Quantitative Analytics Professional A
About the position 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. 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. Position may be eligible for part-time telecommuting.
Responsibilities
- 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.
- 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.
Requirements
- Master's degree or foreign equivalent in applied mathematics, economics, finance, business analytics, engineering, statistics, computer science, or related quantitative discipline.
- Must have demonstrated knowledge of: Using and applying predictive modeling standard principles, theories, concepts, and techniques; Programming in SAS, Python or R; Applying predictive modeling techniques from finance, statistics, mathematics, data science, and computer programming to large data sets; and Writing statistical and/or optimization programs to develop models and algorithms.
- Any combination of education that has been evaluated by a professional credentials evaluation service to be the academic equivalent of a U.S. degree will be accepted.
- Demonstrated knowledge can be established through coursework, training, or work experience.
- 40 hours per week 8:45 AM to 5:15 PM.
- Work location: 8200 Jones Branch Drive, McLean, VA 22102.
- Position allows for part-time telecommuting.
- If interested, submit resume or curriculum vitae via email to: [email protected] & reference #23-057.
Benefits
- Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs.
- This position has an annualized market-based salary range of $105,000 - $157,000 and is eligible to participate in the annual incentive program.