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Quantitative Analytics Sr
Freddie Mac
Mc Lean, VA, United States
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Position Overview
Freddie Mac’s Enterprise Risk Management Division is currently seeking a Model Validation Senior to perform all tasks related to model reviews to evaluate and manage model risks associated with company’s capital market models. The objective of the role is to create and execute a complete model validation within the Enterprise Model Risk group with the purpose of enhancing a consistent model review process.
Your Work Falls into Two Primary Categories:
Technical Validation
• Conduct technical validation of Freddie models, including writing a detailed model validation report.
Model Governance
• Follow model governance procedures and requirements.
• Remediate regulatory findings and address audit feedback
Qualifications
• PhD in quantitative finance, statistics or a related quantitative field; or Master's degree with equivalent work experience
• 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.
Keys to success in this role
• Strong written and verbal communication skills
• Strong modeling and analytical skills
• Knowledge of capital markets
Top 3 Personal Competencies to possess
• Leadership – Set and execute upon a clear vision, strategy, and/or goals
• Drive for Execution – Be accountable for strong individual and team performance
• Growth and Development – Know or learn what is needed to deliver results and successfully compete
Preferred Skills
• Work experience in capital markets, either in derivatives or mortgage valuation
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.