Software Engineer

1 month ago

Bloomington, Illinois, United States Freddie Mac Full time

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.

Employees, contingent workers and visitors are no longer required to show proof of vaccination to be on-site. Effective January 2023, Freddie Mac's hybrid work arrangement is 3 days in the office (specifically Tuesday, Wednesday & Thursday).

Position Overview:

Are you interested in using your software engineering skills to build a system to enable massively parallel computations in a cloud environment? Financial Engineering is seeking an Entry Level (Associate) Software Engineer to work on our next-generation, cloud based, distributed computing system. We are looking for a creative and talented individual who loves to code. Apply now and learn why there is #MoreAtFreddieMac

Our Impact:
  • Our team is responsible for the distributing computing platform that is used by all the firm's quantitative model and analytic systems. These systems use Monte-Carlo simulations to value financial instruments such as loans, mortgage backed security and collateralized mortgage obligations.
  • We work with other teams in Financial Engineering to help them effectively leverage parallel compute in the cloud.
  • We ensure that our systems are robust, scalable, fault-tolerant and cost effective.
Your Impact:
  • Design, develop and support a custom-built AWS native solution for distributed computing. The current system is written in Python and uses EC2 (Spot Fleet), S3, SQS, Lambda, DynamoDB and API Gateway.
  • Design, develop and support a Java distribution API that is used internally in Financial Engineering. The library enables applications to perform massively parallel computations to support valuation and risk analyses for a variety of financial instruments.
  • Assist internal application teams with adopting the distributed computing platform by refactoring their application to use the new interface, documenting the behavior, and solving challenges unique to their use cases.
  • Design and develop new code, review existing code changes, and implement automated testing to ensure standard technology development practices are met.
  • Actively seek opportunities to continuously improve the technical quality and architecture to respond to business needs. For example, use data to find ways to reduce costs and/or speed up our system.
Qualifications:
  • BS in Computer Science
  • Exposure to Python
  • Exposure to Java
Keys to Success in this Role:
  • Passionate about hands-on software development
  • Eager to learn new technologies and skills, e.g., Amazon Web Services
  • Willingness to dive deep into technical details to solve challenges
  • Strong collaboration and communication skills (both written and verbal)

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 and register with our referral code: MAC.

Time-type:Full timeJob Category:Research & ModelingFLSA Status:Non-Exempt

The anticipated annualized base salary range for this position is $74,000 to $112,000 and is eligible to participate in the annual incentive program.

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