Freddie Mac

Position Overview:Freddie Mac’s Enterprise Model Risk Management group is currently seeking a Quantitative Analytics Senior Director to lead the model implementation and peer review group to perform effective challenge of the conceptual design of models, and verifies the accuracy of their implementation.. Ensure conformance to internal control standards for associated model validation processes.. Effectively engage with model governance and reporting functions, and other model validation groups, and support model risk activities.. Build positive relationships and consensus across the lines of defense on model validation matters, aligning conflicting priorities and resolving issues to achieve progress.. Typically has 15+ years related experience in regulated financial services institutions with focus in housing markets and structured products.

implementation

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. Position Overview:Freddie Mac’s Enterprise Model Risk Management group is currently seeking a Quantitative Analytics Senior Director to lead the model implementation and peer review group to perform effective challenge of the conceptual design of models, and verifies the accuracy of their implementation. 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:Responsible for reviewing and ensuring the validity of the implementation of financial models across all risk types (credit risk, market risk, counterparty risk, etc) by performing analytics and tests to verify implementation accuracy, and prepares implementation validation documentation in compliance with all applicable standards and procedures.Responsible for managing the peer review of the validation of model changes, model processes and overlays, including validation and review of appropriate controls and preparing associated documentation.Ensure conformance to internal control standards for associated model validation processes.Effectively interact with model developers, implementers and users, business stakeholders, and governance committees to manage model validations, including operational management of associated model risk processes, and ensure compliance with Model Risk Policy and StandardsParticipate and support in audit and regulatory engagements, including issue remediation activities related to model risk.Establish operational objectives and work plans, and delegate assignments to staff.Effectively engage with model governance and reporting functions, and other model validation groups, and support model risk activities.Build positive relationships and consensus across the lines of defense on model validation matters, aligning conflicting priorities and resolving issues to achieve progress.Directly manage model implementation and peer review staff, and conduct performance reviews and ratings.Promote 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.

START NEW SEARCH