Quantitative Analytics Senior Director

1 week ago


McLean VA United States Freddie Mac Full time
Job Summary

Freddie Mac is seeking a Quantitative Analytics Senior Director to lead the development of quantitative models that assess credit risk of new and existing financial and mortgage products or portfolios. The successful candidate will have a strong background in applied mathematics, economics, physics, or statistics, and experience in model development or validation.

Key Responsibilities
  • Develop analytical methods and quantitative models, including models of defaults, severity, loan scoring, and others.
  • Plan, execute, and document models, providing modeling and analytical assistance to business users.
  • Interact with model validators, implementers, model users, and business stakeholders to manage model development, ensuring compliance with the Model Risk Policy, Standard, and Procedures.
  • Participate in audit and regulatory engagements, including issue remediation activities related to model risk.
  • Build positive relationships and consensus across the lines of business, aligning conflicting priorities and resolving issues to achieve progress.
  • Directly manage model development staff and conduct performance reviews and ratings.
Requirements
  • Graduate degree with advanced studies/degree in economics/statistics/mathematics/financial engineering or related fields preferred.
  • Typically has 15+ years related experience in regulated financial services institutions with a focus in housing markets and structured products.
What We Offer

Freddie Mac offers a comprehensive total rewards package, including competitive compensation and market-leading benefit programs. This position has an annualized market-based salary range of $252,000 - $378,000 and is eligible to participate in the annual incentive program.



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