Quantitative Analytics Senior
About The Position
At Freddie Mac, the mission of Making Home Possible is a core motivator. Since its charter in 1970, Freddie Mac has made home possible for over 90 million families. This role is within Freddie Mac’s Single Family Division, seeking a Quantitative Analytics senior. The individual will be responsible for the development and execution of quantitative analytic models and applications to support business and risk decisions as part of the back-end modeling team within Single Family Modeling. Key areas include loan modification, short sale, foreclosure sale auction, distressed property valuation, and pricing. The team is responsible for developing Single Family portfolio credit risk management models in servicing and liquidation, directly applicable to the $3 trillion Single Family credit portfolio, delinquent loans, and distressed assets.
Requirements
- PhD in economics, finance, statistics, or a related quantitative discipline, or Master’s degree with 3+ years of relevant experience
- Strong expertise in predictive modeling, econometrics, optimization, machine learning, and/or Monte Carlo simulation methods
- Proficiency in one or more programming languages such as Python, R, C++, SQL, or SAS
- Ability to perform independent model development, data processing and cleaning
- Demonstrated knowledge of AI tools and technologies, with a strong commitment to continuous learning and staying up-to-date with advancements in artificial intelligence
Nice To Haves
- Training and experience with credit risk models
- Collaborative and professional approach working in a team setting
Responsibilities
- Developing analytical methods and models that assess the credit risk of new and existing financial and mortgage products
- Providing resolutions to an extensive range of complicated problems; solutions are innovative, thorough, and practicable
- Providing modeling and analytical support to a line of business or product area
- Working under limited direction, independently determining and developing approach to solutions
Benefits
- Comprehensive total rewards package
- Competitive compensation
- Market-leading benefit programs
- Annual incentive program eligibility
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
Ph.D. or professional degree
Number of Employees
1,001-5,000 employees
