Quantitative Risk Analysis Senior - Mortgage Credit Risk

Freddie Mac • McLean, VA

1d • $133,000 - $199,000

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: Come join a growing team of strategists and problem solvers in Freddie Mac’s Single-Family Acquisitions SF Business Analytic (SFBA) team. Analytics, reporting, and the identification of emerging risks from our newly purchased loan portfolio are critical to Freddie Mac’s success and overall risk mitigation strategies Bring together business partners and identify emerging industry trends in a fast-paced, exciting and diverse work environment Our Impact: Our division is responsible for keeping our finger on the pulse of the mortgages we buy and their performance, ensuring that they remain within the firm’s risk appetite Your Impact: Enhance and implement comprehensive analytical frameworks to measure credit risk and performance of new or existing policies/products/programs by using data and business expertise Provide analytical insights by leveraging machine learning or other related quantitative skills Automate processes to monitor emerging risk effectively and efficiently Develop subject matter expertise knowledge about Freddie Single-Family data and the Seller/Servicer Guide and independently extract data to support analytics

Requirements

• Bachelor's Degree in Quantitative Finance, Statistics, Mathematics, Economics, or a related quantitative field (Master’s degree preferred) and 5+ years of relevant experience
• 5+ years of experience applying data analytical skills to solve business problems with large data sets
• Experience writing statistical or optimization programs to develop models, algorithms and/or to conduct data analytics on large data sets
• Proficiency in programming languages such as SQL (required), Python (preferred) and/or SAS
• Solid understanding of risk, credit, and the mortgage life cycle.
• Strong quantitative, analytical, and problem-solving skills
• Strong experience with visualization tool including Tableau or PowerBI

Nice To Haves

• Excellent quantitative, analytical, problem-solving, critical thinking and communication skills
• Excellent presentation skills both verbal and written
• Deep curiosity about new trends and topics in mortgage products and credit risk
• Proven ability to analyze risk using quantitative and qualitative information, outstanding analytical, technical, and problem-solving skills
• Ability to explore and leverage new technical skills as need

Responsibilities

• Enhance and implement comprehensive analytical frameworks to measure credit risk and performance of new or existing policies/products/programs by using data and business expertise
• Provide analytical insights by leveraging machine learning or other related quantitative skills
• Automate processes to monitor emerging risk effectively and efficiently
• Develop subject matter expertise knowledge about Freddie Single-Family data and the Seller/Servicer Guide and independently extract data to support analytics

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.
• This position has an annualized market-based salary range of $133,000 - $199,000 and is eligible to participate in the annual incentive program.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level