Quantitative Developer Jobs in Washington, DC (NOW HIRING)

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Position Overview:

Freddie Mac's Single-Family Division is currently seeking a Quantitative Analytics Senior to be responsible for the development and execution of statistical models and applications in support of business and risk decisions as a member of the Credit Risk Modeling Team.

Our team is responsible for the development and analytic support of credit risk models, supports the single-Family business for risk decisions. We apply econometric, machine learning and statistical modeling to understand business problems and produce credit risk forecast for the mortgage portfolio.

• Developing analytical methods and models that assess the credit risk of new and existing financial and mortgage products.

• Providing innovative, detailed and practical solutions to an extensive range of fast paced and complicated problems.

• Developing and validating loss forecasting models, conducting research on improvements to the existing models, and applying industry standard methodologies and techniques to meet various business needs.

• Coordinating the testing through the model implementation, conducting back tests to monitor the model performance, and performing economic tests and stress tests to validate the model forecast results.

• Providing modeling and analytical support to a line of business or product area, functioning as day-to-day technical specialist.

• Preparing documentation for the technical analytics and rationale through the model development to comply with model oversight and support model review for approval.

• Working under limited direction, independently determining and developing approach to solutions.

• PhD in Economics, Statistics, Math, Computer Science or a related quantitative field; or Master's degree with at least 3 years of related post-graduate work experience

• Strong programming skills in Python, SQL, SAS and Unix

• Experience with programming language such as R, VBA, Java or C++

• Experience working with large data sets and relational database

• Experience working with mortgage or consumer credit risk models, prepayment models and severity models

• Experience with competing-risk hazard models, transition models, loss forecasting and stress testing

• Experience in data science, machine learning and related technologies

Keys to Success in this Role:

• Outstanding quantitative, empirical analysis, and research skills

• Solid understanding of econometric models, tools and techniques

• Strong programming skills

Current Freddie Mac employees please apply through the internal career site.

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals 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.

A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

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