• Job Description

  Req#: JR10805

  At Freddie Mac, you will do important work to build a better housing finance system and you’ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

  Position Overview:

  Freddie Mac’s Enterprise Credit Risk Management group is currently seeking a Quantitative Analytics Director to develop and analyze quantitative models that assess the credit risks of new and existing financial and mortgage products or portfolios to support business and risk decisions. Apply now and learn about our excellent benefits and why there’s #MoreAtFreddieMac!

  Our Impact:

  Freddie Mac is leading the U.S housing market forward by making homeownership and rental housing more accessible and affordable.

  Your Impact:

  • Evaluate and manage risks associated with the company's models, including models of defaults, prepayments, HPA, property valuation and others. May perform detailed model assessment, establishing performance thresholds, researching model approaches, crafting alternative models and other means. Provide innovative, detailed and practical solutions to an extensive range of demanding problems, including analyses of relative value.

  • 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, implement, and document analysis of sophisticated 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.

  • Technically and quantitatively oriented with a degree commensurate with level in applied mathematics, economics, physics or statistics, as well as strong background in computer science or econometrics.

  • Establishes operational objectives and work plans, and delegates assignments to subordinate managers.

  • Implements strategic policies when selecting methods, techniques, and evaluation criteria for acquiring results.

  • Establishes and assures adherence to budgets, schedules, work plans, and performance requirements.

  • Manage processes including enterprise and board risk report, risk appetite review process, risk & control review process.

  Qualifications:

  • Graduate degree; advanced studies/degree in economics/statistics preferred

  • Typically has 12+ years related experience

  Keys to Success in this Role:

  • Quantitative and analytical skills

  • Extensive experience in model development, validation/assessment and model use

  • Strong technical skills in processing data and programming

  Current Freddie Mac employees please apply through the internal career site.

  Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others.

  We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities 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.

  Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

  Time-type:Full time

  Job Category:Universal

  FLSA Status:Exempt

  The anticipated annualized base salary range for this position is $194,000 to $292,000 and is eligible to participate in the annual incentive program.

• About the company

  The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, is a publicly traded, government-sponsored enterprise, headquartered in Tysons Corner, Virginia.

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