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 Finance Division is seeking a Financial Forecasting Modeling Senior (Financial Planning & Analysis Senior) to be part of the Investments and Capital Markets CFO department.
We're building a better housing finance system that's providing global investors innovative opportunities to invest in the U.S. housing market. Pair your financial skills with purpose!
Our Impact:
The Investments and Capital Markets CFO department is responsible for financial accounting and reporting, portfolio risk and profitability analysis, pricing and valuation activities, and financial planning & analysis for Freddie Mac's Capital Markets segment. The hired individual will join the Investment & Capital Market (I&CM) Financial Planning and Analysis team and contribute to the Capital Markets financial forecast including stress test results.
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Your Impact:
Your Work Falls into Two Primary Categories:
Financial Planning and Analysis
- Execute monthly, quarterly and annual financial forecasts, including Freddie Mac's annual DFAST Stress testing and Capital Planning forecasts
- Create detailed financial and analytical calculations to oversee scenario modeling
- Analyze and explain segment results including items related to amortization, fair value changes, and net interest income
- Perform business strategic analysis and reporting for I&CM Finance
- Create new analytical and reporting FP&A dashboards to enhance business monitoring and reduce forecast variance
- Provide requirements and test forecasting enhancements to our Financial Forecasting Application (Mercury+)
- Explain the market conditions and Investments & Capital Markets activities that influence earnings sensitivity
- Work with business and finance partners on enhancing an extensive framework to support financial planning and forecasting processes
- Review current analytical and forecast processes to recommend and implement enhancement opportunities
- Worth with various teams within the department and division to improve forecasting accuracy and increase explanatory power
Management and Board Reporting and Other Ad hoc Requests
- Prepare Management and Board Reporting related to financial and business results
- Support the preparation of presentations to senior partners including the Board of Directors
- Implement special projects / ad hoc analyses and support new initiatives, products, or business strategies
- Automate, improve, and scale reporting and business metrics
- Learn existing finance tools and help build new ones
- Analyze market and internal metrics to identify trends and highlight opportunities to support better business decisions
Qualifications:
- 5-7 years of financial forecasting, Capital Markets, or reporting and analytics work experience
- Bachelor's degree (Preferred concentration in Finance, Accounting, Economics, Statistics or related degree)
- Experience and/or understanding of FP&A, Liquidity and Asset & Liability Management programs at a financial institution
- Knowledge of GAAP financial accounting and reporting concepts
- Strong financial aptitude and robust analytical skills
- Advanced experience with MS Excel and PowerPoint, and experience with data visualization tools
- Ability to work with large and complex data sets, and familiarity with databases
Keys to Success in this Role:
- Strong desire and ability to create new analytics, solve complex and unstructured problems
- Proactive and a team first mentality
- Strong communication and time management skills
- High degree of organization and efficiency with proven attention to detail
- Comfortable with ambiguity and working in a fast-paced environment
- Superior analytical and problem-solving skills with a focus on attention to detail while delivering against tight deadlines
- Ability to adjust and adapt to changes in the current processes in order to meet management/company's changing needs
- Self-starter/independent thinker: demonstrated ambition to take on new roles with increasing responsibility
At Freddie Mac, our inclusive and diverse culture is what powers our work. Collectively, what we share is a passion for more-for making a difference by making home possible for families across the nation. Come as you are and do what you love.
Apply now and learn why there's #MoreAtFreddieMac!
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 $101,000 - $151,000 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.