Quantitative Analytics Professional

Freddie Mac • Mclean, VA

27d • $101,000 - $151,000

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: Freddie Mac's Enterprise Model Risk Management group is currently seeking a Quantitative Analytics Professional to work on validation of Investments & Capital Market (I&CM) models that support key business and risk decisions. Our Impact: Freddie Mac is leading the U.S housing market forward by making homeownership and rental housing more accessible and affordable. Your Impact: Responsible for validating I&CM Models that include interest rate, mortgage rate and derivative models per applicable Freddie Mac Policy and Standards and Regulatory requirements. Effectively interact with team members of model validators as well as model developers and model users for model validations. Perform thoughtful analytics to support model validation activities. Research latest and emerging techniques to facilitate model validation. Clearly articulate complex data analyses and research results to both technical and non-technical audiences. Write effective documentation to explain model validation testing and results.

Requirements

• Master's degree with equivalent work experience in quantitative fields such as mathematics, financial engineering, physics, quantitative finance.
• Coursework or work experience leading to proficiency in programming languages-but are not limited to-Python, R, SQL, Java, SAS, and MATLAB.
• Familiar with fixed incomes and derivatives concepts.
• Exceptional quantitative and analytics skills
• Strong technical skills in processing data and programming
• Rigorous attention to detail
• Ability to learn and interpret new concepts quickly
• Effective interpersonal skills including the ability to collaborate successfully with other team members.
• Strong oral and written communication skills with ability to succinctly describe complex technical scenarios in simple, easily-understood terms.

Responsibilities

• Responsible for validating I&CM Models that include interest rate, mortgage rate and derivative models per applicable Freddie Mac Policy and Standards and Regulatory requirements.
• Effectively interact with team members of model validators as well as model developers and model users for model validations.
• Perform thoughtful analytics to support model validation activities.
• Research latest and emerging techniques to facilitate model validation.
• Clearly articulate complex data analyses and research results to both technical and non-technical audiences.
• Write effective documentation to explain model validation testing and results.

Benefits

• Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs.
• This position has an annualized market-based salary range of $101,000 - $151,000 and is eligible to participate in the annual incentive program.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 5,001-10,000 employees