Quantitative Analytics Senior (Hybrid - 3 Days in Office)
Job Description
At Freddie Mac, you will do important work to build a better housing finance system and youāll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.
Position Overview:
Are you curious, entrepreneurial, and analytical? Do you like solving complex business problems and thrive on working in a team environment? Are you looking for an inclusive company culture? Freddie Macās Multifamily Modeling team needs creative, forward-thinking individuals like you! We want to hire individuals who seek out complex business challenges and develop viable solutions. The Quantitative Analytics Senior position is responsible for engaging the key Multifamily (MF) business partners to solve problems related to quantitative models, analytics and methodologies used for decision making and risk management in the $450Bn+ MF business.
Apply now and learn why thereās #MoreAtFreddieMac!
Our Impact:
The MF Modeling team includes the owners, developers, and executioners of all major Multifamily credit, market risk and business decision models/ tools. The MF Modeling team is responsible for developing, maintaining and implementing the MF models used in the management of the MF business, including the retained portfolio and securitized business.
The Model Execution team within the MF Modeling team is responsible for evaluation of emerging, systemic, concentration and idiosyncratic risks, performing ongoing monitoring and responsible for reviewing and socializing results with various superuser groups and the Freddie Mac leadership team. This is an increasingly critical role given our focus on safety and soundness in Multifamily business as well as the emerging risk management under the dynamic market environment.
Your Impact:
As a Quantitative Analytics Senior, you will:
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Develop methods and reports for effective model execution, monitoring, and business uses of MF core risk models, and evaluate emerging, systemic, concentration and idiosyncratic risks.
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Conduct research on enhancements of the existing models/ reports and apply industry best practices and techniques to meet various business needs.
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Implement statistical models in efficient software languages, code model prototypes for specific business uses, and modify source codes in the existing application.
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Conduct incremental testing to review the model performance and outputs, and develop written presentations to socialize with various business user groups and the Freddie Mac MF Leadership team.
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Providing innovative, detailed and practical solutions to an extensive range of demanding and complicated problems.
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Providing modeling and analytical support to a line of business or product area, functioning as day-to-day specialist.
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Prepare documentation for the technical analyses and rationale through the model execution to comply with model oversight and support model review for approval.
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Actively engage and build strong working relationships with various team members across three lines of defense.
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Work under limited direction, independently resolve and develop approach to solutions.
Qualifications:
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Doctorate degree, or Masterās degree with 3 years of equivalent work experience, in quantitative finance, statistics, economics or a related quantitative field
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Coursework or work experience applying predictive modeling techniques from finance, statistics, mathematics, data science, or computer programming to large data sets. Qualifying coursework may includeābut is not limited toāstatistics, mathematical programming, optimization, machine learning, computational methods, design and analysis of algorithms, Bayesian methods, derivatives, or Monte Carlo methods
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Coursework or work experience writing statistical or optimization programs to develop models and algorithms. Programming languages may includeābut are not limited toāSAS, Python, R, SQL, Java, or MATLAB
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Strong analytical and conceptual problem-solving skills with a high level of attention to detail
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Excellent interpersonal and communication skills, particularly written communication skills
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Selfāmotivated, with the capability of managing multiple priorities and efficient in proposing solutions
Keys to Success in this Role:
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Strong consultation, presentation, and communication skills
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Ability to succinctly describe complex technical scenarios in simple, easily understood terms
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Exceptional quantitative and analytics skills
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Strong knowledge of statistical models, tools and techniques, and programming skills
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Effective interpersonal skills including the ability to collaborate successfully with other team members
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Deep curiosity to learn about new analytical tools and multifamily business
Current Freddie Mac employees please apply through the internal career site.
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 youāll do important work for the housing finance system and make a difference in the lives of others.
We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Exempt
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 $118,000 - $178,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.
Date Posted
10/05/2024
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