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:

The candidate will have the opportunity to identify continuous improvements in model governance and risk reporting in a fast-paced, highly intellectual, mission focused organization. Apply now and learn why there's #MoreAtFreddieMac!

Our Impact:

• Our team is responsible for managing model governance risk across SF Models.

• Implement Inherent Management guidelines and other risk management policies for SF Models to reduce the risk associated with models
• Provide oversight and review of action plans for all SF MRAs and audit findings; ensure completion of the action plans in a timely manner.
• Partner with management to evaluate the progress on risk assessments and remediation of key issues. Facilitate the overall improvement of internal control structures.
• Raise material breaches of applicable laws, rules, advisory bulletins, policies, or standards with actual or potential impact.
• Assist management in resolving corrective action for such breaches. Coach employees on risk management activities and sound model development practices.
• Partner with the Governance Team to serve as another subject matter authority regarding model policies, standards, and procedures.
• Make presentations to management and staff on industry and regulatory related news and developments.
• Work with the Governance Team to provide management and/or affected business divisions with summaries, operational and regulatory risk assessment reports, trending, and remedial or mitigation solutions.
• Staying updated on regulatory (FHFA) policy changes and ensuring the organization's operational risk management practices are compliant, while assisting in regulatory examinations and internal audits as needed
• Working proficiency on Governance, Risk and Compliance (GRC) Tools such as Bwise.

• Doctorate degree, or Master degree with 3 years of equivalent work experience, in quantitative finance, statistics, economics or a related quantitative field .
• Coursework or work experience applying predictive modeling techniques from finance, statistics, mathematics, data science, or 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, or Monte Carlo methods.
• Coursework or work experience writing statistical or optimization programs to develop models and algorithms. Programming languages may include-but are not limited to-SAS, Python, R, SQL, Java, or MATLAB.
• Superior knowledge and understanding of model-related policies, standards and procedures.
• Outstanding knowledge in understanding the modeling development life cycle.
• High level of knowledge of the financial models.
• Expert discernment regarding cost / benefit analysis in resolving remediation plans and agreed upon action plans.
• Sophisticated knowledge of applicable regulations and industry standard methodologies.

• Significant experience handling multi-faceted projects simultaneously that have cross-departmental impact.
• Shown ability to plan, organize, and effectively complete risk mitigation and operational improvement initiatives.
• Outstanding communication and negotiation skills Shown ability to influence management decision making.
• Expert skill in maintaining accuracy with attention to detail and meeting deadlines.
• Expert skill using innovative thinking to solve problems and facilitate the decision-making process.
• Exceptional quantitative and analytics skills.
• Strong knowledge of statistical models, tools and techniques
• Strong programming skills.