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Financial Forecasting Modeling, Professional (Hybrid - 3 Days in

Company:
Freddie Mac
Location:
McLean, VA
Posted:
May 07, 2024
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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 Finance Division is seeking a Financial Forecasting Modeling Professional (Financial Planning & Analysis Professional) to be part of the Investments and Capital Markets CFO department.

Our Impact:

The Investments and Capital Markets CFO department is responsible for financial accounting and reporting, portfolio risk and profitability analysis, pricing and valuation activities, and financial planning & analysis for Freddie Mac’s Capital Markets segment. The hired individual will join the Investment & Capital Market (I&CM) Financial Planning and Analysis team and contribute to the Capital Markets financial forecast including stress test results.

Your Impact:

Your Work Falls into Two Primary Categories:

Financial Planning and Analysis

Assist in execution of monthly, quarterly and annual financial forecasts, including Freddie Mac’s annual DFAST Stress testing

Build detailed financial and analytical calculations to supervise scenario modeling

Work with business and finance partners on enhancing an extensive framework to support financial planning and forecast processes, improve forecast accuracy, and increase explanatory power

Analyze and explain segment results including items related to amortization, fair value changes, and net interest income

Review current analytical and forecast processes to recommend and implement enhancement opportunities

Perform business strategic analysis and reporting for I&CM Finance

Build new analytical and reporting FP&A dashboards to enhance business monitoring and reduce forecast variance

Provide requirements and test forecasting enhancements to our Financial Forecasting Application (Mercury+)

Explain the market conditions and Investments & Capital Markets activities that influence earnings sensitivity

Management and Board Reporting and Other Ad hoc Requests

Prepare Management and Board Reporting related to financial and business results

Support the preparation of presentations to senior management including the Board of Directors

Implement special projects / ad hoc analyses, as initiatives, products, risks, and opportunities are constantly evolving

Produce analytic results and communicate to senior management and business segments

Learn to use existing finance tools and help build new ones

Help automate, improve, and scale reporting and business metrics

Analyze market and internal metrics to identify trends and highlight opportunities to drive business performance across departments

Qualifications:

2-4 years of financial forecasting, reporting and analytics work experience

Bachelor's degree required (Concentration in Finance, Accounting, Economics, Statistics, or related degree)

Knowledge of GAAP financial accounting and reporting concepts

Strong financial aptitude and robust analytical skills

Advanced experience with MS Excel and PowerPoint, and some experience with data visualization tools

Keys to

Success in this Role:

Strong desire and ability to build new analytics, tackle complex and unstructured problems

Proactive and a team first mentality

Strong communication and time management skills

Comfortable with ambiguity and working in a fast-paced environment

Outstanding analytical and problem-solving skills with a focus on attention to detail while delivering against tight deadlines

Ability to adjust and adapt to changes in the current processes in order to meet management/company’s changing needs

Self-starter/independent problem solver: proven ambition to tackle new roles with growing responsibility

At Freddie Mac, our inclusive and diverse culture drives our success and makes us a stronger company. Collectively, we are both leaders and collaborators who work together to meet our mission of Making Home Possible for families across the U.S.

Apply now and learn why there’s #MoreAtFreddieMac!

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.

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 and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Non-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 $80,000 - $120,000 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.

JR12889

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