Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Benefits include:
Quantitative Analytics Senior (Hybrid- 3 Days in Office)
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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 curious, entrepreneurial, and analytical? Do you enjoy solving complex real-world problems with advanced quantitative techniques? Freddie Mac’s Enterprise Risk Management Division is currently seeking a Quantitative Analytics Senior to join the Enterprise Model Risk Department. This department is responsible for model risk oversight including development, validation, implementation and monitoring across multiple risk types (credit risk, market risk, counterparty risk, etc.). This role focuses on providing effective challenge and oversight to manage risks associated with the implementation, integration, and execution of the company's models in production applications. Apply now and learn why there’s #MoreAtFreddieMac!
Our Impact:The team is responsible for validation of model applications to manage model implementation risk.
Your Impact:Evaluate model implementation risks in model applications.
Report findings to management and ensure those findings are addressed appropriately and timely.
Prepare validation documentation in compliance with applicable policy, standards and procedures.
Manage validation projects in model inventory system collaboratively with model owners, baseline model validator, implementation teams, key assessors and business users.
Doctorate degree (or Master's degree with equivalent work experience)
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.
Exceptional quantitative and analytics skills.
Deep curiosity to learn with critical thinking.
Strong verbal and written communication skills.
Effective interpersonal skills including the ability to collaborate successfully with other team members.
Proficiency in programming languages such as C/C++, Java, Python, SQL.
Superior knowledge and understanding of model-related policies, standards and procedures, and the modeling development life cycle.
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 $118,000 - $178,000 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.