Quantitative Analytics Tech Lead (credit modeling)

{"description": "At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

Position Overview:

Freddie Mac's Single-Family Division is seeking a Quantitative Analytics Tech Lead to join the Single-Family Model Strategy Team. This role focuses on credit modeling and credit data, and is responsible for developing and implementing statistical models and applications to support business and risk decision-making processes. #MoreAtFreddieMac!

Our Impact:

Our team is responsible for developing underwriting and credit scoring models for Freddie Mac.

Your Impact:

• Developing analytical methods and models that evaluate the credit risk associated with new and existing financial and mortgage products, specifically focusing on credit-related models and data. Conducting research to enhance current credit models, and applying industry-standard processes and techniques to address a range of business needs.
• Providing innovative, detailed and practical solutions to an extensive range of demanding and complicated problems.
• Implementing statistical models in efficient software languages, coding model prototypes for specification and test cases, modifying source codes in the existing application.
• 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 resolving and developing approach to solution.

Qualifications:

• Doctorate degree plus 3 years of working experience (or Master's degree with equivalent 5 years of working experience) in statistics, data science or a related quantitative field.)
• 5+ years of relevant experience applying predictive modeling techniques or data analytics to large datasets is preferred.
• Coursework or work experience applying predictive modeling techniques from finance, statistics, mathematics, data science, or 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, or Monte Carlo methods
• Coursework or work experience writing statistical or optimization programs to develop models and algorithms. Programming languages may include-but are not limited to-SAS, Python, R, SQL, Java, or MATLAB
• Proficiency in programming languages such as Python, SQL or Unix
• Experience working with large data sets and relational database
• Experience in statistical model development and implementation is preferred
• Experience with software development and system setup for model application is preferred

Keys to Success in this Role:

• Exceptional quantitative and analytics skills
• Strong knowledge of statistical models, tools and techniques
• Strong programming skills
• Strong communication 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.

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 and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Exempt

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $144,000 - $216,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.", "salary_raw": "USD 144,000.00 - 216,000.00 per year"}