Freddie Mac

Quantitative Analytics Senior Director – Enterprise Model Governance

Freddie Mac

McLean, VA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a seasoned quantitative analytics professional with a passion for enterprise model governance? Do you have extensive experience in developing and implementing model risk management strategies? If so, we have an exciting opportunity for you as a Quantitative Analytics Senior Director at Freddie Mac.As the Senior Director of Enterprise Model Governance, you will play a critical role in ensuring the accuracy and integrity of our enterprise-wide models. Your expertise and leadership skills will be crucial in guiding our team in developing and maintaining robust model risk management frameworks and processes. You will have the opportunity to work collaboratively with cross-functional teams and senior management to drive strategic initiatives and shape the future direction of our model governance practices.To excel in this role, you must have a strong background in quantitative analytics, with a deep understanding of statistical modeling, machine learning, and other advanced analytical techniques. You should also have a proven track record of successfully managing and leading teams, as well as a strong understanding of regulatory requirements and industry best practices related to model governance.If you are driven, detail-oriented, and have a passion for promoting a culture of model governance excellence, we encourage you to apply for this exciting opportunity at Freddie Mac. Join us in our mission to make home possible for millions of families and individuals across the country.

  1. Develop and implement model risk management strategies to ensure the accuracy and integrity of enterprise-wide models.
  2. Lead and manage a team of quantitative analytics professionals, providing guidance and mentorship to drive the team's success.
  3. Collaborate with cross-functional teams and senior management to develop and execute strategic initiatives related to model governance.
  4. Stay current on regulatory requirements and industry best practices related to model governance, and ensure that the organization is compliant.
  5. Oversee the development and maintenance of robust model risk management frameworks and processes.
  6. Conduct thorough reviews and assessments of models to identify potential risks and issues, and develop plans to address them.
  7. Provide guidance and support to model owners and users on the proper use and validation of models.
  8. Develop and deliver presentations and reports on model governance practices and initiatives to senior management and stakeholders.
  9. Foster a culture of excellence in model governance by promoting best practices and continuous improvement.
  10. Act as a subject matter expert on quantitative analytics, statistical modeling, and machine learning techniques.
  11. Collaborate with internal and external auditors and regulators to ensure compliance with model governance requirements.
  12. Keep abreast of industry trends and advancements in quantitative analytics and incorporate them into the organization's model governance practices.
  13. Conduct training sessions and workshops for team members and stakeholders to increase awareness and understanding of model governance.
  14. Represent the organization at industry conferences and events to share insights and best practices on model governance.
  15. Drive innovation and improvement in model governance practices to support the organization's mission of making home possible for millions of families and individuals.
Where is this job?
This job is located at McLean, VA, USA
Job Qualifications
  • Advanced Degree In Quantitative Field: A Successful Candidate For This Role Should Possess At Least A Master's Degree In A Quantitative Field Such As Mathematics, Statistics, Or Finance. A Phd Is Preferred.

  • Extensive Experience In Model Development And Validation: The Ideal Candidate Should Have 10+ Years Of Experience In Developing And Validating Financial Models, Preferably In The Mortgage Industry. They Should Also Have A Strong Understanding Of Model Risk Management And Regulatory Requirements.

  • Strong Leadership Skills: This Position Requires A Candidate With Proven Leadership Skills, As They Will Be Responsible For Managing A Team Of Quantitative Analysts And Guiding Them In The Development And Implementation Of Enterprise-Wide Models.

  • Excellent Communication And Collaboration Abilities: The Senior Director Will Be Required To Work Closely With Various Stakeholders, Including Senior Management, Model Developers, And Regulators. Therefore, Strong Communication And Collaboration Skills Are Essential For Success In This Role.

  • In-Depth Knowledge Of Enterprise Model Governance: The Candidate Should Have A Deep Understanding Of Enterprise Model Governance Principles And Best Practices, Including Model Risk Management, Model Inventory, And Model Validation Processes. They Should Also Be Familiar With Industry Standards Such As Sr11-7 And Basel Iii.

Required Skills
  • Risk Management

  • Financial Reporting

  • Quantitative Research

  • Data Analysis

  • Statistical modeling

  • Team Leadership

  • Data governance

  • Regulatory compliance

  • Model validation

  • Financial Markets

  • Model Governance

  • Stake

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Quantitative Analytics Senior Director – Enterprise Model Governance in McLean, VA, USA is $185,000 - $210,000 per year. This can vary depending on factors such as the specific company, experience level, and other qualifications.

Additional Information
Freddie Mac is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedFebruary 6th, 2025
Apply BeforeMay 22nd, 2025
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About Freddie Mac

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.

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