Type: Consulting

Client: Fannie Mae

Location: 1100 15th St. N.W., Washington DC 20005

Position Purpose

  • Use advanced computational, mathematical, and statistical or data analysis tools to implement and test financial modeling and analytical software systems for use in product development, portfolio management, forecasting, risk management and other business applications

Key Job Functions

  • Under general direction of supervisor, develop and implement all components of financial models, cash flow simulations and risk metrics calculations in end-user or production computing systems for use in business decisions, financial and regulatory reporting, and risk management.
  • Translate complex mathematical, business, and financial modeling logic into software code, with minimal supervision.
  • Design and execute test cases for modeling and analytical software applications to ensure they meet business needs and model requirements.
  • Assess model implementation quality and production control risk, with minimal supervision.
  • Execute model application runs, process/validate model outputs, and produce/review quantitative reports for business use.
  • Apply emerging technologies and industry best practices of model and analytical system implementation.
  • Communicate complex quantitative analysis in a clear, precise and actionable manner both verbally and in writing.
  • Work and collaborate effectively, as part of a team and across organizational lines.

Qualifications:

  • Bachelor degree in Computer Science, Computer Engineering, Math/Statistics, Finance/Economics, Physics or related engineering/quantitative fields. Master or PhD degree preferred
  • Solid knowledge in statistics, statistical data analysis and
  • Proficient in Python / R, and SQL.
  • Experience with the Unix/Linux OS
  • Knowledge/experience of quantitative financial analytics (preferably in mortgage credit risk analytics) a plus
  • Excellent written and verbal communication skills. Familiar with tools like Microsoft office suites.
  • Experience in working on FNMA internal pricing or loss forecast applications a plus.
  • Passing CFA or FRM exams a plus

Contact victor@intealgile.com to apply

Quantitative Model Application Developer at Fannie Mae