Quantitative Analytics Professional A
Role details
Job location
Tech stack
Job description
- Develop and/or 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 strategies to analyze and interpret output of models or analytic applications, which assess things such as default losses and required capital of the portfolio.
- Plan, execute, and document analysis of complex financial models and provide support to the use of model applications.
- May provide portfolio risk assessments based on findings. May 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.
- May perform detailed model validation reviews, establishing performance thresholds, researching model approaches, creating alternative models and other means.
- Provide innovative, thorough, and practical solutions to an extensive range of demanding problems, including analyses of relative value.
- Position may be eligible for part-time telecommuting.
Requirements
Master's degree or foreign equivalent degree* in Applied mathematics, economics, physics, finance, business analytics, engineering, statistics, computer science, or related quantitative discipline.
Must have demonstrated knowledge** of:
(1) Using and applying predictive modeling standard principles, theories, concepts, and techniques;
(2) Programming in SAS, Python, or R; and
(3) Mortgage portfolio credit risk.
*Any combination of education that has been evaluated by a professional credentials evaluation service to be the academic equivalent of a U.S. degree will be accepted.
**Demonstrated knowledge can be established through coursework, training, or work experience.
40 hours per week 8:45 AM to 5:15 PM.
Benefits & conditions
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.
This position has an annualized market-based salary range of $105,000 - $157,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.