Financial Model Development Professional

Freddie Mac

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profile Job Location:

McLean, MD - USA

profile Monthly Salary: $ 109000 - 163000
Posted on: 3 days ago
Vacancies: 1 Vacancy

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:

We are seeking aProfessional Financial Model Developerto join our team and contribute to an enterprise forecasting platform that supports long-term financial projections enabling strategic planning and informed this role you will develop and enhance core forecasting engine capabilities to improve model accuracy performance and scalability.

You will also support critical quarterly and annual production runs used in financial reporting ensuring the integrity accuracy and timely delivery of partnership with FP&A and other stakeholders you will implement new forecasting functionality enable scenario analysis and help meet evolving business and regulatory requirements.

Our Impact:

  • We build and maintain an enterprise forecasting platform that produces long-term financial projections used for strategic planning management decision-making and financial reporting.

  • We partner closely with FP&A and other stakeholders to translate business needs into forecasting capabilities including scenario analysis and enhancements driven by evolving business and regulatory requirements.

  • We continuously improve the forecasting engines to strengthen model accuracy performance and scalability enabling reliable results at enterprise scale.

  • We support high-visibility quarterly and annual production runs ensuring outputs are accurate complete and delivered on time through strong operational discipline and issue resolution.

  • We uphold high standards for model governance and platform quality to ensure forecast outputs are trusted auditable and fit for critical business use.

Your Impact:

  • Refactor and modernize existing components of the financial accounting and forecasting application to improve maintainability performance and scalability.

  • Develop and enhance core forecasting engine features to improve model accuracy runtime efficiency and enterprise readiness.

  • Support critical quarterly production runs for financial reporting by monitoring execution troubleshooting issues and ensuring integrity accuracy and timeliness of outputs.

  • Diagnose and resolve defects reduce technical debt and drive continuous improvements to ensure alignment with software engineering best practices.

  • Write clean robust high-quality code following best practices supported by automated unit and integration tests with strong coverage.

  • Coordinate with team members across different layers of the stack (data services APIs and infrastructure) to deliver end-to-end solutions.

  • Partner with FP&A and other stakeholders to implement new forecasting capabilities enable scenario analysis and meet evolving business and regulatory requirements.

  • Assist with infrastructure upgrades platform migrations and adoption of new technologies to improve reliability security and operational efficiency.

  • Contribute to design discussions code reviews and documentation; demonstrate a commitment to collaborative problem-solving thoughtful design and high-quality deliverables

Qualifications:

  • Technically and quantitatively oriented with a Masters degree in computer science Computational Finance or a directly related quantitative field.

  • At least 2-4 years of hands-on software development experience using a modern programming language (e.g. Python Java).

  • 24 years of experience using Git for source control in a team-based development environment.

  • 24 years of experience with SQL and relational database development.

  • 12 years of experience with containerization and orchestration technologies (e.g. Docker Podman Kubernetes).

  • Proficiency with shell scripting for automation troubleshooting and operational support.

  • 23 years of experience with unit testing frameworks (e.g. Pytest JUnit) and implementing automated test coverage.

  • Full use and application of standard principles theories concepts and techniques.

  • An understanding of fixed income concepts including duration convexity spread and option-adjusted spread (OAS).

  • Good oral and written communication skills

  • Strong critical thinking problem-solving skills business acumen and familiarity with Agile development processes.

Keys to Success in this Role:

  • Passionate about hands-on software development

  • A desire to work on 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 time

FLSA Status:Non-Exempt

Freddie 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

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 O...
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We are supporting America's homeowners and renters while serving as a stabilizing force in the U.S. housing finance system.

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