Position Overview:Freddie Mac's Single-Family Division is currently seeking a Quantitative Analytics Senior to be responsible for the development and execution of statistical models and applications in support of business and risk decisions as a member of the Credit Risk Modeling Team.
Your Impact:- Developing analytical methods and models that assess the credit risk of new and existing financial and mortgage products.
- Providing innovative, detailed and practical solutions to an extensive range of fast paced and complicated problems.
- Developing and validating loss forecasting models, conducting research on improvements to the existing models, and applying industry standard methodologies and techniques to meet various business needs.
- Coordinating the testing through the model implementation, conducting back tests to monitor the model performance, and performing economic tests and stress tests to validate the model forecast results.
- Providing modeling and analytical support to a line of business or product area, functioning as day-to-day technical specialist.
- Preparing documentation for the technical analytics and rationale through the model development to comply with model oversight and support model review for approval.
- Working under limited direction, independently determining and developing approach to solutions.
Qualifications:- PhD in Economics, Statistics, Math, Computer Science or a related quantitative field; or Master's degree with at least 3 years of related post-graduate work experience
- Strong programming skills in Python, SQL, SAS and Unix
- Experience with programming language such as R, VBA, Java or C++
- Experience working with large data sets and relational database
- Experience working with mortgage or consumer credit risk models, prepayment models and severity models
- Experience with competing-risk hazard models, transition models, loss forecasting and stress testing
- Experience in data science, machine learning and related technologies
Keys to Success in this Role:- Outstanding quantitative, empirical analysis, and research skills
- Solid understanding of econometric models, tools and techniques
- Strong programming skills
Current Freddie Mac employees please apply through the internal career site.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 $126,000 - $190,000 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.
