Quantitative Analytics Senior

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

Job Description

• Develop and/or analyze quantitative models that assess the market, credit and/or operational risks of new and existing financial and mortgage products or portfolios to support business and risk decisions.
•  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.
• May provide portfolio risk assessments based on findings.
• May 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.
• May perform detailed model validation reviews, establishing performance thresholds, researching model approaches, creating alternative models and other means.
• Provide innovative, thorough and practical solutions to an extensive range of demanding problems, including analyses of relative value.
• Technically and quantitatively oriented with a degree commensurate with level in applied mathematics, economics, or statistics, as well as strong background in computer science or econometrics.
• Provides resolutions to an extensive range of complicated problems. Solutions are innovative, thorough, and practicable.
• Works under limited direction Independently determines and develops approach to solutions. Work is evaluated upon completion for adequacy in satisfying objectives.
• Represents the organization as the principal customer contact on contracts and often performs project leadership role.
• Interacts with senior customer personnel on significant technical matters frequently requiring coordination across organizational lines.
• Multiple open positions.
• 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 discipline and three (3) years of experience with each of the following:

(1) economic and/or financial modeling, including experience with modern econometric/statistics estimation techniques;

(2) programming in SQL, SAS, R, and Matlab; and

(3) working with large data sets.

*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.

Or

Ph.D. or foreign equivalent* in statistics, mathematics, economics, finance or closely related quantitative discipline and demonstrated knowledge** of each of the following:

(1) economic and/or financial modeling, including modern econometric/statistics estimation techniques;

(2) programming in SQL, SAS, R, and Matlab; and

(3) working with large data sets.

*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 range of $119,600.00 to $189,519.82 and is eligible to participate in the annual incentive program. The final salary offered will 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.

If interested, submit resume or curriculum vitae via email to: [email protected] & reference #24-514.

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Current Freddie Mac employees please apply through the internal career site.

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals 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.

A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

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.