Risk Analytics Associate

Freddie Mac
McLean, Virginia
Jan 14, 2021
Jan 16, 2021
Full Time
At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview:
We are currently seeking a Risk Analytics Associate to join the Credit Analytics & Reporting team in the Single Family division. The team is responsible for analyzing, reporting and help managing the credit risk. The position will be tasked with developing and maintaining systems and processes, performing data research and analyses and preparing reports and presentations to support the Quality Control Sampling and Analytics function (QC) and Collateral Reporting and Analytics function (Collateral).

Our Impact:
Our team serves as a gatekeeper of Freddie Mac's front-end business. The QC function filters through large volume of loans funded by the company, sample loans for underwriting review, and analyze the underwriting review results. We measure the underwriting quality of our loans, target loans with high underwriting risk, and help to mitigate the credit loss through selecting non-performing loans for QC review. The Collateral function monitors Freddie Mac's collateral Reps & Warranty program, to help senior management make decisions.

Your Impact:
You will be the key person to create the reports and analytics around QC and Collateral functions: Your job can be divided into 2 categories:

Routine Processes and Reports
  • Develop new and maintain existing methods and processes to sustain the quality, timeliness, reliability, and usefulness of the team's deliverables to support business decisions in Quality Control (QC) Sampling and Analytics function and in Collateral Reporting and Analytics function
  • Execute monthly and quarterly baseline processes and reports. Analyze and interpret process and report outputs in the context of QC/Collateral as well as in the larger context of credit risk for Freddie Mac
  • Prepare and maintain documentation for processes, systems, and procedures
  • Validate, research and analyze data to frame and answer analytical questions. Present ideas and recommendations to management. Gain in-depth understanding of source data and related controls

New Initiatives Support
  • Support ad hoc analysis, data querying and reporting needs

Basic Requirements
  • Undergraduate degree in Statistics, Economics, Finance, Mathematics, Computer Science, Data Science or related field
  • Demonstrated proficiency in programming languages: SAS skills are required, and preferably SQL and Tableau skills as well
  • Experience in analyzing and manipulating large datasets

Preferred Skills
  • Advanced degrees, qualifications or experience in Statistics, Economics, Business, Mathematics, Computer Science, Data Science or related field
  • Knowledge of and experience with single-family mortgage credit risk data, preferably related to GSEs

Keys to Success in this Role:
  • Self-motivated, pro-active, and results-driven problem solver
  • Proven quantitative, analytical and problem-solving skills
  • Strong communication skills both oral and written
  • Excellent SAS and SQL programming skills
  • Must be able to manage multiple priorities, meet deadlines, identify and escalate issues appropriately to the management

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:Risk

FLSA Status:Non-Exempt

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