Quantitative Analytics Professional A

Freddie Mac•McLean, VA

1d•Hybrid

About The Position

At Freddie Mac, the mission of Making Home Possible motivates the organization, which has made home possible for over 90 million families since 1970. This role involves developing and/or analyzing quantitative models to assess market, credit, and operational risks of financial and mortgage products or portfolios, supporting business and risk decisions. The professional will develop strategies to analyze and interpret model outputs, such as default losses and required capital. Responsibilities include planning, executing, and documenting analyses of complex financial models, providing support for model applications, and potentially offering portfolio risk assessments. The position may also involve providing modeling and analytical assistance as a day-to-day technical expert to a line of business or product area. A key aspect is evaluating and managing risks associated with company models, including those for defaults, security valuation, prepayments, and loan scoring. This may include performing detailed model validation reviews, setting performance thresholds, researching model approaches, and creating alternative models. The role requires providing innovative, thorough, and practical solutions to demanding problems, including relative value analyses. The position may be eligible for part-time telecommuting.

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.
Demonstrated knowledge can be established through coursework, training, or work experience.

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.