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Senior Quantitative Engineer (Open to Remote)

AT Fannie Mae
Fannie Mae

Senior Quantitative Engineer (Open to Remote)

Washington, DC
  • Target Hiring Range (1): 119000
  • Target Hiring Range (2): 155000

  • Company Description

    At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.

    Job Description

    As a valued colleague on our team, you will, under limited supervision, develop and implement all components of financial models, cash flow simulations, P&L, and risk metrics calculations in end-user or production computing systems for use in business decisions, financial and regulatory reporting, and risk management.

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    THE IMPACT YOU WILL MAKE

    The Senior Quantitative Engineer role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

    • Translate moderately complex mathematical, business, and financial modeling logic into software code, as well as design and execute modeling application systems via distributed computing both on premise and on external cloud to achieve efficiency, scalability, and modularity.
    • Design and execute test cases for modeling and analytical software applications to ensure they meet business needs and model requirements.
    • Apply experience and skill to assess model implementation quality and production control risk.
    • Evaluate system requirements for model and analytical applications, such as computing power, storage, network, and security. Recommend technology platforms and architecture designs for model applications to ensure robust and scalable execution.
    • Research and evaluate emerging technologies and industry best practices of model and analytical system implementation.

    Qualifications

    THE EXPERIENCE YOU BRING TO THE TEAM

    Minimum Required Experiences

    • 2 years
    • Bachelor degree in applied mathematics, Statistics, Economics, Finance, Computer Science, Engineering or equivalent experience

    Desired Experiences

    • Bachelor's degree with 4 years or Master's degree with 2 years or equivalent experience in applied mathematics, Statistics, Economics, Finance, Computer Science, Engineering
    • Proactive, creative problem solver with strong analytical skills. Must be able to define problems as well as potential solutions
    • Strong programming experience in coding and debugging in C++ or Python
    • Proficiency in Unix/Linux environment
    • Expertise in visualizing data to identify, summarize and explain observed data patterns
    • Experience with econometric modeling, statistical analysis, and working with large data sets
    • Experience with the implementation and creation of various models and algorithms including regression and statistical models. Experience working with financial data, analytics, and cashflows applications
    • Expert in AWS cloud architecture, Web Services, APIs and DevOps
    • Experience working in teams operating under an Agile Scrum delivery methodology

    Additional Information

    REF13648V

    The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.

    Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at [email protected].

    The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here.

    Client-provided location(s): Washington, DC, USA
    Job ID: Fannie-744000037107763
    Employment Type: Full Time

    Perks and Benefits

    • Health and Wellness

      • Health Insurance
      • Dental Insurance
      • Vision Insurance
      • FSA
      • On-Site Gym
      • Life Insurance
      • Short-Term Disability
      • Long-Term Disability
      • HSA With Employer Contribution
      • Fitness Subsidies
      • Mental Health Benefits
    • Parental Benefits

      • Birth Parent or Maternity Leave
      • Adoption Assistance Program
      • Adoption Leave
      • Non-Birth Parent or Paternity Leave
      • Fertility Benefits
      • Family Support Resources
    • Work Flexibility

      • Flexible Work Hours
      • Hybrid Work Opportunities
      • Remote Work Opportunities
    • Office Life and Perks

      • Commuter Benefits Program
      • Casual Dress
      • Happy Hours
      • On-Site Cafeteria
      • Holiday Events
    • Vacation and Time Off

      • Paid Vacation
      • Paid Holidays
      • Personal/Sick Days
      • Leave of Absence
      • Volunteer Time Off
      • Summer Fridays
    • Financial and Retirement

      • 401(K) With Company Matching
      • Financial Counseling
      • Relocation Assistance
    • Professional Development

      • Tuition Reimbursement
      • Promote From Within
      • Internship Program
      • Leadership Training Program
      • Associate or Rotational Training Program
      • Shadowing Opportunities
      • Access to Online Courses
      • Lunch and Learns