portfolio. This position is in the MF Portfolio Analytics and Strategy (MPAS) team, and the team’s main responsibilities include, but not limited to, credit loss model use and application for credit risk transfer (CRT) analysis, Economic Value Added (EVA) analytics, credit risk transfer model benchmark analysis, portfolio credit risk measurement, ROE assessment, cost of capital analysis, regulatory ERCF capital implementation and financial risk assessment of significant changes. Apply now and learn why there’s #MoreAtFreddieMac!

    Our Impact:

    MPAS team provides high-caliber portfolio management services and capital management. The team uses models to simulate the credit stress loss, assesses CRT strategy, manages division’s financial risk, estimates capital requirements and evaluates profitability through innovative ideas, risk management techniques, high-quality analytics.

    Your Impact:

    You will join a cohesive, close-knit team to provide creative solutions to business problems. Activities include, but are not limited to:

    • Implement credit loss model to generate the cashflows and estimate write-downs for MF CRT transactions
    • Develop, maintain and enhance Python-based MF EVA-CRT analytical tools
    • Perform MF EVA analysis on the existing and potential CRT transactions
    • Support MF CRT, cost of capital and ex-ante/ex-post profitability analyses
    Qualifications:
    • Master's degree in quantitative finance, statistics or a related quantitative field.
    • Coursework or work experience applying predictive modeling techniques from finance, statistics, mathematics, data science, and computer programming to large data sets. Qualifying coursework may include—but is not limited to—statistics, mathematical programming, optimization, machine learning, computational methods, design and analysis of algorithms, Bayesian methods, derivatives, and Monte Carlo methods/modeling.
    • Coursework or work experience writing statistical and/or optimization programs to develop models and algorithms. Programming languages may include—but are not limited to—Python, R, SQL, Java, SAS, and MATLAB
    • Effective verbal and written communication and people skills.
    Keys to Success in this Role:
    • Self-motivated and strong desire to learn skills that contribute to multifamily
    • Take personal accountability – Ability to take ownership and exhibit self-motivation in driving tasks to completion
    • Effective interpersonal skills, including the ability to encourages collaboration, inclusivity, and teamwork
    • Strong oral and written communication skills with ability to succinctly describe complex technical scenarios in simple and apprehensible terms

    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 $97,000 - $145,000 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.
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