Financial Model Developer, Professional | McLean, VA, USA
Job
Freddie Mac
McLean, VA (In Person)
$136,000 Salary, Full-Time
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Job Description
Financial Model Developer, Professional 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.
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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.Your Impact:
Design, build, validate, and maintain high-performance, scalable, and fault-tolerant financial models to support strategic planning, investment decisions, forecasting, valuation, and performance reporting. This role partners with Finance, FP&A, Strategy, and business stakeholders to translate business requirements into robust, auditable, and scalable models.- 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.
Qualifications:
- 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.
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.
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 toExternal 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 timeFLSA Status:
Non-Exempt Freddie 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 $109,000 - $163,000 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.Similar jobs in McLean, VA
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