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Financial Model Developer, Professional

External
Freddie Mac logoFreddie Mac · Mclean, VA
Full-timeOn-site2w ago
DocumentationForecastingJavaPythonRequirements GatheringRisk Management
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Responsibilities

  • Develop and maintain financial models for cash flow forecasting, capital planning, scenario analysis, and valuation.
  • Translate business requirements into model structures, assumptions, and outputs.
  • Validate model implementation accuracy through reconciliation.
  • Develop and maintain automated test suites in Python (unit, regression, and integration tests) to ensure numerical correctness, reproducibility, and robust model governance.
  • Maintain version control, documentation, and change logs; ensure models meet internal governance standards.
  • Continuously improve model architecture, computational efficiency, and technical quality (e.g., refactoring, numerical methods, documentation) to increase business impact and reduce model risk.
  • Partner with application teams to ensure our quantitative library is properly integrated into production systems.
  • Support ad hoc analyses as needed.

Requirements

  • Bachelors of Science in Computer Science, Information Systems, or equivalent work experience.
  • At least 2 years of experience developing production software.
  • Programming experience developing and testing with C++, Python, or Java.
  • Solid quantitative skills (statistics, econometrics, algebra).
  • Experience writing automated unit, integration, regression, performance, and acceptance tests.
  • Keys to Success in this Role:
  • Passion for hands-on programming.
  • Strong math and analytical skills, and a strong interest in growing financial knowledge.
  • Desire to work across all aspects of the software development lifecycle: requirements gathering, design, development, testing, and operations.
  • Strong collaboration and communication skills (both written and verbal).
  • Desire to continuously improve the team's technical practices.
  • Ability to quickly learn, apply, and deploy new technologies to solve emerging problems.
  • Current Freddie Mac employees please apply through the internal career site.
  • 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. Re

Benefits

Vision insurance

Additional Information

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: The Financial Model Developer will design, build, validate, and maintain the high-performance cash flow models and supporting calculation library used across the Investments and Capital Markets (I&CM) division. This role supports Freddie Mac's retained portfolio, interest-rate hedging, and securitization activities by delivering scalable, fault-tolerant, and well-governed quantitative models for valuation, risk management, and financial capital forecasting. Our Impact: The Investments and Capital Markets (I&CM) division is responsible for managing the retained portfolio, as well as Freddie Mac's debt funding, liquidity management, and interest-rate hedging. The division is also responsible for I&CM securitization. Our team develops the core cash flow calculation library and the models that drive these calculations. The library is used by multiple applications for valuation and risk management of Freddie's portfolios, as well as financial capital forecasting.


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