Quantitative Analytics Professional A

Freddie Mac

23h•Hybrid

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. 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 default losses and required capital of the portfolio. Plan, execute, and document analysis of complex financial models and provide support to the use of model applications. 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 company's models, including models of defaults, security valuation, prepayments, loan scoring and others. May perform detailed model validation reviews, establishing performance thresholds, researching model approaches, creating alternative models and other means. Provide innovative, thorough, and practical solutions to an extensive range of demanding problems, including analyses of relative value.

Requirements

Master’s degree or foreign equivalent degree in Applied mathematics, economics, physics, finance, business analytics, engineering, statistics, computer science, or related quantitative discipline.
Demonstrated knowledge of: (1) Using and applying predictive modeling standard principles, theories, concepts, and techniques
Demonstrated knowledge of: (2) Programming in SAS, Python, or R
Demonstrated knowledge of: (3) Mortgage portfolio credit risk

Responsibilities

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 default losses and required capital of the portfolio.
Plan, execute, and document analysis of complex financial models and provide support to the use of model applications.
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 company's models, including models of defaults, security valuation, prepayments, loan scoring and others.
May perform detailed model validation reviews, establishing performance thresholds, researching model approaches, creating alternative models and other means.
Provide innovative, thorough, and practical solutions to an extensive range of demanding problems, including analyses of relative value.