Senior Quantitative Modeler

The Fannie Mae; Washington (District of Columbia); Hybrid; USD 123,000 - 161,000; Full time

Benefits offered by this job

Health insurance

Life insurance

Voluntary lifestyle benefits

Job summary

The Fannie Mae is seeking a Senior Quantitative Modeler to conduct theoretical and empirical research on mortgage finance topics, including home price index estimation and forecasting, using SQL, R, or Python. The role emphasizes developing innovative analytical solutions and validating model methodologies within company policies.

Ideal candidates hold a bachelor’s degree with 2+ years of data analysis experience, plus proficiency in SQL, Python, GitHub, and AWS.

Qualifications

• Bachelor degree or equivalent in a quantitative field.
• 2+ years of data analysis and modeling experience.
• Experience with SQL, Python, GitHub, and AWS.

Responsibilities

• Apply mathematical, statistical, and econometric techniques to provide practical solutions.
• Complete modeling projects aligned with company policies and practices.
• Conduct or assess ad-hoc analyses, modeling, or programming using SQL, R, or Python.
• Use advanced data mining to develop insights, hypotheses, and recommendations.
• Identify opportunities to apply quantitative methods to improve performance.
• Implement validation and testing to assess model quality and risk.
• Communicate complex results clearly in reports and summaries.

Skills

Data analysis

Statistical modeling

Econometrics

Python programming

Education

Bachelor's degree

Postgraduate degree (statistics/physics/math)

Tools

SQL

Python

GitHub

AWS

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 DescriptionAs a valued colleague on our team, you will, under limited supervision, conduct theoretical and empirical research with public and proprietary data in the areas of mortgage finance business, including residential property valuation, home price index estimation, and home price forecasting .THE IMPACT YOU WILL MAKEThe Senior Quantitative Modeler 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:Apply moderately complex mathematical, statistical, and econometric techniques to provide innovative, thorough, and practical solutions that support business strategies and initiatives.Apply experience and skill to complete modeling projects aligned with established company policies and industry-wide modeling practices.Conduct or assess ad-hoc quantitative analyses, modeling, or programming using SQL, R, or Python. Utilize advanced data mining and/or statistical techniques to develop analytic insights, sound hypotheses, and informed recommendations.Identify opportunities to apply quantitative methods to improve business performance.Implement validation or testing strategies and assess the quality and risk of model methodologies, outputs, and processes.Apply understanding of relevant business context to interpret model results, monitor performance, and assess risks.Communicate complex technical subject matter clearly and concisely, both verbally and through written communication, such as white papers, review reports, or work papers.THE EXPERIENCE YOU BRING TO THE TEAMMinimum Required Experiences:Bachelor degree or equivalent2+ years of data analysis and modeling experienceShows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we workDesired Experiences:Post graduate degree or equivalent in the field of statistics, physics, or mathExperience with large data analysis and modelingPreparing technical documents on data analysis and resultsProficient in SQL, Python, GitHub, and AWSEnterprise Modeling and Analytics - Quantitative Modeling - Senior AssociateTarget Pay Range: $123,000 - $161,000 a year#LI-Hybrid #LI-ME1QualificationsEducation: Bachelor's Level Degree (Required)The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.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.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. 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. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form .The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). 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. See more here .Requisition compensation: 123000to 161000