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:The role is for SF portfolio regulatory capital forecasting modeling team. The position will be tasked with model development, data processing, implementation testing, ongoing monitoring reports, analytical support to capital forecasting results and other ad-hoc analysis. Apply now and learn why there’s #MoreAtFreddieMac!
Our Impact:Our team is responsible for SF credit risk ERCF capital methodology, implementation, and capital forecasting models that are used by corporate-wide scenario forecasting process such as Risk Appetite, DFAST/Capital Planning, Annual Business Planning, CRT strategies and deal economics, etc.
Your Impact:Support the development of ERCF capital framework, including the evaluation of various approaches for stress scenarios, our use of models, and integration in business decision-making.
Conduct UAT from upstream model changes, implementation testing of capital forecasting model changes, and data analytics on SF portfolio credit risk, enhance modeling methodology, perform ongoing monitoring reports, coordinate with multiple divisions on running models and explain results/trends.
Lead ad-hoc analysis, data querying and reporting needs.
Qualifications:Doctorate degree (or Master's degree with equivalent work experience) in quantitative finance, statistics, economics, 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, computational methods, design and analysis of algorithms, Bayesian methods, derivatives, and Monte Carlo methods/modeling, machine learning.
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.
Keys to Success in this Role:Strong oral and written communication skills with ability to succinctly describe complex technical details in simple and easily-understood terms.
Excellent analytical thinking and problem-solving skills and capability of researching on challenging tasks and actively looking for solutions.
Deep curiosity to learn new analytical tools and approaches
Good understanding of quantitative/statistical methods and familiarity with mortgage industry.
Ability to apply data to help inform strategy and direction.
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.
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 timeFLSA Status:ExemptFreddie 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 $118,000 - $178,000 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.