Quantitative Analytics Sr. Director - Credit Risk Models
Company: Freddie Mac
Location: Dallas
Posted on: April 9, 2025
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Job Description:
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.
If you are considering sending an application, make sure to hit the
apply button below after reading through the entire
description.
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. Apply now and learn about our
excellent benefits and why there's #MoreAtFreddieMac!
Our Impact:
Freddie Mac is leading the U.S housing market forward by making
homeownership and rental housing more accessible and
affordable.
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. Technically and quantitatively oriented with a
degree commensurate with level in applied mathematics, economics,
physics or statistics, as well as strong background in computer
science or econometrics.
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. Acts as an advisor and leader for staff/direct
reports to meet schedules and/or resolve technical problems as well
as develops and coordinates performance requirements
Manages the coordination of the team's activities and collaborate
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.
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.
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. We will ensure that
individuals with differing abilities 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
$244,000 - $366,000 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.
Keywords: Freddie Mac, Irving , Quantitative Analytics Sr. Director - Credit Risk Models, Executive , Dallas, Texas
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