Pricing & Security Analytics Professional
Freddie Mac
2021-12-03 08:54:26
Abingdon, Virginia, United States
Job type: fulltime
Job industry: Other
Job description
Job DescriptionAt 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. As part of Freddie Mac's return to the office pilot, all employees, contingent workers and visitors must be fully vaccinated against COVID-19 in order to be on-site unless they have an approved accommodation.Position Overview:Are you persistent with puzzles? Do you want to expand and refine your quantitative skills? We need someone willing to learn the meta-mortgage game from origin to end. Someone to master analytic methods of collateral valuation and support evaluating Freddie Mac's competitive position in the mortgage market. If you are determined, self-motivated and persistent in the pursuit of understanding, then apply today to our Pricing Analytics Team!Freddie Mac's Pricing and Costing group within the Single-Family Division is seeking a Costing Professional to support a team responsible for supporting new and existing business initiatives/offerings, pricing and valuation.Our Impact:Our team is responsible for providing Pricing/Costing Analytics to support new business guarantee fee pricing decisions.Innovate based on market behaviors while efficiently analyzing, mitigating, and clearly defining credit risk and/or prepay risk.Evaluating the overall story and making decisions on the credit risk profile and/or borrower prepay behavior.Your Impact:Work with pricing, offerings, costing and CRT personnel to help identify the appropriate analyses to respond to questions, issues, or market developments at hand.In support of existing and proposed new offerings, transactions and pricing proposal, execute costing, analytical and reporting processes. Streamline and document where needed/appropriate.Maintain existing costing tools, update them as necessary. Work with all the partners to provide testing evidence and supporting model documentation.Partner with others to improve infrastructure for a reporting and analytics hub or repository for use by costing and others.Credit Analytics: Execute third party and proprietary tools to analyze economics and value of risk share structure (Recourse/Indemnification/CE). Provide analysis of offering, ideas and transactions.Maintain and streamline key End User Computing systems.Projects as assigned by management: Candidate will need to support various ad hoc and on-going requests. This may include governance support, e.g., audit, development of procedures, records management, or other needs as identified by management.Qualifications:2 plus years of working experience.College degree in an area pertinent to the position, e.g., finance, accounting, math, statistics, economics, business or related field.Very strong skills with spreadsheet software; familiarity with basic data management tools and/or statistical tools (e.g., SAS).Keys to Success in this Role:Outstanding quantitative, analytical and communication skills.Ability to self-teach and work without detailed instruction.Flexible and adaptable; able to work in ambiguous situations.Must be a phenomenal teammate and be able to work collaboratively.SAS or SQL or equivalent programming experience.Knowledge of Freddie Mac operations and secondary mortgage market.Experience building or working with models.Fixed-income knowledge.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 timeJob Category:Securitization-Policy-TransactFLSA Status:Exempt