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RISK MODELING MANAGER

Freddie Mac

McLean, VA

At Freddie Mac, you'll play a part supporting the company's role in the economic recovery as you make home possible and support the President's Making Home Affordable program. A vital component in the secondary mortgage market, Freddie Mac has made home ownership and rental housing more accessible and affordable for over 50 million families across America.

In the vital role of Risk Modeling Manager, you will support credit risk management activities by assisting in identifying, evaluating and addressing credit risk. A key focus of the position is on estimating loan loss reserves and credit loss forecasting, including related analytics, presentations and controls.

Specific functions include, but are not limited to:

·        Conducting special research and study efforts

·        Identifying and communicating credit attribute relationships and results drivers

·        Interpreting performance of impact analysis and customer needs analysis to support the development of credit risk management strategies

·        Managing the development of systems for identifying, collecting and using performance information/data

·        Designing and developing databases

·        Designing data sampling methods

·        Managing the development and implementation of methods, systems and tools for capturing and organizing the performance information

·        Managing the monitoring of trends and issues and creating a time series

·        Quantitative risk measurement and development of a timely valuation process

·        Managing risk assessment activities of a product, loan or portfolio

·        Making recommendations to management based on observations

·        Providing analytical services, including financial engineering, valuation, financial advisory, ad hoc requests/reports and forecast performance characteristics of new products

·        Continually refreshing information, processes and tools

·        Managing or leading staff, including making assignments and motivating, evaluating, training and counseling team members

·        Defining project scope, planning major project phases and establishing project success factors

·        Making recommendations regarding hiring and retention of staff

·        Reporting status and progress of work group

All qualified candidates must have:

·        Bachelor's degree in Business, Economics, Finance, Computer Science, Information Systems or related discipline or an equivalent combination of education and experience (Graduate degree in Economics, Statistics or related field desirable)

·        Seven years' experience with demonstration of successfully using required skills

·        Demonstrated knowledge and understanding of external and internal performance benchmarks

·        A high level of personal ownership for results

·        SAS skills and knowledge/experience with UNIX environment

·        Sound writing and presentation skills

·        A high level of motivation

·        A detail orientation

·        Excellent team-playing/building skills

Freddie Mac is an equal opportunity employer who firmly supports and recognizes the value of diversity and inclusion.

Please visit www.FreddieMac.jobs to apply to this position listed as 203791.