Quantitative Analytics Manager – Economic Modeling

Quantitative Analytics & Modeling
McLean, VA
July 24, 2018
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Position Overview

Freddie Mac’s Single Family Division is currently seeking a Quantitative Analytics Manager to be responsible for the development and execution of quantitative/analytic models and applications in support of business and risk decisions as a member of the Default Costing Model Team.

Your Work Falls Into Three Primary Categories:

Model Development and Research
* Developing analytical methods and models that assess the credit risk of new and existing financial and mortgage products
* Providing innovative, thorough and practical solutions to an extensive range of demanding and complicated problems

* Developing and validating loss forecasting models, conducting research on enhancements to the existing models, and applying industry best practices and techniques to meet various business needs

Model Testing
* 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

Business Support
* Providing modeling and analytical support to a line of business or product area, functioning as day-to-day technical expert.
* Working under limited direction, independently determining and developing approach to solutions.


* PhD in Statistics, Economics, or a related quantitative field with at least three years of related post-graduate work experience; or Master degree with at least six years of related experience
* At least three years of experience in model development including logistic regression
* Strong programming skills in SAS, SQL and Unix.

* Experience with programming language such as Python, R, Matlab, VBA, Java
* 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

Key to Success in this role

* Exceptional quantitative, empirical analysis, and research skills
* Strong knowledge of econometric models, tools and techniques
* Strong programming skills

Top 3 Personal Competencies to possess

  • Drive for Execution – Execute effectively with a clear direction and objective, good ownership
  • Partnership – Build trust and strong partnerships within the team; good team player
  • Leadership – Set and execute upon a clear vision and goals; good communication, interpersonal, and leadership skills

Closing Statement

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 you’ll do important work for the housing finance system and make a difference in the lives of others. Freddie Mac is an equal opportunity and top diversity employer. EOE, M/F/D/V.