Freddie Mac - Entry Level Position

Modeling Graduate, (C4T Position # 58336)
Freddie Mac, McLean, VA

POSITION TYPE:  Entry Level (Full-Time), Permanent Experienced Hire

Freddie Mac offers a dynamic work environment, enabling Modeling Graduates to grow with us through a wide variety of experiences and responsibilities. Modeling Graduates start in a cohort with unique training on the development, analysis, and use of models across the enterprise along with Freddie Mac's business as a whole. Modeling Graduates take specific roles in Single-Family Models & Analytics, Multi-Family Research & Modeling, Financial Research and Engineering, Office of the Chief Economist, Credit Models, Enterprise Risk Models & Methods, or Internal Audit Model Risk & Data Analytics. Placement is determined as candidates advance through the hiring process based on candidate experiences, skill sets, and interests as well as business need. Modeling Graduates apply financial and statistical modeling and economic principles, concepts, and techniques in all roles, but with differing focuses. Regardless of placement, Modeling Graduates collaborate with experts who have been in the industry for years and are eager to impart their knowledge.

Job Duties

Modeling Graduates apply financial and statistical modeling and economic principles, concepts, and techniques in all roles, but with differing focuses. Modeling Graduates take specific roles in one of the following departments:

- Single-Family Models & Analytics: In Single-Family Models & Analytics, Modeling Graduates develop and improve models used by our customers to underwrite or service Freddie Mac mortgages. Routinely this could mean:

-Developing statistical models used to predict the probability of default and the loss given default (severity).

-Valuing cash flows based on statistical models of default and severity.

-Monitoring the performance over time of statistical and financial valuation models.

- Financial Research & Engineering: In Financial Research & Engineering, Modeling Graduates develop and analyze models for use company-wide. Development is primarily done in SAS and C++.

- Office of the Chief Economist: Modeling Graduates in the Office of the Chief Economist participate in forecasting the housing and mortgage markets, as well as perform economic research on market trends and policy issues affecting the company.

- Credit Models: Modeling Graduates in Credit Models assist in developing models for measuring monitoring and forecasting home prices.

- And more!

To read more about the position, log in to your Career4Terps (C4T) account(http://www.careercenter.umd.edu/) and paste the ID number (listed beside the position titles) in the "Search" box.