Quantitative Analytics Senior

3 weeks ago


Dinan, Bretagne, United States Freddie Mac Full time
Job Title: Quantitative Analytics Senior

At Freddie Mac, you will be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview:

Freddie Mac's Modeling, Econometrics, Data Science & Analytics Department is currently seeking a Quantitative Analytics Senior who will be responsible for the development and execution of quantitative analytics and modeling projects in support of Freddie Mac's business.

Key Responsibilities:
  • Developing analytical methods and models that assess the credit risk of new and existing financial and mortgage products.
  • Conducting research on enhancements to the existing models, and applying industry standard processes and techniques to meet various business needs.
  • Implementing statistical models in efficient software languages, coding model prototypes for specification and test cases, modifying source codes in the existing application.
  • Coordinating the testing through the model implementation, conducting back tests to monitor the model performance, and performing economic tests and stress tests to validate the model forecast results.
  • Providing modeling and analytical support to a line of business or product area, functioning as day-to-day technical specialist.
  • Preparing documentation for the technical analytics and rationale through the model development to comply with model oversight and support model review for approval.
Qualifications:
  • Doctorate degree, or Master degree with 3 years of equivalent work experience, in quantitative finance, statistics, economics or a related quantitative field.
  • Coursework or work experience applying predictive modeling techniques from finance, statistics, mathematics, data science, or computer programming to large data sets.
  • Coursework or work experience writing statistical or optimization programs to develop models and algorithms.
Keys to Success in this Role:
  • Effective interpersonal skills including the ability to collaborate successfully with other team members.
  • Strong oral and written communication skills with ability to succinctly describe complex technical scenarios in simple, easily-understood terms.

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. This position has an annualized market-based salary range of $118,000 - $178,000 and is eligible to participate in the annual incentive program.



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