Lead Quantitative Modeler – Interest Rate Models

At Fannie Mae, the inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of a collaborative team thriving in an energizing environment. Here, you will grow your career and help create access to affordable housing finance.

Job Description

As a valued colleague on our team, you will conduct theoretical and empirical research with public and proprietary data in the area of interest rate modeling. This may include term structure models, mortgage rate models and financial valuation of finance assets and derivatives. Additionally, you will collaborate with team members and provide analytical support to business users.

THE IMPACT YOU WILL MAKE

The Lead Quantitative Modeler – Interest Rate Models role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

• Lead teams in providing innovative, thorough, and practical solutions that support business strategies and initiatives and in conducting or assessing ad hoc quantitative analyses, modeling, or programming using SQL and Python.

• Utilizing data mining and/or statistical techniques to develop analytic insights, sound hypotheses, and informed recommendations. Identify opportunities to apply quantitative methods to improve business performance.

• Apply advanced skill, knowledge, and/or experience to complete modeling projects aligned with established company policies and industry-wide modeling practices.

• Contribute to developing validation or testing strategies and assessing the quality and risk of model methodologies, outputs, and processes and applying understanding of relevant business context to interpret model results, monitor performance, and assess risks.

• Communicate technical subject matter clearly and intuitively in both writing and speaking to team members, model risk counterparties and model users.

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

• Bachelor’s degree in Finance, Economics, Statistics, Mathematics, Physics, or a related quantitative field

• 4 years of proven experience in developing and implementing quantitative financial models

• Proficiency in a modern programming language such as Python

Desired Experiences

• Advanced degree in Quantitative Finance or a related quantitative field

• Solid understanding of quantitative finance methodologies and modeling techniques, such as option pricing theory, stochastic processes, and term structure modeling

• Excellent analytical, problem-solving, and communication skills, with the ability to translate complex technical concepts into actionable insights for non-technical stakeholders.

• Ability to work both independently and collaboratively in a team environment

Qualifications

Education:

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For most roles, employees are encouraged to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.

Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form.

The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here.

Requisition compensation:

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