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.

Position Overview:

Are you curious, entrepreneurial, and analytical? Do you enjoy solving complex real-world problems with advanced quantitative techniques? Freddie Mac’s Enterprise Risk Management Division is currently seeking a Quantitative Analytics Senior to join the Enterprise Model Risk Department. This department is responsible for model risk oversight including development, validation, implementation and monitoring across multiple risk types (credit risk, market risk, counterparty risk, etc.). This role focuses on providing effective challenge and oversight to manage risks associated with the implementation, integration, and execution of the company's models in production applications. Apply now and learn why there’s #MoreAtFreddieMac!

Our Impact:

The team is responsible for validation of model applications to manage model implementation risk.

Your Impact:

• Evaluate model implementation risks in model applications.

• Report findings to management and ensure those findings are addressed appropriately and timely.

• Prepare validation documentation in compliance with applicable policy, standards and procedures.

• Manage validation projects in model inventory system collaboratively with model owners, baseline model validator, implementation teams, key assessors and business users.

Qualifications:

• Doctorate degree (or Master's degree with equivalent work experience)

  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.

Keys to Success in this Role:

• Exceptional quantitative and analytics skills.

• Deep curiosity to learn with critical thinking.

• Strong verbal and written communication skills.

• Effective interpersonal skills including the ability to collaborate successfully with other team members.

• Proficiency in programming languages such as C/C++, Java, Python, SQL.

• Superior knowledge and understanding of model-related policies, standards and procedures, and the modeling development life cycle.

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.

This position has an annualized market-based salary range of $125,000 - $187,000 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.