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You will be updated with latest job alerts via emailAt Freddie Mac you will do important work to build a better housing finance system and youll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.
Are you curious entrepreneurial and analytical Do you enjoy solving complex realworld problems with advanced quantitative techniques Freddie Macs Multifamily Modeling team is looking for creative and forwardthinking individuals like you! As a Quantitative Analytics Senior you will be responsible for developing and managing quantitative models delivering analytics and creating methodologies to support decisionmaking and risk management within the $450Bn Multifamily business. This role requires expertise in tackling complex business challenges and providing viable solutions.
The successful candidate will play a critical role in developing implementing and managing advanced (statistical/econometrics/machine learning) models that drive our business decisionmaking and risk management strategies.
Our team is responsible for developing models and conducting quantitative analysis to support MF business across all business lines. We are committed to delivering toptier solutions through innovative modeling techniques and robust advanced data analysis.
We are also responsible for Multifamily data analytics regulatory capital stress testing and business initiatives. This is an increasingly critical role given our focus on safety and soundness in multifamily business as well as the emerging risk management under the dynamical market environment.
Design and develop methodologies for property valuation and credit risk analysis of the Multifamily portfolio and related securities.
Develop and implement advanced quantitative (statistical/econometrics/machine learning) models using common programming languages (Python/R) create model prototypes for testing and specification and modify existing program source code as needed.
Apply quantitative skills including data science to offer analytical support across various multifamily business functions.
Create technical documentation to support both internal and external reviews
Work independently with minimal direction to identify and develop solutions.
Support model governance activities to ensure full compliance with regulatory and corporate standards.
Doctorate degree (or Masters degree with equivalent work experience) in quantitative finance economics statistics data science or a related quantitative field.
Coursework or work experience applying quantitative modeling techniques from finance economics statistics mathematics data science machine learning and computer programming to large data sets. Qualifying coursework may includebut is not limited toeconometrics 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 quantitative and modular programming to develop models and algorithms. Programming languages may includebut are not limited toPython R SQL and Java.
Knowledge of mortgage finance is preferred.
Expertise in econometrics and machine learning is a plus.
Diligent with strong problemsolving and communication skills
Ability to multitask and work efficiently under tight deadlines.
Ability to translate business requirements into welldefined analytical problems and translate the analytical results back into business language.
Building positive relationship across business divisions and lines of defense.
Clear and concise writing and presentation ability.
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 youll 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 Macs business. This includes employee commitment to our acceptable use policy applying a vigilancefirst 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 and register with our referral code: MAC.
Timetype:Full timeFLSA Status:ExemptFreddie Mac offers a comprehensive total rewards package to include competitive compensation and marketleading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized marketbased salary range of $125000 $187000 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.Required Experience:
Senior IC
Full-Time