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Freddie Mac

Quantitative Analytics Sr. Director – Credit Risk Models (Hybrid - 3 Days in O

Freddie Mac, Mc Lean, Virginia, us, 22107


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:Freddie Mac’s Single-Family modeling team is currently seeking a Quantitative Analytics Senior Director to lead the model development of quantitative models that assess credit risk of new and existing financial and mortgage products or portfolios to support business and risk decisions.

Your Impact:

Develop analytical methods and quantitative models, including models of defaults, severity, loan scoring and others.

Plan, execute, and document models. Provide modeling and analytical assistance to business users, functioning as day-to-day technical expert.

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

Effectively interacts with model validators, implementers, model users and business stakeholders to manage model development, ensuring compliance with the Model Risk Policy, Standard and Procedures.

Participates and provides support in audit and regulatory engagements, including issue remediation activities related to model risk.

Builds positive relationships and consensus across the lines of business, aligning conflicting priorities and resolving issues to achieve progress.

Directly manages model development staff and conducts performance reviews and ratings.

Manages the coordination of the team’s activities and collaborates with members from different teams.

Promotes an environment that supports diversity, equity and inclusion.

Qualifications:

Graduate degree with advanced studies/degree in economics/statistics/mathematics/financial engineering or related fields preferred.

Typically has 15+ years related experience in regulated financial services institutions with focus in housing markets and structured products.

Keys to Success in this Role:

Strong quantitative and analytical skills.

Extensive experience in model development or validation.

Strong technical skills in processing data and programming.

Detailed knowledge of applicable regulatory guidance.

Outstanding technical written and oral communication skills.

Must be able to plan, coordinate and supervise work of staff and produce timely results.

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

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.

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs.

This position has an annualized market-based salary range of $252,000 - $378,000 and is eligible to participate in the annual incentive program.

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