Coordinating testing throughout the model implementation lifecycle, conducting back tests to monitor the model performance, and performing economic tests and stress tests to validate 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 technical analytics and rationale throughout model developments to comply with model oversight requirements and support model review.
Working under limited direction, independently resolving issues.
Qualifications
PhD in Economics, Statistics, Math, Computer Science or a related quantitative field; or Master's degree with at least 3 years of relevant experience
Coursework or work experience writing statistical or optimization programs to develop models and algorithms.
Proficiency in programming languages such as Python, SQL, R or SAS
Experience in data science, machine learning, and related technologies
Demonstrated knowledge of AI tools and technologies, with a strong commitment to continuous learning and staying up-to-date with advancements in artificial intelligence
Experience with fair lending testing, algorithmic fairness, or debiasing techniques is a plus
Keys to Success in this Role
Exceptional quantitative and analytics skills
Strong knowledge of statistical models, tools and techniques
Strong programming skills
Effective interpersonal skills including the ability to collaborate successfully with other team members.
Strong oral and written communication skills with ability to succinctly describe complex technical scenarios in simple, easily-understood terms.
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 www.BountyJobs.com 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 $126,000 - $190,000 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.