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Quantitative Analytics Senior Manager (Hybrid- 3 Days in Office)

Company:
Freddie Mac
Location:
McLean, VA
Posted:
May 14, 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 Internal Audit Department is currently seeking a Quantitative Analytics Senior Manager to join their Model Audit team. The Internal Audit Department is responsible for auditing artificial intelligence and machine learning models and model risk processes. The objective of the role is to bring senior leadership to the model audit team, lead audit engagements covering model risk and provide thought leadership on model risk management and emerging risks such as artificial intelligence and machine learning. Apply now and learn why there’s #MoreAtFreddieMac!

Our Impact:

The team is primarily responsible for providing model risk assurance across all material models and model-processes used at Freddie Mac. Models at Freddie Mac help Make Home Possible.

Your Impact:

Experienced model auditing or model risk management expert, project manager, and people leader.

Manages multiple complex model audits, analytics, and/or issue validations.

Experienced in planning, designing, enhancing, and approving procedures to analyze and test governance over model use, model development, and model risk oversight.

Manages the day-to-day activities of assigned teams to evaluate risk and controls associated with the company's models.

Carries all managerial duties including team supervision, real-time coaching and development, and project evaluations.

Contributes thought leadership in internal and client meetings.

Establishes and develops strong client relationships and maintains a good IA reputation.

Experienced in maintaining high audit standards.

Manages quality and timely delivery of valuable automation and analytics initiatives.

Qualifications:

Master’s degree or PhD in quantitative field such as Economics, Finance, Statistics, Mathematics, Engineering

10-12 years of applying or reviewing quantitative analytics (or PhD and 7-8 years of experience)

5-8 years of successfully project managing complex model-related and advisory projects

Knowledge of Model Risk Audit and relevant regulatory guidance.

Experienced people leader, motivator, and project manager

Effectively manages use of team resources

Advanced modeling and programming experience

Growing knowledge of AI/ML techniques and associated heightened risks

Deeply knowledgeable of regression models, machine learning models, stochastic process modeling, Monte-Carlo simulation, optimization and/or other econometric and statistical techniques such as survival, proportional hazards, etc.

Ability to work across teams and with diverse groups of modeling and risk professionals in an effective and efficient manner.

Self motivated, with the capability of managing multiple priorities and efficient in proposing solutions.

Keys to Success in this Role:

Excellent project management and people leadership skills.

Proactively supports execution of the audit plan, team members, and department needs.

Balances “How to lead people” and “What must be done”.

Experienced in evaluating model governance and model risk frameworks.

Subject matter expert in modeling, model validation, and auditing of complex models.

Experienced in providing assurance through model control testing.

Communicates effectively with clients and influences a room.

Excellent understanding of audit methodology and risk management.

Very comfortable working on multiple competing projects and priorities.

Establishes and maintains a trusting environment that encourages collaboration, inclusivity, and values all perspectives.

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: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 $176,000 - $264,000 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.

JR12909

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