Quantitative Analytics Senior

Freddie Mac
McLean, VA
Sep 18, 2019
Oct 02, 2019
Full Time
Freddie Mac's Investments & Capital Markets Division is currently seeking a Quantitative Analytics Senior Analyst to develop and enhance mortgage prepayment, default and severity models for portfolio management. The team is responsible for developing models and conducting quantitative analysis to support valuation and hedging of mortgage products.

Your Work Falls Into Four Primary Categories

Model Development and Research
  • Developing mortgage prepayment, default and severity models that assess market risk of mortgage backed securities, CMOs, and senior-sub structured products
  • Applying statistical modeling and big data analytics tools and developing innovative solutions for forecasting mortgage borrower behavior
  • Conducting research on industry models, market conditions, and regulatory environment.
  • Build prototype model emulators for testing, and facilitate and test production implementation of models.

Portfolio Analysis
  • Developing and enhancing valuation processes and risk metrics for our retained portfolio of mortgage products.
  • Conducting sensitivity analysis and impact assessment for model updates and changes in model inputs.

Model Governance
  • Preparing model documentation and conducting thorough model validation tests.
  • Developing and conducting on-going performance monitoring and threshold.

Business Support
  • Providing analytics support for trading and hedging activities.
  • Working under limited direction, independently determining and developing approach to solutions.


  • Doctorate degree (or Master's degree with equivalent work experience) in economics, 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.

Key to Success in this Role
  • Self-motivated and desire to own a project. Ability to multi-task and work efficiently under tight deadlines
  • Exceptional quantitative, empirical analysis, and research skills
  • Ability to work with ambiguities, understand and translate complex business requirements to define relevant analytics problems and translate the solution back into business terms
  • Good oral and written communications skills

Top 3 Personal Competencies to Possess
  • Partnership - Build trust and strong partnerships through my own and my team's actions
  • Drive for Execution - Treat obstacles as challenges to overcome, not excuses
  • Customer Focus - Deliver prompt and high quality customer service

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. Freddie Mac is an equal opportunity and top diversity employer. EOE, M/F/D/V.