Freddie Mac

Quantitative Analytics Tech Lead - Economist

Posted on: 27 Oct 2021

McLean, VA

Job Description

Position Overview:

Are you someone who loves research? Do you want your work to be meaningful and make an impact in the housing industry? Apply now and learn why there’s #MoreAtFreddieMac

Our Impact:

Research on housing policy issues with the focus on access to credit, affordability and underserved markets.

Provide industry thought leadership by publishing and socializing research to academics and industry partners.

Conduct empirical research and analytics in support of business decisions in the pursuit of our community mission.

Your Impact:

Write and publish research papers, articles and reports focused on, but not limited to, understanding barriers and opportunities for underrepresented and low- to moderate-income consumers.

Support Housing Insights and Solutions team through data preparation, complex data and statistical analysis, and model output assessment to support and drive business strategies and objectives.

Provide innovative, thorough and practical solutions to an extensive range of demanding and complicated business problems.

Support market and lender outreach research and analytics, including new pilots, program, and segment strategies to better target borrowers.

Collaborate with other areas of the company to create deliberate affordable and access to credit strategies.

Work under limited direction, independently resolving and developing approaches to solutions.

Qualifications:

Doctorate degree (or master’s degree with equivalent work experience) in economics, statistics or a related quantitative field.

5-10 years of related technical experience.

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.

Keys to Success in this Role:

Exceptional quantitative, empirical analysis, and research skills.

Strong knowledge of econometric models, tools and techniques.

Familiarity with a range of machine learning techniques and capabilities.

Good communication, interpersonal, and leadership skills.

Freddie Mac

McLean, VA

Freddie Mac operates in the secondary mortgage market in the United States. The company purchases residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates in three segments: Single-family Guarantee, Multifamily, and Capital Markets. The Single-family Guarantee segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit risk. This segment serves mortgage banking companies, commercial banks, regional banks, community banks, credit unions, housing finance agencies, savings institutions, and non-depository financial institutions.

The Multifamily segment engages in the purchase, sale, securitization, and guarantee activities in multifamily loans and securities through the issuance of multifamily K and SB certificates; issuing and guarantying other securitization products; issuing other credit risk transfer products; and provision of other mortgage-related guarantees, as well as post-construction financing to apartment project operators.

The Capital Markets segment invests principally in mortgage-related investments portfolio and single-family performing and re-performing loans. This segment serves banks and other depository institutions, insurance companies, money managers, central banks, pension funds, state and local governments, real estate investment trusts, brokers and dealers, and lenders. Freddie Mac was founded in 1970 and is headquartered in McLean, Virginia.