Quantitative Engineer IV

Job Description

THE COMPANY

Fannie Mae provides reliable, large-scale access to affordable mortgage credit in communities across our nation. We are the leading source of funding for housing in America, which means more people can buy or rent a home. We are focused on sustaining the housing recovery, improving our company, and leading change to make housing better.

Join our diverse, high-performing team and make a difference as we work together to enable access to a good home.

JOB INFORMATION

Use advanced computational, mathematical, statistical, or data analysis tools to apply financial or economic theory in creating, implementing or testing modeling and analytical software systems for use in product development, pricing, portfolio management, forecasting, risk management and other business applications.

KEY JOB FUNCTIONS

  • Develop and implement all components of financial models, cash flow simulations, P&L 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. Design and execute test cases for modeling and analytical software applications to ensure they meet business needs and model requirements. Design and execute modeling application systems via distributed computing both on premise and on external cloud.
  • Assess model implementation quality and production control risk. Execute model application runs, process/validate model outputs, and produce/review quantitative reports for business use.
  • Evaluate system requirements for model and analytical applications such as computing power, storage, network, and security, and recommend technology platforms and architecture designs for model applications to ensure robust and scalable execution.
  • Monitor emerging technologies and industry best practices of model and analytical system implementation, evaluate and propose adoption of such technologies or best practices.
  • 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. Serve as project lead to development and implement solutions to meet business needs.
  • Provide technical guidance or coaching to more junior staff.
  • Work autonomously, guiding teams and often act as Subject Matter Expert resource across departments or as an ?in-house-expert?.

 

 

EDUCATION

Education Level Required (if any)
Bachelor's Degree

 

 

Education Level Preferred (if any)
Masters, PhD or Other Advanced Degree
MINIMUM EXPERIENCE
6+ years 
SPECIALIZED KNOWLEDGE & SKILLS
  • Ph.D. or multiple masters degrees in Computer Science, Engineering, Applied Mathematics, Statistics, Economics or Finance or a related discipline is strongly preferred.
  • Strong programming experience in Open Source languages such as Python and R is required 
  • Amazon Web Services (AWS) cloud development is required.
  • Knowledge of Machine Learning modeling techniques, particularly as applied to Natural Language Processing and content analytics is required. 
  • Experience using graph databases and queries to establish a Knowledge Base and execute intelligent internal search is required.
  • Experience with Financial Risk Modeling is required.

 

EMPLOYMENT

As a condition of employment with Fannie Mae, any successful job applicant will be required to successfully complete a background investigation.

Fannie Mae is an Equal Opportunity Employer.

 

 


Req ID: 59061