Freddie Mac

Quantitative Analytics Professional

Freddie Mac$105K — $157K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in quantitative finance, statistics or related quantitative field.
  • Experience applying predictive modeling techniques to large data sets.
  • Coursework in statistical methods, optimization, machine learning, and related areas.
  • Proficiency in programming languages such as Python, R, SQL, Java, SAS, or MATLAB for model development.
  • Experience writing statistical or optimization programs.

Responsibilities

  • Enhance and oversee SF model documentation and testing.
  • Review model tracking reports for clarity and transparency.
  • Provide insights on default and prepayment modeling frameworks.
  • Ensure data quality and accuracy by understanding data relationships.
  • Assist in user acceptance testing and model governance processes.

Benefits

  • Inclusive company culture promoting teamwork and collaboration.
  • Opportunity to work on high-risk models impacting credit risk management.
  • Engagement with complex business problems and strategic decision-making.
  • Access to ongoing professional development and training opportunities.
  • Participation in an annual incentive program.
Full Job Description
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 Credit Analytics, Reporting and Decision Strategy 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 Professional position is responsible for ensuring the reasonableness and consistency of statistical models, analytics and methodologies used in decision making in the Single Family guarantee business.

Our Impact:
  • Our team serves as the business user for multiple very high- and high-risk models. Our goal is to leverage all available models and tools to facilitate and optimize credit risk management and decision strategies.

  • Our team is responsible for forecasting SF credit losses and enhancing company decision-making with respect to loan acquisition.

Your Impact:
  • SF (Single Family) model enhancement- oversight, documentation, and testing of new modeling frameworks

  • Model tracking reports- reviewing and ensuring reports to SF Acquisition division are concise, complete, and transparent

  • Mortgage modeling expertise- understanding default and prepayment modeling frameworks and providing insights

  • Data quality- understanding data relationships and ensuring accuracy

  • Testing and governance- assisting with UAT and model governance processes

Qualifications:
  • Master's degree in quantitative finance, statistics or a related quantitative field.

  • Coursework and / or work experience applying predictive modeling techniques from finance, statistics, mathematics, data science, and computer programming to large data sets.

  • Qualifying coursework may includebut is not limited tostatistics, mathematical programming, optimization, machine learning, computational methods, design and analysis of algorithms, Bayesian methods, derivatives, and Monte Carlo methods/modeling.

  • Coursework and / or work experience writing statistical and/or optimization programs to develop models and algorithms. Programming languages may includebut are not limited toPython, 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 latest trends.

  • Ability to utilize data to help inform strategy and direction.

  • Solid aptitude for solving problems, innovative and thinking outside the box.

  • Ability to translate complex statistical models and methodologies into simple business terms.

  • Strong leadership, planning and communication skills.

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 site.

This position has an annualized market-based salary range of $105,000 - $157,000 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.

About Freddie Mac

Freddie Mac is vital to a strong U.S. housing system, providing liquidity to the mortgage market under all economic conditions while ensuring the safety and soundness. As a trusted leader in housing finance, we guide the industry in meeting the needs of lenders and lowering the cost of housing for America's families.
Learn more about Freddie Mac
Size
7,284 employees
Industry
Founded
1970
NASDAQ

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