Quantitative Analytics Director – Enterprise Model Governance

As the Quantitative Analytics Director for Enterprise Model Governance at Freddie Mac, you will play a crucial role in safeguarding the accuracy and reliability of our organization's models. Our team is seeking a highly experienced and strategic leader to oversee the development, validation, and implementation of all models used across the enterprise. This is a unique opportunity to join a dynamic and innovative company and make a significant impact on our risk management and decision-making processes. If you have a strong background in quantitative analysis, model governance, and leadership, we encourage you to apply for this exciting position.

1. Develop and implement enterprise-wide model governance policies, procedures, and standards to ensure accuracy and reliability of models used by Freddie Mac.
2. Oversee the development of new models and validate their accuracy and effectiveness.
3. Lead a team of quantitative analysts and model validators to ensure timely and thorough review of all models.
4. Collaborate with cross-functional teams to identify and address potential model risks and provide recommendations for mitigation.
5. Stay up-to-date with industry best practices and regulatory requirements related to model governance and make recommendations for enhancements to current processes.
6. Communicate complex technical concepts and model results to various stakeholders, including senior management and regulatory agencies.
7. Develop and maintain strong relationships with key stakeholders, including model owners, business units, and external auditors.
8. Monitor and report on the performance of models and identify areas for improvement or optimization.
9. Lead the implementation of any changes or updates to models and ensure proper documentation and testing.
10. Provide strategic guidance and direction to continuously improve model governance processes and procedures.
11. Mentor and develop team members to build a high-performing and motivated team.
12. Collaborate with other departments to ensure alignment and consistency in model governance processes and procedures across the organization.
13. Serve as a subject matter expert on model governance for internal and external meetings and presentations.
14. Participate in industry forums and conferences to stay informed of emerging trends and developments in model governance.

According to JobzMall, the average salary range for a Quantitative Analytics Director – Enterprise Model Governance is between $175,000 to $225,000 per year. This can vary depending on factors such as location, company size, and years of experience. Some top companies in this field may offer salaries exceeding $250,000 per year. Additionally, bonuses and other incentives may also be offered as part of the compensation package.

Federal Home Loan Mortgage Corp. provides liquidity, stability and affordability to the U.S. housing market primarily by providing credit guarantee for residential mortgages originated by mortgage lenders and investing in mortgage loans and mortgage-related securities.