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 align with model oversight and support model review for approval.
Working under limited direction, independently resolving problems, and developing approach to solutions.
Qualifications
Doctorate degree, or Master degree with 3 years of equivalent work experience, in statistics, computer science, statistics, economics or a related quantitative field.
Coursework or work experience in 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, advanced statistics, mathematical programming, optimization, machine learning, computational methods, design and analysis of algorithms, Bayesian methods, derivatives, or Monte Carlo methods.
Coursework or work experience in writing statistical or optimization programs to develop models and algorithms. Programming languages may include, but are not limited to, Python, R, SAS, SQL, Java, or MATLAB.
Experience in 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.
Experience in machine learning libraries such Scikit-learn, TensorFlow, PyTorch, and Dask is preferred.
Experience with advanced algorithms, ensemble method, text mining, and image analytics is a plus.
Demonstrated knowledge of AI tools and technologies, with a strong commitment to continuous learning and staying up-to-date with advancements in artificial intelligence
Keys to Success in this Role
Strong oral and written communication skills with ability to succinctly describe complex technical scenarios in simple and easily-understood terms.
Solid oral and written communication skills. Ability to pitch and storyboard a project;
Exceptional quantitative, empirical analysis, and research skills.
Positive and independent thinking.
Strong hands-on ability to handle and process large quantity of structured and unstructured data.
Strong desire and capability to learn new big data and machine learning technologies.
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.
