Financial Modeling Software Engineer

Financial Model Development Professional

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 looking to be part of a technology team beyond the ordinary? A place full of exciting challenges and the engineers up to solving them? Then welcome to Financial Engineering!

This is the place where the financial models become software products, where many of the numbers that drive our business decisions are produced. Our systems are used for interest rate and credit risk management, investment analysis and trading, security issuance, automated loan underwriting, distressed loan decisions, economic and regulatory capital, property valuation, financial reporting, economic and GAAP forecasting, and more! If you have finance and/or technology background, experience with critical applications, and thrive on ensuring operational excellence, apply for a Financial Model Development Professional position in the Financial Engineering team.

Our Impact:

The Investments and Capital Markets (I&CM) division is responsible for management of the retained portfolio as well as Freddie Mac's debt funding, liquidity management and interest-rate hedging. The division is also responsible for I&CM securitization.

This role supports Freddie Mac's Counterparty Credit Risk Management activities by delivering scalable, fault-tolerant, and well-governed quantitative models for valuation, risk management, and financial capital forecasting.

Your Impact:

• Monitor System's Execution in Production

• Use automated and other tools to detect any problems in the operational environment.

• Proactively connect with technology and business to resolve operational problems.

• Implement automation requirements and other technical enhancements.

• First-line Requirements Validation

• Actively seek opportunities to continuously improve the quality of systems and processes.

• Promote industry-leading design practices for mission-critical applications.

• Analysis and Communication

• Perform designed or ad-hoc analysis in a constantly evolving and moving environment to support capital markets trading desks.

• Clearly craft and articulate messages (both written and verbal) related to Finance and Technology to a broad range of audiences

• Seek and design ways to automate tasks; ideally using Python or other programming languages

Qualifications:

• 3+ years of experience with analytical tools: SQL, Python, Excel, and similar.

• Bachelor's Degree in Computer Science or similar discipline.

• Good knowledge of Fixed Income and/or Finance Analytics.

• Experience in working with and/or supporting mission-critical applications.

Keys to Success in this Role:

• Be a good team player with positive mindset.

• Excellent communication and social skills working in a collaborative team and interacting with business customers.

• Bringing an analytical and imaginative attitude to work every day.

• Steadfast attention to business and technical details.

• Passion to ensure customer happiness and improve processes.