Head of Quantitative Analysis and Model Validation

2 weeks ago

Dallas, Texas, United States Freddie Mac Full time
Position Overview:

At Freddie Mac, you will play a pivotal role in enhancing the housing finance system, contributing to making homeownership and rental housing more accessible and affordable nationwide. This position entails a thorough evaluation and independent assessment of quantitative and analytical models to support business decisions, risk management, and financial reporting.

Our Impact:

The team is primarily responsible for the validation of market risk models.

Your Responsibilities:
  • Conducting comprehensive reviews of analytical methodologies and quantitative models for both new and existing financial and mortgage products.
  • Providing innovative and practical solutions to a wide array of complex challenges.
  • Serving as the Model Risk lead for model testing and validation.
  • Creating validation reports based on rigorous theoretical and analytical evaluations of models.
  • Acting as a mentor and leader for team members to meet deadlines and resolve technical challenges while developing and coordinating performance expectations.
  • Overseeing the coordination of departmental activities, often leading collaborative efforts among various teams.
  • Managing the validation of credit decision-making models and participating in the credit strategy review process.
  • Overseeing the validation of models developed using advanced machine learning and artificial intelligence techniques, including neural networks and boosting algorithms.
Qualifications:
  • Master's degree in Economics, Finance, Statistics, Engineering, or a related quantitative field, with a minimum of 10 years of relevant post-graduate experience in quantitative analytics or modeling.
  • Proficiency in programming with expertise in at least one of the following: Matlab, STATA, Python, C++, SAS, or R.
  • Extensive knowledge of regression models, stochastic process modeling, Monte Carlo simulations, optimization, and other econometric and statistical techniques.
  • Familiarity with AI/ML techniques such as neural networks, random forests, and XGBoost.
  • Experience in the financial services sector is preferred.
  • Ability to collaborate effectively across teams and with diverse groups of modeling and risk professionals.
Keys to Success in this Role:
  • Intellectual agility and adaptability in interpersonal interactions.
  • Strong consultation and communication skills.
  • Ability to work collaboratively across diverse teams and organizational silos.
  • A deep intellectual curiosity to explore new methodologies and learn new techniques beyond one's immediate expertise.
  • Capability to apply analytical insights to inform strategic direction and business decisions.
  • Ability to differentiate between observations and findings, as well as identify genuine model limitations and performance issues that may pose risks to the organization.
  • Exceptional written and verbal communication skills.
  • A commitment to continuous improvement and a willingness to embrace change.
  • Outstanding leadership and influence within and beyond the ERM organization.
Equal Opportunity Employer:

Freddie Mac values diversity and inclusion and is an equal opportunity employer. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or any other characteristic protected by applicable law. We ensure that individuals with differing abilities are provided reasonable accommodations to participate in the job application or interview process, perform essential job functions, and receive other employment benefits. Please contact us to request accommodations.

  • Quantitative Engineering Associate

    1 week ago

    Dallas, Texas, United States Goldman Sachs Full time

    Position Overview:We are seeking an Associate in Quantitative Engineering to contribute to our analytical efforts at Goldman Sachs & Co. LLC. This role involves multiple openings aimed at enhancing our financial modeling capabilities.The successful candidate will be responsible for developing, implementing, and documenting complex scenarios that encompass a...

  • Enterprise Risk

    2 weeks ago

    Dallas, Texas, United States FORVIS Full time

    Position Overview: As a key member of our expanding Quantitative Solutions division, you will collaborate with clients, including some of the most renowned financial institutions worldwide, as they innovate Enterprise Risk and Quantitative services for the future.Your Contributions:Overseeing model validations by evaluating the theoretical foundations and...

  • Quantitative Engineering Associate

    1 week ago

    Dallas, Texas, United States Goldman Sachs Full time

    Position Overview:We are seeking an Associate in Quantitative Engineering to contribute to our team at Goldman Sachs & Co. LLC. This role involves a variety of responsibilities aimed at enhancing our financial modeling capabilities.Key Responsibilities:1. Develop, implement, and document comprehensive scenarios that encompass a wide array of economic and...

  • Quantitative Engineering Associate

    2 weeks ago

    Dallas, Texas, United States Goldman Sachs Full time

    Position Overview:We are seeking an Associate in Quantitative Engineering to join our team at Goldman Sachs & Co. LLC. This role is pivotal in enhancing our financial modeling capabilities and requires a strong analytical mindset.The successful candidate will be responsible for developing, implementing, and documenting scenarios that encompass a wide array...

  • Quantitative Finance Engineer

    2 weeks ago

    Dallas, Texas, United States Goldman Sachs Full time

    The Finance Planning & Analysis (FP&A) division at Goldman Sachs is in search of a quantitatively-focused individual to enhance their team. In this position, you will collaborate with organizational and divisional leaders to assess risks, devise solutions, and propel strategic business planning efforts.Key ResponsibilitiesPartner with diverse internal teams...

  • Lead Quantitative Risk Strategist

    1 week ago

    Dallas, Texas, United States Underground Administration Full time

    Position: Quantitative Risk Associate DirectorUnderground Administration is on the lookout for a skilled Quantitative Risk Associate Director to enhance our innovative team.Compensation: Up to $185,000 base salary with a potential annual bonus of 40%Key Responsibilities: Develop, implement, and maintain proprietary fixed income risk models and analytical...

  • Senior Quantitative Risk Analyst

    1 week ago

    Dallas, Texas, United States Underground Administration Full time

    Position: Quantitative Risk Associate DirectorUnderground Administration is in search of a skilled Quantitative Risk Associate Director to enhance our innovative team.Compensation: Up to $185,000 base salary with a potential annual bonus of 40%.Key Responsibilities: Develop, implement, and maintain proprietary fixed income risk models and analytical tools....

