Quantitative Analytics Senior

Freddie Mac•Mclean, VA

28d

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 Investment & Capital Markets (I&CM) Mortgage Assets & Risk Transfer Division is in search of a Quantitative Analytics Senior to join the Portfolio Performance Analytics (PPA) team. This role involves applying quantitative analytics to influence business strategy and decision making. The candidate will be part of the team who contributes to the development of innovative insights and tools aimed at streamlining mortgage portfolio analyses and informing critical business decisions. Our Impact: The PPA team operates within the I&CM division. We play a pivotal role in optimizing key decisions affecting the Single Family Guarantee and Retained Portfolio. Our responsibilities encompass defining performance risk metrics, creating scenarios, forecasting performance and providing business recommendations to enhance our portfolio risk management and returns. This involves portfolio simulation and scenario design, in-depth research and portfolio analytics on capital, credit and market risks, P&L, and corporate models. Your Impact: Conduct analytics on monitoring portfolio risk exposure through proper metrics, evaluating policy impacts on both existing and new portfolios over certain time horizons, and assessing influence of model updates on business use. Contribute to the design of business initiatives, and the development of new functionalities of internal application tools, by conducting in-depth research on data, P&L, model uses, and business executions. Collaborate and partner with various groups, spanning from data, modeling, financial engineering, and finance teams, to support the analytical needs. Help to provide up-to-date views of the portfolio performance under various economic scenarios. Produce standardized sensitivity reports including updating the library of scenarios, preparing parameter files, executing sensitivity runs, and generating finale reports.

Requirements

Doctorate degree or Master's degree +3 years relevant experience in economics, quantitative finance, statistics, or a related quantitative field
A deep understanding of credit risk, market risk, cash flow models, and the impact of mortgage credit and prepayment on mortgage valuations.
Ability to craft narratives around complex model, business or performance topics, leveraging visualization and dashboards
Ability to work collaboratively with cross-functional colleagues
Strong Python, SQL, SAS and Excel skills.

Nice To Haves

Preferred experience in developing/validating credit risk and market risk analytics, financial forecasting, and/or quantitative risk models.

Responsibilities

Conduct analytics on monitoring portfolio risk exposure through proper metrics, evaluating policy impacts on both existing and new portfolios over certain time horizons, and assessing influence of model updates on business use.
Contribute to the design of business initiatives, and the development of new functionalities of internal application tools, by conducting in-depth research on data, P&L, model uses, and business executions.
Collaborate and partner with various groups, spanning from data, modeling, financial engineering, and finance teams, to support the analytical needs.
Help to provide up-to-date views of the portfolio performance under various economic scenarios. Produce standardized sensitivity reports including updating the library of scenarios, preparing parameter files, executing sensitivity runs, and generating finale reports.

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.

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume