Quantitative Analytics Sr
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 relative risks of each product within the portfolio.
- Plan, execute, and document analysis of complex financial models.
- 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, establish performance thresholds, research model approaches, create alternative models and other means.
- Provide innovative, thorough, and practical solutions to an extensive range of demanding problems, including analyses of relative value.
- Apply technical and quantitative knowledge of applied mathematics, economics, or statistics, leveraging a strong background in computer science or econometrics.
- Provide resolutions to an extensive range of complicated problems. Solutions are innovative, thorough, and practicable.
- Work under limited direction. Independently determine and develop approach to solutions. Work isevaluated upon completion for adequacy in satisfying objectives.
- Represent the organization as the principal customer contact on contracts and often performs project leadership role.
- Interact with senior customer personnel on significant technical matters frequently requiring coordination across organizational lines.
- Position may be eligible for part-time telecommuting.
Requirements
Ph.D. or foreign equivalent* in statistics, mathematics, economics, finance, or a closely related quantitative discipline and demonstrated knowledge** in each of the following:
- Economic and/or financial modeling, including modern econometric/statistics estimation techniques;
- Programming in SQL, SAS, R, and Matlab; and
- Eorking with large data sets.
*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 coursework, training, and/or experience.
OR
Master's degree or foreign equivalent* in statistics, mathematics, economics, finance, or a closely related quantitative discipline and 3 years of experience in each of the following:
- Economic and/or financial modeling, including experience with modern econometric/statistics estimation techniques;
- Programming in SQL, SAS, R, and Matlab; and
- Working with large data sets.
*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.
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 $126,000 - $190,000 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.