Quantitative Analytics Prf A

Freddie Mac

Mclean, VA

Full Time

Mid Level

101k-151k

6 days ago

Job Description

About the Role

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

Key Responsibilities

Develop quantitative models for interest rates, fixed income securities and derivative valuation and counterparty risk calculation and implement the models through programming languages.
Review academic/industry literatures and Freddie Mac's documents and applicable policies and standards, inquiry internal/external stakeholders to understand model development requirements.
Document model development background, theories, assumptions, limitations, results, implementations, and process flows.
Perform analysis to test the developed models, including impact analysis, sensitivity analysis, what-if scenario analysis, stress testing, and back-testing.
Collaborate with various stakeholders in model development projects, including risk managers, portfolio managers, financial engineering, model governance, model reviewers, IT, and project managers.
Maintain model applications for model implementation, data storage, and risk reporting.
Execute plans and procedures periodically to provide model parameter updates, monitor model performance, and generate reports for stakeholders.
Identify and report process issues and propose remediating actions.
Perform ad-hoc tasks related to responsible models.

Requirements

Master's degree in economics, finance, mathematics, statistics, or a related quantitative field.
Demonstrated knowledge of general business, finance, fixed-income, and mortgage products.
Applying techniques from finance, statistics, mathematics, and data science for quantitative modeling problems.
Proficiency in at least five of the following programming languages/applications: MATLAB, Python, Excel, VBA, C++, SQL, and Visio.
Knowledge may be demonstrated through education, training, and/or experience.

Qualifications

Educational background with a master's degree in a relevant quantitative field.

Benefits & Perks

Competitive compensation and market-leading benefit programs.
Annual incentive program.
Position is eligible for part-time telecommuting.

Working at Freddie Mac

Freddie Mac values making a positive impact by enabling homeownership, fostering a mission-driven environment, and supporting diversity and inclusion through equal opportunity employment and reasonable accommodations.

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