Financial Performance & Market Risk Analytics Professional Full Time

Freddie Mac’s Finance division is seeking a Financial Performance & Market Risk Analytics Professional to be part of the Investments and Capital Markets CFO department. The candidate will be responsible for supporting the Asset & Liability (ALM) function within the Capital Markets business. Our team is responsible for, reporting, analyzing and forecasting firm’s economic & GAAP interest rate risk, counterparty risk and associated metrics and results

Our Impact:

• The Investments and Capital Markets CFO department is responsible for financial accounting and reporting, portfolio risk and profitability analysis, pricing and valuation activities and financial planning & analysis for Freddie Mac’s Capital Markets activities
• The team helps ensure Freddie Mac’s ALM function adheres to Management, Board, and FHFA Limits through our daily and monthly reporting
• The team provides our economic and GAAP interest-rate risk profile on a daily basis to multiple partners within Freddie Mac
• The team supports Counterparty Credit Risk Management (CCRM) function by reporting and analyzing the official risk metrics
• We partner and build relationships with the different Capital Markets trading desks to understand their needs and provide reporting and analysis to support their roles
• The team performs ad hoc business analysis per request of management and independently develops new beneficial analytics to help make better business decisions
• Our team also aids in analysis to ensure optimal effectiveness of Freddie Mac’s Hedge Accounting program
• We create interest-rate hedging forecasts used to project the comprehensive income of the firm under various scenarios, including the annual Dodd-Frank Act Stress Test (DFAST)

Your Impact:

In this role, you will be an integral part of managing the firm’s interest-rate risk, and will be expected to add value by developing enhanced analytics and reporting.

• Interact with ALM (Asset & Liability Management) traders and various other trading desks within the Investments and Capital Markets division on portfolio activities, market conditions, and results
• Analyze the sensitivity of financial results to interest-rate changes and other market factors
• Provide detailed analysis related to Interest Rate P/L on exposures across the firm
• Implement enhancements, including UAT related to our interest-rate risk and forecast applications
• Seek opportunities for enhancing and improving our processes and data infrastructure
• Work with the manager to build new analytics to support business processes
• Prepare presentations delivered to senior management and the Board of Directors

Qualifications:

• Minimum of 2 years of experience in fixed income, financial services, and/or financial analysis
• Bachelor’s degree in Finance, Accounting, or related degree
• Experience running queries using SQL
• Strong problem-solving and critical thinking capabilities
• Strong attention to detail
• Ability to multi-task and provide analysis under tight deadlines
• Engaged learner willing to question the status quo
• Excellent Microsoft Excel Skills and experience working with large datasets
• Punctuality!
• Preferred – progress towards CFA designation Certification

Key to Success in this Role:

This role requires punctuality, heavy critical thinking and the ability to independently develop new analytics and enhancements to support the business. To be successful, it requires a passion for constant learning and ability to translate data and knowledge into actionable items. Possessing good technical aptitude to work with trade and position data and build summary analysis.

The team operates in a fast-paced environment so a successful candidate will be able to balance multiple competing tasks and adhere to short deadlines. Given the analytical nature of the role, the candidate is encouraged to take high level requests or objectives and have the capability to independently determine what is required to build or produce the analysis. A fundamental understanding of fixed income fundamentals and calculations (i.e. mortgage backed securities, interest-rate derivatives, corporate debt) will be required to be effective in the role.

Source: Freddie Mac’s Career Page

Tagged as: REPE Firm