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:
Are you curious and analytical? Do you thrive on working in a team environment? Are you looking for an inclusive company culture? Freddie Mac's Single-Family (SF) Acquisitions Division's Credit Analytics, Reporting and Decision Strategy (CARDS) group needs creative, forward-thinking individuals like you! We want to hire individuals who seek out complex business problems and develop viable solutions. The Quantitative Analytics Senior position is responsible for ensuring the reasonableness and consistency of statistical models, analytics and methodologies used in decision making in the SF guarantee business.
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Our Impact:
Our team is responsible for forecasting regulatory capital for SF business. This is an increasingly critical role given our regulators' road map to exit conservatorship and recent FHFA changes to capital standard.
We are also significant users to a number of vert high and high risk SF models. Our goal is to apply all available models and tools to facilitate and optimize portfolio strategies.
Your Impact:
- Supporting team in the enhancement of SF models, involving in the oversight, documentation, and the testing of new model changes and model implementation process. Perform analysis to provide insights for credit risk management.
- Actively review and ensure concise, complete, and transparent model tracking report to SF Acquisition division.
- Understand mortgage's default and prepayment modeling framework and provide insights on modeling results.
- Able to implement and design appropriate User Acceptance Test (UAT) and model governance process.
Qualifications:
- 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.
- 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.
Keys to Success in this Role:
- Intellectual agility and interpersonal flexibility
- Ability to work with and collaborate across the team and where silos exist
- Deep curiosity to learn about new trends
- Ability to apply data to help inform strategy and direction
- Solid skills for solving problems, innovative and out of box problem solver
- Ability to translate complex statistical models and methodologies into simple business terms
- Self motivated, strong planning and communication skills
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 $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.