Quantitative Analytics Senior Fair Lending

Freddie Mac • McLean, VA

296d • $125,000 - $187,000

About The Position

At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation. Are you looking for an opportunity to put your technical skills to use working on advanced modeling challenges? Freddie Mac's Modeling, Econometrics, Data Science & Analytics Department is currently seeking a Quantitative Analytics Senior who will be responsible for the development and execution of quantitative analytics and modeling projects in support of Freddie Mac's fair lending activities. Apply now and learn why there's #MoreAtFreddieMac!

Requirements

• Doctorate degree, or Master degree with 3 years of equivalent work experience, in quantitative finance, statistics, economics or a related quantitative field.
• Coursework or work experience applying predictive modeling techniques from finance, statistics, mathematics, data science, or computer programming to large data sets.
• Coursework or work experience writing statistical or optimization programs to develop models and algorithms.
• Proficiency in programming languages such as SAS, Python, SQL or Unix.
• Experience working with large data sets and relational database.

Nice To Haves

• Exceptional quantitative and analytics skills.
• Strong knowledge of statistical models, tools and techniques.
• Strong programming skills.
• 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

• Developing analytical methods and models that assess the credit risk of new and existing financial and mortgage products.
• Conducting research on enhancements to the existing models, and applying industry best practices and techniques to meet various business needs.
• Providing innovative, detailed and practical solutions to an extensive range of demanding and complicated problems.
• Implementing statistical models in efficient software languages, coding model prototypes for specification and test cases, modifying source codes in the existing application.
• Coordinating the testing through the model implementation, conducting back tests to monitor the model performance, and performing economic tests and stress tests to validate the model forecast results.
• Providing modeling and analytical support to a line of business or product area, functioning as day-to-day technical specialist.
• Preparing documentation for the technical analytics and rationale through the model development to align with model oversight and support model review for approval.
• Working under limited direction, independently resolving and developing approach to solutions.

Benefits

• Competitive compensation and market-leading benefit programs.
• Annual incentive program.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Master's degree