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Quantitative Analytics Senior
Freddie Mac
Mc Lean, VA, United States
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Position Overview
Freddie Mac’s SF Housing Analysis and Research Group is currently seeking a Quantitative Analytics Senior in the Modeling & Methods Department.
Your Work Falls Into These Primary Categories
Model Development
•Develop and/or analyze quantitative models that assess the market, credit and/or operational risks of new and existing financial and mortgage products or portfolios to support business and risk decisions. Develop strategies to analyze and interpret output of models or analytic applications, which assess things such as relative risks of each product within the portfolio.
•Plan, execute, and document analysis of complex financial models. May provide portfolio risk assessments based on findings. May provide modeling and analytical assistance to a line of business or product area, functioning as day-to-day technical expert. Evaluate and manage risks associated with the company's models, including models of defaults, security valuation, prepayments, loan scoring and others
Technical Validation and Analysis
•May perform detailed model validation reviews, establishing performance thresholds, researching model approaches, creating alternative models and other means. Provide innovative, thorough and practical solutions to an extensive range of demanding problems, including analyses of relative value. Technically and quantitatively oriented with a degree commensurate with level in applied mathematics, economics, physics or statistics, as well as strong background in computer science or econometrics. Employs extensive professional expertise as a generalist or specialist
•Develops resolutions to complex problems that require the frequent use of ingenuity and creativity. Work is accomplished without appreciable direction. Exerts considerable latitude in determining technical objectives of assignment. Serves as the organization spokesperson on specialized projects or programs
•Acts as counselor to top management and customers on advanced technical research studies and applications.
•Develop model performance metrics, monitor and report model performance
•Make expert recommendations to Senior Management about proposed new models or model changes, and advise them on quantitative and theoretical issues
Qualifications
• PhD (or Master's degree with equivalent work experience) in quantitative finance, statistics or a related quantitative field.
• Coursework or work experience applying predictive modeling techniques from finance, statistics, mathematics, data science, and computer programming to large data sets. Qualifying coursework may include--but is not limited to—statistics, mathematical programming, optimization, machine learning, computational methods, design and analysis of algorithms, Bayesian methods, derivatives, and Monte Carlo methods/modeling.
• Coursework or work experience writing statistical and/or optimization programs to develop models and algorithms. Programming languages may include--but are not limited to--Python, R, SQL, Java, SAS, and MATLAB.
Key to Success in this Role
• Strong statistical/econometric modeling skills
• Programming skills in one or more of SAS, R, C, C++, Python, MATLAB or related languages
• Experience developing and/or validating models used in the real estate industry
• Strong analytical skills with orientation to detail
• Excellent writing and presentation skills and strong interpersonal, business partnering and communication skills
Top 3 Personal Competencies to possess
• Drive for Execution
• Customer Focus
• Growth & Development
Closing Statement
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others. Freddie Mac is an equal opportunity and top diversity employer. EOE, M/F/D/V.