Job Description

At Freddie Mac, you will do important work to build a better housing finance system and youll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview:

The Model Audit and Data Analytics (MDA) team in Internal Audit is seeking a Quantitative Analytics Senior who has a diverse skill set to be able to conduct projects that are either model-oriented, data-oriented, or both. Model audits are chosen by risks (high or emerging) and require in-depth knowledge of the methodology and limitations. Moreover, a corporate emphasis on efficiency has put a premium on finding new ways to analyze the data and assess models in less time. Work is evaluated upon completion for adequacy in satisfying objectives. Apply now and learn why theres MoreAtFreddieMac!

Our Impact:

Our team is responsible for determining whether the organization's model risk management, control, and governance processes, as designed and implemented by management, are adequate and functioning effectively.

Your Impact:

In this role, you will be an integral part of model audit projects and will be expected to have the following responsibilities:

* Perform model audits, analytics, and model risk assessment projects (e.g., model issues and MRA follow-ups), such as evaluating risk associated with the company's models including models of default, prepayment, loan scoring, valuation, derivatives, interest rates, stress testing and counter parties.

* Help design and conduct execute procedures to analyze and test governance over model use, model development, and model risk oversight.

* Document testing results in work paper, identify model issues, communicate model audit conclusion with Tech Leads, Managers, Directors, and Officers consistent with Internal Audit methodology and policies and procedures.

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 includebut is not limited tostatistics, 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 includebut are not limited toPython, R, SQL, Java, SAS, and MATLAB.

* Doctorate degree (or 3 plus years of equivalent working experience with Master's degree).

* Strong written and oral presentation skills.

* Knowledge of data science techniques.

* Big 4 experience with internal or external audit experience is preferred.

* Prior studies/interests in accounting (CPA exams, undergrad in Accounting) is preferred.

* Possession or willingness to pursue certifications in Internal Audit (CIA, CPA, CISA) is preferred.

Keys to Success in this Role:

* Critical thinking skills, effective challenge and strong assurance

* Strong quantitative modeling skills in economics, statistics, mathematics and finance.

* Good communication skills (verbal and written) and ability to influence a room.



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 youll 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