Quantitative Modeling –Interest Rate Modeling- Advisor

The Fannie Mae; United States; On-site; USD 155,000 - 209,000; Full time

Benefits offered by this job

Incentive program eligibility

Comprehensive benefits package

Job summary

Fannie Mae in the United States seeks a seasoned Quantitative Modeling - Interest Rate Modeling - Advisor to apply advanced modeling techniques to the area of interest rate models, derivatives valuation, and hedge accounting. You will develop prototypes and move them to production, perform ad-hoc analyses, and monitor models.

The role requires 6+ years in rate modeling/derivatives, a strong track record designing financial models, and a willingness to embrace AI and new technologies to reimagine

Qualifications

• 6 years industry experience in interest rate modeling, derivatives valuation, hedge accounting or mortgage rate models.
• Experience designing and building financial models.
• Curious and adaptable, able to apply new technologies including AI to reimagine workflows.

Responsibilities

• Model development cycle from prototype to production testing.
• User ad-hoc analysis.
• Ongoing monitoring of models.

Skills

Python

Education

Bachelor's Degree

Job description

Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

Job Description

As a valued contributor to our team, you will apply extensive knowledge of principles, advanced techniques, and theories to conduct theoretical and empirical research with public and proprietary data in the area of investment and capital market and hedge accounting. The modeler should demonstrate in-depth in one or more of the following areas: interest rate modeling including term structure, curve construction and derivatives valuation or/and future potential exposure for derivatives or/and hedge evaluation for hedge accounting.

THE IMPACT YOU WILL MAKE

The Quantitative Modeling -Interest Rate Modeling- Advisor role will serve as a subject expert in one or more of the key modeling areas related to interest rate models. The Quantitative Modeling -Interest Rate Modeling- Advisor role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

• The model development cycle, from prototype research and development to production implementation testing
• User ad-hoc analysis
• On-going monitoring

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences:

• 6 years Industry experience in one of the following: interest rate term structure, derivatives valuation, hedge accounting or mortgage rate models
• Experience in designing and building financial models
• Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work.

Desired Experiences:

• Doctorate degree in a highly quantitative field.
• Demonstrated experience in building models for derivatives valuation and/or term structures
• Knowledge of Stochastic Calculus
• Experience in supporting business users
• Experience with model validation

Target Pay Range

$155,000.00 - 209,000.00 a year

Internal Job Title

Enterprise Modeling and Analytics - Quantitative Modeling - Advisor

Qualifications

• Python (Programming Language)
• Education: Bachelor's Level Degree (Required)

Work Location & Remote Policy

For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.

EEO / DEI Statement

Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor.

Reasonable Accommodations

Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company.

Incentive Program Eligibility

This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program).

Benefits

As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being.

Requisition Compensation

155000 to 209000

Additional Information

Tackle Americas biggest housing challenges using the latest technology and AI, while collaborating with experts in their fields. Join our energizing environment—you’re invited to apply. Join our talent community to be the first to hear about happenings at Fannie Mae and share your experience to hear about potential job opportunities for you. As a Fortune 25 company, Fannie Mae expands access to housing across America. Powered by the latest tech and AI, our innovative products and services drive the mortgage industry forward. We believe that prioritizing our people’s growth and success is essential to achieving our business goals and fulfilling our purpose.