Freddie Mac

Freddie Mac

Quantitative Analytics Senior - House Price Index Modeling

McLean, VA · Senior · Full-time

Sponsorship not specified$126k-$190kDetected 26 days ago
PythonMATLABAlgorithmsSQLMachine LearningData ScienceStatisticsSASResearchCommunication

About the role

  • Apply now and learn why there's #MoreAtFreddieMac!

Responsibilities

  • Developing analytical methods and models about the collateral underlying the mortgages in Freddie Mac's portfolio.
  • Coordinating the testing through the model implementation, conducting back tests to monitor the model performance, and performing economic tests and stress tests to validate the model forecast results.
  • Providing modeling and analytical support to a line of business or product area, functioning as day-to-day technical specialist.
  • Preparing documentation for the technical analytics and rationale through the model development to comply with model oversight and support model review for approval.
  • Working under limited direction, independently resolving and developing approach to solutions.
  • Freddie Mac is leading the U.S housing market forward by making homeownership and rental housing more accessible and affordable. Our team develops robust, scalable models that support the Single-Family business by enabling critical, data-driven risk decisions.
  • Our team is responsible for developing house price index models for Freddie Mac.
  • Freddie Mac partners with BountyJobs for contingency search business through outside firms.

Requirements

  • Doctorate degree, or Master degree with 3 years of equivalent work experience, in quantitative finance, statistics, economics or a related quantitative field
  • Experience working with large data sets and relational database
  • Strong knowledge of statistical models, tools and techniques
  • Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
  • Coursework or work experience applying predictive modeling techniques from finance, statistics, mathematics, data science, or 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, or Monte Carlo methods
  • Coursework or work experience writing statistical or optimization programs to develop models and algorithms. Programming languages may include-but are not limited to-SAS, Python, R, SQL, and MATLAB
  • Keys to Success in this Role:
  • Exceptional quantitative and analytics skills
  • Strong programming skills
  • Strong communication skills
  • Current Freddie Mac employees please apply through the internal career site.
  • We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals 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.
  • A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

Nice to have

  • Experience in statistical model development and implementation is preferred
  • Experience with software development and system setup for model application is preferred

Compensation

  • This position has an annualized market-based salary range of $126,000 - $190,000 and is eligible to participate in the annual incentive program.

Benefits

  • If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
  • 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.

Company info

  • 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.
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This listing is sourced directly from Freddie Mac's careers page and normalized into a canonical job model.