Quantitative Risk Analysis Associate II

Reposted 6 Days Ago
Be an Early Applicant
McLean, VA, USA
In-Office
84K-126K Annually
Junior
Financial Services
The Role
Develop and maintain credit risk reports, perform ad hoc analytics, evaluate pilot programs, analyze large datasets, and support credit policy decisions. The role requires cleansing and manipulating data with SAS and SQL, interpreting monthly results, documenting processes, supporting model user acceptance testing, and collaborating across teams to deliver risk insights and presentations.
Summary Generated by Built In

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:

We are seeking a Quantitative Risk Analysis, Associate II to join the Credit Analytics & Reporting team in the Single-Family division. This position will be tasked with developing deep understanding of data and current code, designing analytical approaches for business questions and scenario evaluations, managing data research, analyses and preparation of reports and presentations.


Our Impact:
  • Our team is responsible for producing reporting packages to monitor trends and performance.
  • We analyze different test and learn or pilot programs to assess risk of the
  • offerings and create reports to monitor these offerings closely to assess broad roll out.
  • We perform significant user activities for different enterprise models for user acceptance testing and provide feedback.

Your Impact:
  • Implement baseline processes and reports monthly and interpret results as it relates to credit risk management.
  • Follow appropriate controls and standards established to maintain and build documentation for processes & reports.
  • Participate in performing ad-hoc analytics in support of credit policy.
  • Cleanse, manipulate and analyze large datasets using statistical software.
  • Collaborate with team members and interact across organizational lines to meet business objectives.

Qualifications:
  • Bachelor's Degree in Statistics, Economics, Finance, Mathematics, Computer Science, Data Science or related field, advanced Degree is a plus
  • Minimum 1-3 years of relevant experience, preferably in mortgage industry or financial services
  • Demonstrated proficiency in programming languages, preferably SAS and SQL
  • Experience in analyzing and manipulating large datasets
  • Prefer recent professional experience with analytical and/or data manipulation tools such as R and Python and Tableau for data visualization
  • Knowledge of and experience with single-family mortgage credit risk data, preferably related to GSEs

Keys to Success in this Role:
  • Self-motivated, pro-active, and results-driven problem solver.
  • Proven quantitative, analytical and problem-solving skills.
  • Strong communication skills both oral and written.
  • Excellent SAS and SQL programming skills.
  • Manage multiple priorities, meet deadlines, identify and raise issues appropriately to management.

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: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 $84,000 - $126,000 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.

Skills Required

  • Bachelor's degree in Statistics, Economics, Finance, Mathematics, Computer Science, Data Science, or a related field
  • 1-3 years of relevant professional experience
  • Proficiency in SAS and SQL programming
  • Experience analyzing and manipulating large datasets
  • Strong quantitative, analytical, problem-solving, communication, and organizational skills
  • Advanced degree
  • Experience in the mortgage industry or financial services
  • Experience with R, Python, and Tableau
  • Knowledge of single-family mortgage credit risk data, preferably related to GSEs

Freddie Mac Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Freddie Mac and has not been reviewed or approved by Freddie Mac.

  • Healthcare Strength — Health, dental, and vision insurance are consistently described as core offerings, supported by disability and life insurance coverage. Wellbeing support is reinforced through resources like a wellness center and related health programs.
  • Retirement Support — Retirement benefits are positioned as a standout element, including a 401(k) with a strong match structure and additional retirement-related features. Profit sharing and pension-plan references further increase the perceived depth of long-term financial support.
  • Parental & Family Support — Family-oriented benefits are described as extensive, including paid leave for new mothers and parental leave for spouses/domestic partners. Fertility coverage, adoption/surrogacy reimbursement, and back-up child/elder care add practical support across multiple family needs.

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The Company
HQ: McLean, VA
9,809 Employees
Year Founded: 1970

What We Do

Freddie Mac is serving America’s homebuyers, homeowners and renters by financing the creation and preservation of more affordable homeownership and rental opportunities, providing liquidity, stability and affordability to the housing market. We are Making Home Possible for families across the nation.

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