Quantitative Analytics Professional (Hybrid - 3 Days in Office)

At Freddie Mac, you will do important work to build a better housing finance system and you’ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview

Are you looking for an opportunity to apply quantitative and analytical skills to help drive business decision?  Do you want to work with a team that provides insights and analytics to help manage Freddie Mac’s $3 trillion Single Family mortgage portfolio?  Apply today and join our team!

Our Impact

The portfolio performance analytics team is part of ICM Credit Risk Transfer (CRT) group.  We are mainly responsible for managing Risk Appetite for Single Family Portfolio Consumer Credit risk and CRT valuation model/framework.  Risk Appetite is designed to align with Freddie Mac’s mission and business objectives and has fundamental impact on business decisions.  We propose annual Limit Setting scenario and associated Risk Appetite Board Limit, forecast and manage portfolio Risk Appetite metrics supported by robust analytics, identify key risk factors and leading indicators for elevated risks, design and execute various scenario and sensitivity analysis.  

Your Impact

You will be involved in a wide range of activities related to portfolio analytics.

• Support monthly Risk Appetite forecast and reporting and annual limit setting

• Perform quantitative analytics to prepare and enhance monthly Risk Appetite analytics package

• Research, design and execute sensitivity and scenario analysis

• Develop, maintain and improve analytical toolkits (in SAS/Python)

• Partner with model developers as significant model user of key corporate models to understand model changes and assess the model change impact to business use

• Assist improvement to CRT valuation model and associated production implementation

Qualifications

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

• Coursework or work experience applying predictive modeling techniques from finance, statistics, mathematics, data science, and computer programming to large data sets.  Qualifying coursework may include--but is not limited to—statistics, mathematical programming, optimization, machine learning, computational methods, design and analysis of algorithms, Bayesian methods, derivatives, and Monte Carlo methods/modeling.

• Coursework or work experience writing statistical and/or optimization programs to develop models and algorithms. Programming languages may include--but are not limited to--Python, R, SQL, Java, SAS, and MATLAB.

• Experience in mortgage industry a plus

Keys to Success in this Role

• Strong critical thinking and problem-solving skills combined with attention to detail

• Ability to work efficiently in a fast-paced environment with a positive attitude

• Curiosity, ability to ask questions and build good relationships across the organization

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

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities 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.

This position has an annualized market-based salary range of $101,000 - $151,000 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.