Full Job Description
Develop strategies to analyze and interpret output of models or analytic applications, which assess things such as relative risks of each product within the portfolio. Plan, execute, and document analysis of complex financial models. Provide portfolio risk assessments based on findings. Provide modeling and analytical assistance to a line of business or product area, functioning as day-to-day technical expert. Evaluate and manage risks associated with the company's models, including models of defaults, security valuation, prepayments, loan scoring, and others. Provide innovative, thorough, and practical solutions to an extensive range of demanding problems, including analyses of relative value. Full use and application of standard principles, theories, concepts, and techniques. Primarily intra-organizational with occasional interorganizational and external customer contacts on routine matters. Position may be eligible for part-time telecommuting.
Job Requirements
Master's degree or foreign equivalent* in statistics, mathematics, economics, finance, or closely related quantitative field. Must have demonstrated knowledge** of the following skills:
• Using and applying predictive modeling techniques from finance, statistics, mathematics, data science, and computer programming to large data sets.
• Statistics, mathematical programming, optimization, machine learning, computational methods, design and analysis of algorithms, Bayesian methods, derivatives, and Monte Carlo methods/modeling.
• Writing statistical and/or optimization programs to develop models and algorithms.
• Programming languages, such as Python, R, SQL, Java, SAS, or MATLAB.
*Employer will accept any combination of education that has been evaluated by a professional credentials evaluation service to be the equivalent of a U.S. degree.
**Knowledge may be demonstrated through education, training, and/or experience.
40 hours per week 8:45 AM to 5:15 PM.
Work location: 8200 Jones Branch Drive, McLean, VA 22102.
This position has a prevailing wage of $157,010.00 and is eligible to participate in the annual incentive program.
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Current Freddie Mac employees please apply through the internal career site.
Time-type:Full time
FLSA Status:Non-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.