  • Quantitative Analyst

    2 weeks ago

    Dallas, Texas, United States Goldman Sachs Full time

    The Finance Planning & Analysis (FP&A) division at Goldman Sachs is in search of a quantitatively-focused expert to join their ranks. In this position, you will collaborate with organizational and divisional leaders to assess risks, devise solutions, and propel strategic business planning efforts.Key ResponsibilitiesPartner with various internal teams to...

  • Financial Strategist

    1 week ago

    Dallas, Texas, United States Goldman Sachs Full time

    The Finance Planning & Analysis (FP&A) division at Goldman Sachs is in search of a quantitatively-oriented expert to enhance their team. In this position, you will collaborate with both firm and divisional executives to assess risks, devise solutions, and propel strategic business planning efforts.Key ResponsibilitiesPartner with diverse internal teams to...

  • Lead Quantitative Financial Analyst

    2 weeks ago

    Dallas, Texas, United States Bank of America Full time

    Lead Quantitative Financial Analyst - Anti-Money Laundering ModelsAbout the Company: Bank of America is committed to enhancing financial well-being through meaningful connections. With Responsible Growth as a fundamental principle, the organization strives to positively impact clients, employees, communities, and shareholders every day. Fostering an...

  • Quantitative Analyst

    2 weeks ago

    Dallas, Texas, United States Pinnacle Group Full time

    Position: Quantitative AnalystAbout Pinnacle Group:Pinnacle Group is a prominent communications provider dedicated to delivering high-speed connectivity to millions of consumers and businesses across multiple states. Our mission revolves around constructing essential digital infrastructure through our advanced fiber-optic network and cloud-based solutions,...

  • Quantitative Analyst/Strategic Finance

    1 day ago

    Dallas, Texas, United States Goldman Sachs Full time

    About This RoleAt Goldman Sachs, we are seeking a highly skilled Quantitative Analyst/Strategic Finance professional to join our Finance Planning and Analysis (FP&A) team. As a key member of our FP&A Strats team, you will play a critical role in driving insights and innovation in the financial and strategic planning process.Key ResponsibilitiesDevelop and...

  • Senior Quantitative Analyst, Corporate Treasury, Interest Rate Management

    2 weeks ago

    Dallas, Texas, United States The Goldman Sachs Group, Inc. Full time

    Position Overview:In the realm of Corporate Treasury (CT) Engineering, you will encounter a dynamic intersection of computer science, finance, and mathematics utilized to address the expectations of our stakeholders—delivering optimal returns for the appropriate level of risk undertaken.Key Responsibilities:As a Senior Quantitative Strategist, your role...

  • Financial Analysis and Planning Specialist

    2 weeks ago

    Dallas, Texas, United States RRK Company Full time

    Financial Planning and Analysis AssociateAbout the Role: As a Financial Planning and Analysis Associate at RRK Company, you will collaborate closely with the Director of Financial and Planning Analysis to facilitate the creation of operational and financial strategies essential for achieving our corporate goals. Your expertise will be instrumental in...

  • Senior Quantitative Analyst, Corporate Treasury

    2 weeks ago

    Dallas, Texas, United States The Goldman Sachs Group, Inc Full time

    Job Overview In the realm of Corporate Treasury (CT) Engineering, you will encounter a dynamic intersection of computer science, finance, and mathematics aimed at fulfilling our stakeholders' expectations for optimal returns against calculated risks. Corporate Treasury serves as the core of Goldman Sachs, ensuring that all divisions possess the necessary...

  • Senior Quantitative Analyst, Corporate Treasury, Interest Rate Management

    2 weeks ago

    Dallas, Texas, United States The Goldman Sachs Group, Inc. Full time

    Position Overview:In the realm of Corporate Treasury (CT) Engineering, you will encounter a dynamic intersection of computer science, finance, and mathematics utilized to address the expectations of our stakeholders—specifically, achieving a substantial return for the appropriate level of risk undertaken.Key Responsibilities:As a Senior Quantitative...

  • Model Risk Analyst

    2 weeks ago

    Dallas, Texas, United States Goldman Sachs & Co. LLC Full time

    Position Overview:As an Associate at Goldman Sachs & Co. LLC, you will be responsible for evaluating and managing model risk in the context of risk model development and regulatory calculations.Key Responsibilities:1. Analyze and monitor model risk associated with the creation and application of risk models.2. Conduct assessments of model implementation risk...

  • Model Risk Analyst

    2 weeks ago

    Dallas, Texas, United States Goldman Sachs & Co. LLC Full time

    Position Overview:As an Associate at Goldman Sachs & Co. LLC, you will be responsible for evaluating and overseeing model risk associated with the creation and application of risk models, along with pertinent regulatory computations utilized in capital calculations.Key Responsibilities:1. Analyze and monitor model risk to ensure compliance with regulatory...

  • PhD Position in Quantitative Engineering

    1 week ago

    Dallas, Texas, United States Goldman Sachs Full time

    OVERVIEW OF THE POSITION:Company OverviewGoldman Sachs is a premier global investment banking, securities, and investment management firm. Our commitment to excellence drives us to connect people and capital with innovative ideas, addressing the most pressing engineering challenges for our clients.Role SummaryAs a Quantitative Engineer, you will be integral...

  • Quantitative Engineer

    2 days ago

    Dallas, Texas, United States Goldman Sachs Full time

    About Goldman SachsGoldman Sachs is a leading global investment banking, securities and investment management firm. We are committed to fostering and advancing diversity and inclusion in our own workplace and beyond.Job SummaryWe are seeking a highly motivated PhD Quantitative Engineer to join our Risk Management team. As a Quantitative Engineer, you will...