Freddie Mac

Quantitative Risk Analysis Associate II

Freddie Mac • $84K — $126K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Statistics, Economics, Finance, Mathematics, Computer Science, Data Science, or related field; advanced Degree is a plus
  • 1-3 years of relevant experience, preferably in mortgage industry or financial services
  • Proficiency in programming languages, specifically SAS and SQL
  • Experience in analyzing and manipulating large datasets
  • Familiarity with analytical/data manipulation tools like R, Python, and Tableau for visualization
  • Knowledge of single-family mortgage credit risk data, preferably related to GSEs

Responsibilities

  • Design analytical approaches for business questions and evaluations
  • Manage data research and analysis preparation for reports
  • Implement baseline processes and monthly reports related to credit risk
  • Follow established controls for documentation of processes and reports
  • Participate in ad-hoc analytics to support credit policy
  • Cleanse and analyze large datasets using statistical software
  • Collaborate with team members and other departments to achieve objectives

Benefits

  • Comprehensive total rewards package
  • Competitive compensation
  • Market-leading benefit programs
  • Eligibility for annual incentive program
Full Job Description
Position Overview:

We are seeking a Quantitative Risk Analysis, Associate II to join the Credit Analytics & Reporting team in the Single-Family division. This position will be tasked with developing deep understanding of data and current code, designing analytical approaches for business questions and scenario evaluations, managing data research, analyses and preparation of reports and presentations.

Our Impact:

  • Our team is responsible for producing reporting packages to monitor trends and performance.
  • We analyze different test and learn or pilot programs to assess risk of the
  • offerings and create reports to monitor these offerings closely to assess broad roll out.
  • We perform significant user activities for different enterprise models for user acceptance testing and provide feedback.

Your Impact:

  • Implement baseline processes and reports monthly and interpret results as it relates to credit risk management.
  • Follow appropriate controls and standards established to maintain and build documentation for processes & reports.
  • Participate in performing ad-hoc analytics in support of credit policy.
  • Cleanse, manipulate and analyze large datasets using statistical software.
  • Collaborate with team members and interact across organizational lines to meet business objectives.

Qualifications:

  • Bachelor's Degree in Statistics, Economics, Finance, Mathematics, Computer Science, Data Science or related field, advanced Degree is a plus
  • Minimum 1-3 years of relevant experience, preferably in mortgage industry or financial services
  • Demonstrated proficiency in programming languages, preferably SAS and SQL
  • Experience in analyzing and manipulating large datasets
  • Prefer recent professional experience with analytical and/or data manipulation tools such as R and Python and Tableau for data visualization
  • Knowledge of and experience with single-family mortgage credit risk data, preferably related to GSEs

Keys to Success in this Role:

  • Self-motivated, pro-active, and results-driven problem solver.
  • Proven quantitative, analytical and problem-solving skills.
  • Strong communication skills both oral and written.
  • Excellent SAS and SQL programming skills.
  • Manage multiple priorities, meet deadlines, identify and raise issues appropriately to management.


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.

This position has an annualized market-based salary range of $84,000 - $126,000 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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