What are the responsibilities and job description for the Quantitative Analytics Director position at freddiemac?
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: The Quantitative Analytics Director will be responsible for oversight, planning, executing, and documenting risk assessment of sophisticated credit risk models, methods, policies related to SF acquisition. Provides innovative, detailed and practical solutions to an extensive range of challenging problems. Works on complex issues where analysis of situations or data requires an in-depth knowledge of the company. Our Impact: The SF Acquisition Credit Risk team provides independent assessments of material Single-Family acquisition credit risks, and using our robust business sense, collaboration and focused analytics, we support Freddie Mac’s balance of credit risk and mission objectives within the defined risk appetite. Your Impact: Ensuring analysis and framework used in the Single-Family (SF) acquisition decision making and regulatory submission capture all risks appropriately Assisting and advising senior management in their decision making by providing in-depth quantitative analytical support Providing independent risk assessments related to SF credit risk models and credit policies Monitoring emerging risks, market trend and external research to provide effective challenge to the SF business area Developing and monitoring risk appetite for SF acquisition Qualifications: Typically has 12 related experience 5 years management experience Advanced degree in Economics, Statistics, Mathematics or related fields Experience with consumer credit risk models, scorecards, credit bureau data and model, swap analysis Ability to translate complex statistical models and methodologies into simple business terms Mortgage industry experience in risk management and risk analytics Keys to Success in this Role: Solid problem solver, innovative and out of box thinker Strong collaboration, excellent planning and communication skills Leadership – Set and execute upon a clear vision, strategy, and/or goals Seek and Embrace Change – Continuously improve work processes rather than accepting the status quo Growth and Development – Know or learn what is needed to deliver results and successfully compete 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 $212,000 - $318,000 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. Freddie Mac makes homeownership and rental housing more accessible and affordable. Operating in the secondary mortgage market, we keep mortgage capital flowing by purchasing mortgage loans from lenders so they in turn can provide more loans to qualified borrowers. Our mission to provide liquidity, stability, and affordability to the U.S. housing market in all economic conditions extends to all communities from coast to coast.
Salary : $212,000 - $318,000
