Job Description

Job Opportunities At Freddie Mac

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.

Job Description:

Develop, use, and 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, validate, and evaluate model input, methodology, implementation, and output of models or analytic applications.

Lead data transformation activities for the companys portfolio and valuation.

Provide model use risk assessments based on findings.

Provide modeling and analytical assistance to a line of business or product area, functioning as a day-to-day technical expert.

Evaluate and manage risks associated with the companys models and/or model applications.

Perform detailed model reviews, establishing performance thresholds, researching model approaches, and creating alternative models and other means.

Explain to stakeholders how a model and model process operate, what risks are inherent in the model or model process, and what controls exist to mitigate those risks.

Interact with senior customer personnel on significant technical matters frequently requiring coordination across organizational lines.

Other duties as assigned.

Position is eligible for part-time telecommuting.

Job Requirements:

Masters degree or foreign equivalent in mathematics, physics, engineering, data science, or computer science, or a related quantitative discipline and four (4) years of experience with economic and/or financial modeling. Experience must include:

• 4 years of experience with modern econometric estimation techniques; and
• 4 years of experience programming in Python and Matlab.

OR

Ph.D. or foreign equivalent in mathematics, physics, engineering, data science, or computer science, or a related quantitative discipline and two (2) years of experience with economic and/or financial modeling. Experience must include:

• 2 years of experience with modern econometric estimation techniques; and
• 2 years of experience programming in Python and Matlab.

*Will accept educational equivalency evaluation prepared by qualified evaluation service.

References required.

40 hours per week 8:45 AM to 5:15 PM.

Work location: 8200 Jones Branch Drive, McLean, VA 22102. Position eligible for part-time telecommuting.

If interested, submit resume or curriculum vitae via email to: im_jobs@freddiemac.com & reference #23-013.

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.

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.

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.

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