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 curious and analytical? Do you thrive on working in a team environment? Do enjoy consulting others on tactics for solving complicated problems and excel at bridging communication gaps? Are you looking for an inclusive company culture? Freddie Mac’s Single-Family Model Liaison team needs creative, forward-thinking individuals like you.

Apply now and grow your career working alongside hardworking people who want you to succeed!

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

Our Impact:

Our team is responsible for ensuring a consistent approach to understanding, interpreting, responding to, and escalating findings and MRAs across MEDA. Our goal is to improve operational efficiency and effectiveness, mitigate risk, and remediate operational and regulatory vulnerabilities. We participate in audits, targeted exams, and resolution of findings and MRAs. We serve as the point of contact for 2nd line, 3rd line, and FHFA audit and examination preparation and ad hoc projects.

Your Impact:

• Collaborate with model owners and developers on preparation for audits and exams, responses to auditor and examiner requests, and remediation of issues with their models.

• Help devise, write, and explain agreed-upon actions (AUAs) in response to findings from model reviewers, internal auditors, and regulatory examiners.

• Help formulate new standards and procedures for model development and risk management.

• Support management in mapping out strategies for mitigating model risk.

• Support evaluation of the progress toward remediation of key issues.

• Bring up material breaches of applicable laws, rules, advisory bulletins, policies, or standards with actual or potential impact.

• Assist management with corrective action for such breaches.

Qualifications:

• Master’s degree 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.

• Experience in a model development, review, or audit function at a government-regulated financial institution that employs the three lines of defense (3LOD) model of risk management preferred not required.

Keys to Success in this Role:

• Excellent written and oral communication skills.

• Knowledge and understanding of relevant policies, standards, procedures, regulations, and standard methodologies.

• Knowledge and experience of the model development life cycle.

• Proven track record to plan, coordinate, and execute multiple projects with diverse partners.

• Ability to maintain attention to detail and still meet deadlines.

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.