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:
Corporate Accounting and Analysis department within Freddie Mac’s Finance division is seeking a Financial Accounting & Analysis Tech Lead to be part of the Enterprise Credit Loss Forecast and Allowance team. The hired individual will be responsible to lead the development of model updates and User Acceptance Testing (UAT) for Loan Loss Reserve (LLR) application, transition corporate data repository from Consolidated Data Warehouse (CDW) to a new data platform, performing ad hoc research, supporting execution of the baseline process, and working with our partners across the company as well as internal and external review groups to provide analysis to support the appropriateness of the LLR.
Our Impact:
The LLR team within the Corporate Accounting and Analysis department is responsible for loan loss reserve estimation for the Single-Family Guarantee Portfolio as of the balance sheet date as well as the annual Dodd-Frank Act Stress Test (DFAST) and other forecasts.
Your Impact:
Produce timely, accurate and reliable financial information
Partner with internal customers to understand their needs and provide data to supporting them
Prepare and review analytical presentations delivered to senior management and the Board of Directors
Work closely with modeling and ERM team members to support new releases for CECL LLR application and ongoing assessment of the LLR process
Work closely with the IT teams that support the CECL LLR application and CDW tables update
Qualifications:
8+ years related experience in financial services
Bachelor's degree in Finance, Accounting or related degree
Proficiency in Microsoft Excel, SQL, SAS, Python and the aptitude to learn other software
Ability to multi-task
Strong attention to details
Keys to Success in this Role:
Strong communication skills
Strong problem-solving capabilities
Understanding of financial models and data analysis
Ability to work independently with limited direction and collaborate with other teams (both upstream and downstream stakeholders)
Ability to multi-task and manage competing deadlines/priorities
Deep curiosity to learn about loan loss reserve and data mining.
Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time FLSA Status:ExemptFreddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $122,000 - $184,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.
