Quantitative Modeler III

Employer
Fannie Mae
Location
Washington, DC
Posted
May 17, 2018
Closes
May 21, 2018
Function
Accountant, IT
Hours
Full Time
THE COMPANYAre you interested in helping solve today's most critical housing challenges? In simplest terms, Fannie Mae serves the people who house America. We work at the heart of housing by providing reliable, affordable mortgage financing in all markets at all times, buying loans that banks and other lenders originate, so they can fund new loans. This gives more people the opportunity to buy, refinance, or rent homes and apartments. Creating these opportunities is what drives the people who work at Fannie Mae.For more information about Fannie Mae, visit INFORMATIONSupport, develop, assess, and execute statistical, mathematical, economic, and financial models for business decision making, risk assessment, financial valuation, and performance measurement in all areas of mortgage finance business.KEY JOB FUNCTIONSUnder general direction of supervisor or senior staff, conduct theoretical and empirical research using public and proprietary data in all areas of mortgage finance business, including mortgage products and securities, borrower behavior, investment and hedging strategies, residential property valuation, macroeconomic models including housing prices and interest rates, financial valuation of finance assets and derivatives, economic capital, and stress testing. Apply mathematical, statistical, and econometric techniques to provide innovative, thorough, and practical solutions to support business strategies and initiatives. Utilize data mining and statistical techniques to develop analytic insights, sound hypotheses, and informed recommendations. Identify opportunities to apply quantitative methods to improve business performance Complete modeling projects in accordance with established company policies and generally-accepted modeling practices Implement validation strategies and assess the quality and risk of model methodologies, outputs, and processes with some supervision Apply understanding of relevant business context to properly interpret model results, monitor performance and assess risks Conduct ad hoc quantitative analyses, modeling, or programming using SAS, SQL, R, or Python Provide guidance and coaching to junior team members on analyses and modeling projects. Communicate technical subject matter clearly and concisely, both verbally and through written communication via white papers, reports and presentations, to individuals from various backgrounds. Collaborate effectively as part of a team and across organizational linesEDUCATIONBachelor's Degree or equivalent requiredMINIMUM EXPERIENCE4+ years of related experienceSPECIALIZED KNOWLEDGE & SKILLSAdvanced degree in Finance, Economics, or related quantitative fields. PhD preferred. Strong research experience in behavioral models (such as residential mortgage prepayment, default, and loss severity models) and/or asset-backed security valuations. Proficient programming skills, preferably in SAS, Python, Matlab, R. Good writing and inter-personal communication skills. Must be a team player. EMPLOYMENT As a condition of employment with Fannie Mae, any successful job applicant will be required to pass a pre-employment drug screen and to successfully complete a background investigation.?Fannie Mae is an Equal Opportunity Employer.

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