Quantitative Analytics Sr
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.
Job Description
- Develop and/or analyze quantitative models that assess the market credit and/or operational risks of new and existing financial and mortgage products or portfolios to support business and risk decisions.
- Develop strategies to analyze and interpret output of models or analytic applications which assess things such as relative risks of each product within the portfolio.
- Plan execute and document analysis of complex financial models.
- May provide portfolio risk assessments based on findings.
- May provide modeling and analytical assistance to a line of business or product area functioning as day-to-day technical expert.
- Evaluate and manage risks associated with the companys models including models of defaults security valuation prepayments loan scoring and others.
- May perform detailed model validation reviews establish performance thresholds research model approaches create alternative models and other means.
- Provide innovative thorough and practical solutions to an extensive range of demanding problems including analyses of relative value.
- Apply technical and quantitative knowledge of applied mathematics economics or statistics leveraging a strong background in computer science or econometrics.
- Provide resolutions to an extensive range of complicated problems. Solutions are innovative thorough and practicable.
- Work under limited direction. Independently determine and develop approach to solutions. Work isevaluated upon completion for adequacy in satisfying objectives.
- Represent the organization as the principal customer contact on contracts and often performs project leadership role.
- Interact with senior customer personnel on significant technical matters frequently requiring coordination across organizational lines.
- Position may be eligible for part-time telecommuting.
Job Requirements
Ph.D. or foreign equivalent* in statistics mathematics economics finance or a closely related quantitative discipline and demonstrated knowledge** in each of the following:
- Economic and/or financial modeling including modern econometric/statistics estimation techniques;
- Programming in SQL SAS R and Matlab; and
- Eorking with large data sets.
*Employer will accept any combination of education that has been evaluated by a professional credentials evaluation service to be the equivalent of a U.S. degree.
**Knowledge may be demonstrated through coursework training and/or experience.
OR
Masters degree or foreign equivalent* in statistics mathematics economics finance or a closely related quantitative discipline and 3 years of experience in each of the following:
- Economic and/or financial modeling including experience with modern econometric/statistics estimation techniques;
- Programming in SQL SAS R and Matlab; and
- Working with large data sets.
*Employer will accept any combination of education that has been evaluated by a professional credentials evaluation service to be the equivalent of a U.S. degree.
40 hours per week 8:45 AM to 5:15 PM.
Work location: 8200 Jones Branch Drive McLean VA 22102
If interested submit resume or curriculum vitae via email to: & reference #23-054. #LI-DNI
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: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 $126000 - $190000 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
About Company
We are supporting America's homeowners and renters while serving as a stabilizing force in the U.S. housing finance system.