Financial Model Development Professional

Freddie Mac•McLean, VA

2d•$109,000 - $163,000

About The Position

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s 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 a Professional Financial Model Developer to join our team and contribute to an enterprise forecasting platform that supports long-term financial projections, enabling strategic planning and informed decision-making. In 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 outputs. In 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

Requirements

At least 2-4 years of hands-on software development experience using a modern programming language (e.g., Python, Java).
2–4 years of experience using Git for source control in a team-based development environment.
2–4 years of experience with SQL and relational database development.
1–2 years of experience with containerization and orchestration technologies (e.g., Docker, Podman, Kubernetes).
Proficiency with shell scripting for automation, troubleshooting, and operational support.
2–3 years of experience with unit testing frameworks (e.g., Pytest, JUnit) and implementing automated test coverage.
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.

Nice To Haves

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 team’s technical practices
Ability to quickly learn, apply and deploy new technologies to solve emerging problems

Responsibilities

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

Benefits

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 $109,000 - $163,000 and is eligible to participate in the annual incentive program.

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