Financial Model Developer, Professional
McLean, MD - USA
Job Summary
At Freddie Mac our mission of Making Home Possible is what motivates us and its 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:
The Financial Model Developer will design build validate and maintain the high-performance cash flow models and supporting calculation library used across the Investments and Capital Markets (I&CM) division. This role supports Freddie Macs retained portfolio interest-rate hedging and securitization activities by delivering scalable fault-tolerant and well-governed quantitative models for valuation risk management and financial capital forecasting.
Our Impact:
The Investments and Capital Markets (I&CM) division is responsible for managing the retained portfolio as well as Freddie Macs debt funding liquidity management and interest-rate hedging. The division is also responsible for I&CM securitization. Our team develops the core cash flow calculation library and the models that drive these calculations. The library is used by multiple applications for valuation and risk management of Freddies portfolios as well as financial capital forecasting.
Your Impact:
Design build validate and maintain high-performance scalable and fault-tolerant financial models to support strategic planning investment decisions forecasting valuation and performance reporting. This role partners with Finance FP&A Strategy and business stakeholders to translate business requirements into robust auditable and scalable models.
Develop and maintain financial models for cash flow forecasting capital planning scenario analysis and valuation.
Translate business requirements into model structures assumptions and outputs.
Validate model implementation accuracy through reconciliation.
Develop and maintain automated test suites in Python (unit regression and integration tests) to ensure numerical correctness reproducibility and robust model governance.
Maintain version control documentation and change logs; ensure models meet internal governance standards.
Continuously improve model architecture computational efficiency and technical quality (e.g. refactoring numerical methods documentation) to increase business impact and reduce model risk.
Partner with application teams to ensure our quantitative library is properly integrated into production systems.
Support ad hoc analyses as needed.
Qualifications:
Bachelors of Science in Computer Science Information Systems or equivalent work experience.
At least 2 years of experience developing production software.
Programming experience developing and testing with C Python or Java.
Solid quantitative skills (statistics econometrics algebra).
Experience writing automated unit integration regression performance and acceptance tests.
Keys to Success in this Role:
Passion for hands-on programming.
Strong math and analytical skills and a strong interest in growing financial knowledge.
Desire to work across all aspects of the software development lifecycle: requirements gathering design development testing and operations.
Strong collaboration and communication skills (both written and verbal).
Desire to continuously improve the teams technical practices.
Ability to quickly learn apply and deploy new technologies to solve emerging problems.
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 Macs 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 and register with our referral code: MAC.
Time-type:Full timeFLSA Status:Non-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 $109000 - $163000 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:
Unclear Seniority
About Company
We are supporting America's homeowners and renters while serving as a stabilizing force in the U.S. housing finance system.