Quantitative Analytics Professional A

Freddie Mac; McLean (VA); On-site; USD 141,000 - 173,000; Full time

Job summary

Freddie Mac is seeking a quantitative modeling professional to develop strategies for analyzing model outputs and financial applications. You will plan, execute, and document analyses of complex models, provide portfolio risk assessments, and support business lines with modeling expertise.

The role emphasizes applying advanced statistical and optimization methods, machine learning, and programming skills (Python, R, SQL, Java, SAS, MATLAB) to large data sets, with potential for part-time

Qualifications

• Master's degree or foreign equivalent in statistics, mathematics, economics, finance, or a closely related quantitative field.
• Experience applying predictive modeling to large data sets.
• Knowledge of Python, R, SQL, Java, SAS, or MATLAB.

Responsibilities

• Develop strategies to analyze and interpret the output of models or analytic applications.
• Plan, execute, and document analysis of complex financial models.
• Provide portfolio risk assessments and modeling assistance to business lines.
• Evaluate and manage risks associated with the company's models.

Skills

Predictive modeling

Statistics

Machine learning

Programming languages

Python

R

SQL

Java

SAS

Monte Carlo

Bayesian methods

Optimization

Education

Master's degree or foreign equivalent in statistics, mathematics, economics, finance, or closely related quantitative field

Job description

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 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. Provide portfolio risk assessments based on findings. 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. Provide innovative, thorough, and practical solutions to an extensive range of demanding problems, including analyses of relative value. Full use and application of standard principles, theories, concepts, and techniques. Primarily intra-organizational with occasional interorganizational and external customer contacts on routine matters. Position may be eligible for part-time telecommuting.

Job Requirements

Master's degree or foreign equivalent* in statistics, mathematics, economics, finance, or closely related quantitative field. Must have demonstrated knowledge** of the following skills:

• Using and applying predictive modeling techniques from finance, statistics, mathematics, data science, and computer programming to large data sets.
• Statistics, mathematical programming, optimization, machine learning, computational methods, design and analysis of algorithms, Bayesian methods, derivatives, and Monte Carlo methods/modeling.
• Writing statistical and/or optimization programs to develop models and algorithms.
• Programming languages, such as Python, R, SQL, Java, SAS, or MATLAB.

*Employer will accept any combination of education that has been evaluated by a professional credentials evaluation service to be the equivalent of a U.S. degree.

**Knowledge may be demonstrated through education, training, and/or experience.

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

Work location: 8200 Jones Branch Drive, McLean, VA 22102.

This position has a prevailing wage of $157,010.00 and is eligible to participate in the annual incentive program.

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.

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Time-type:Full timeFLSA Status:Non-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.