Single-Family Financial Forecasting Modeling Senior

Freddie Mac•McLean, VA

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 The Single-Family Financial Forecasting Modeling Senior plays a critical role in supporting the Financial Planning and Analyis team by providing critical support for financial forecasting, including new business assumptions, analysis of forecast and actual results, forecast and actual reporting of Income Statement, Balance Sheet, and Capital. This position requires a confident, self-motivated professional with strong analytical, financial modeling, project management and communication skills. The Senior will work cross-functionally with Finance, Single Family Business Functions and other lines of business to ensure accurate forecasting, reporting, among other adhoc requests. Our Impact The Financial Forecasting and Reporting Team is responsible for the consolidation of the Single-Family segment Income Statement, Balance Sheet and Capital forecasting and actual results, reporting and analytics on a monthly, quarterly and annual basis. In addition, the team supports the quarterly and annual external reporting submissions of the 10K/10Q and Press Release. Our central role is to be a close and reliable partner to senior management, the Single-Family business, support Board and FHFA related reporting and analysis. The Finanical Forecasting and Reporting Team reports to the VP of Single-Family Financial Planning and Analysis. This is a great opportunity to join and be part of a results driven team that will support critical forecasting and actual analysis and reporting of Income Statement, Balance Sheet and Capital results. Your Impact As Single-Family Financial Forecasting Modeling Senior you will: Support the monthly, quarterly and annual development of new business assumptions; Collaborate with the SF Business units to gather relevant input and data to ensure alignment with business views Create and interpret analysis and reports used internally and externally to understand and explain SF segment results of Income Statement, Balance Sheet and Capital Assist in preparation of the forecasts for all monthly, quarterly, annual and multi-year business planning cycles across a range of scenarios including Annual Business Plan, regulatory stress testing (DFAST), Capital Planning and Performance Loss Appetite cycles, partnering with the business and finance teams Support the review, understanding and update of reporting policies and procedures to align with internal and regulatory guidance; Ensure governance frameworks process flows, risk and controls are current and reflect changes in business strategy, models, or regulatory requirements Gain in-depth understanding of source data and related controls to ensure integrity of reporting and analysis Communicate results clearly to internal customers Develop and demonstrate subject matter expertise in various aspects of the Single Family segment and business results Apply a consistent and mature understanding of standard risk management and controls assurance principles, theories, concepts, and techniques Support ad hoc analysis and reporting needs

Requirements

5-7 years of related experience in financial forecasting, reporting and analysis strongly preferred
Bachelor’s degree in Finance, Accounting, Economics, Business, Mathematics, or a related field required
Demonstrated quantitative, analytical and problem-solving skills, with attention to detail and high quality self-review of work products
Demonstrated ability to manage multiple priorities, meet rigorous deadlines, identify and escalate issues appropriately to supervisors and management, and assimilate constructive feedback
Effective communication and interpersonal skills, comfortable communicating with various levels of the organization
Ability to deliver positive change, influence and build strong relationships across different / divergent areas and stakeholders in complex organizations
General knowledge of mortgage and financial market dynamics, risks, and data

Nice To Haves

Organized, strategically focused, detail oriented and due diligence on deliverables, self-starter able to adapt to an evolving environment
Exceptionally strong analytical, project management, and communication skills; with the ability to work in a fast-paced team environment
Proven ability to learn new business concepts and skills quickly
Demonstrate the ability to build relationships across the Enterprise

Responsibilities

Support the monthly, quarterly and annual development of new business assumptions
Collaborate with the SF Business units to gather relevant input and data to ensure alignment with business views
Create and interpret analysis and reports used internally and externally to understand and explain SF segment results of Income Statement, Balance Sheet and Capital
Assist in preparation of the forecasts for all monthly, quarterly, annual and multi-year business planning cycles across a range of scenarios including Annual Business Plan, regulatory stress testing (DFAST), Capital Planning and Performance Loss Appetite cycles, partnering with the business and finance teams
Support the review, understanding and update of reporting policies and procedures to align with internal and regulatory guidance
Ensure governance frameworks process flows, risk and controls are current and reflect changes in business strategy, models, or regulatory requirements
Gain in-depth understanding of source data and related controls to ensure integrity of reporting and analysis
Communicate results clearly to internal customers
Develop and demonstrate subject matter expertise in various aspects of the Single Family segment and business results
Apply a consistent and mature understanding of standard risk management and controls assurance principles, theories, concepts, and techniques
Support ad hoc analysis and reporting needs