Job Description
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:
Are you curious and analytical? 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 Costing Analytics Team!
Freddie Mac’s Pricing & Costing Analytics group within the Single-Family Division, is seeking a Senior Pricing Security Analyst to work closely with a team dedicated to supporting both new and existing business initiatives/offerings, pricing, and valuation strategies. This role involves designing analytical approaches to effectively address complex business questions and scenario evaluations, managing comprehensive data research, analyses and preparation of detailed reports and presentations by analyzing and leveraging various very high- and high-risk corporate credit models.
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.
Evaluate the overall story and make decisions on the credit risk profile and/or borrower prepay behavior.
Your Impact:
Execute advanced costing/pricing analytics processes for existing and new offerings, transactions, and pricing strategies.
Develop the costing analytics framework by analyzing quantitative models (credit default, prepayment, house prices, interest rates) for new products/loans and the existing portfolio.
Quantify Costing values using model outputs and other quantitative skills to analyze relative risk of each product within new acquisitions.
Participate in model validation, model testing, challenge modelling approaches, help review OGM metrics and establish model thresholds to reflect financial or business impacts.
Maintain and streamline key costing tools, updating them as necessary and providing testing evidence and documentation.
Partner with others to improve infrastructure for a reporting and analytics hub/repository for use by costing and others.
Work with pricing, offerings, costing, and CRT personnel to identify appropriate analyses for questions, issues, or market developments.
Execute third-party and proprietary tools to analyze economics and value of risk-share structures (recourse, indemnification, CE).
Provide analysis of offerings, ideas, and transactions; monitor PLS and CRT market trends.
Projects as assigned by management: Candidate will be responsible for 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:
5+ years of relevant work experience.
Degree in applied mathematics, economics, physics, statistics, data science or other quantitative field as well as strong background in computer science or econometrics.
Proficiency in Excel and PowerPoint; familiarity with advanced data management tools and/or statistical tools (e.g., SAS and/or Python)
Strong written and verbal communication skills, with attention to detail.
Ability to manage multiple tasks in a structured, deadline‑driven environment.
Keys to Success in this Role:
Exceptional quantitative, analytical, and communication skills.
Self-motivated, proactive and results driven problem solver, able to manage multiple priorities without heavy supervision
Highly flexible and adaptable; able to thrive in ambiguous situations and fast paced environment.
Ability to work collaboratively and build relationships across teams
SAS or SQL or equivalent programming experience.
Knowledge of Freddie Mac operations and the secondary mortgage market.
Experience building or working with models
Fixed-income knowledge.
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 timeFLSA Status:ExemptFreddie 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 $104,000 - $156,000 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.