As part of Freddie Mac’s return to the office pilot, all employees, contingent workers and visitors must be fully vaccinated against COVID-19 in order to be on-site unless they have an approved accommodation.

Position Overview:

Are you ready for a challenge? If so, Freddie Mac’s Investments and Capital Markets Division is searching for a top-notch candidate to join our Loan Portfolio Managing and Structuring (LPMS) group. Our new hire will be responsible for developing and/or analyzing quantitative models that assess the market, credit and/or operational risks of new and existing financial and mortgage products or portfolios to support business and risk decisions. The specific responsibilities for this position include the following:

• Write programs to clean, coordinate and analyze large volumes of data.

• Make efficient use of the latest computing technologies to take advantage of big data and efficiently conduct analyses.

• Perform exploratory analysis and research and present results to both technical and non-technical audiences.

• Visualize data to communicate complex ideas.

**This position is a hybrid work schedule, requiring 3 days in the office and 2 days remote**

Our Impact:

Our team is responsible for management of Freddie Mac’s Non-Performing Loan (NPL) and Re-Performing Loan (RPL) positions in the company’s retained portfolio. This includes

• Seasoned Credit Risk Transfer (SCRT),

• Seasoned Loan Structured Transactions (SLST),

• NPL sale programs.

Your Impact:

• Support work with modeling and model implementation team in the model development process.

• Support testing and validation of model updates and outputs,

• Using market research and transaction data, support research trends in various loan pool subsets and suggest potential factor dials

• Utilizing model and other corporate metrics to provide mortgage analytics for transaction economics, hedging and pricing (loans and securities).

• Ad-hoc analytics and automation/visualization to support transactions and portfolio management activities.

• Support data analysis to monitor and forecast the whole-loan portfolio managed by LPMS desk on inflow / outflow, performance, changes in trend. This will involve large and complicated data set and require familiarity with the business to iterate and drill down to meaningful results.

• Research and identify statistical portfolio and transaction trends to support new or improved products to manage interest rate and credit risks.

Qualifications:

• Doctorate degree (or Master’s degree with equivalent work experience) in quantitative finance, statistics or a related quantitative field.

• Coursework or work experience applying predictive modeling techniques from finance, statistics, mathematics, data science, and computer programming to large data sets. Qualifying coursework may include-but is not limited to—statistics, mathematical programming, optimization, machine learning, computational methods, design and analysis of algorithms, Bayesian methods, derivatives, and Monte Carlo methods/modeling.

• Coursework or work experience writing statistical and/or optimization programs to develop models and algorithms. Programming languages may include-but are not limited to-Python, R, SQL, Java, SAS, and MATLAB.

• Coursework or work experience using technologies for manipulating structured and unstructured data.

• Good organizational and time management skills

• Ability to work in a fast-paced trading desk environment and ability to deal with some degree of ambiguity.

Keys to Success in this Role:

• Attention to detail

• Strong work ethic

• Positive attitude

• Team player

• Self-motivated

• Strong communication and interpersonal skills

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 www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

Job Category:Research & Modeling

FLSA Status:Exempt

Freddie Mac provides anticipated base salary ranges where required by law.