Lead Quantitative Modeler

Company: The Fannie Mae
Location: Washington
Posted on: May 4, 2025

Job Description:

Lead Quantitative ModelerApplyRemote type: Flex - Locations: Washington, DC - Full-time - Posted: 2 Days Ago - Job Requisition ID: JR181At Fannie Mae, our inspiring work helps make homeownership possible for millions. Join a collaborative, energizing environment where you can grow your career and contribute to affordable housing finance.Job DescriptionAs a team lead, you will conduct theoretical and empirical research using public and proprietary data across various mortgage finance areas, including mortgage products, securities, borrower behavior, investment strategies, property valuation, macroeconomic models, and financial valuation. You will also coach and mentor team members.The Impact You Will MakeThe Enterprise Model Risk - Quantitative Modeling - Lead Associate role offers flexibility to shape your day while collaborating with dedicated colleagues. Your responsibilities include:

• Producing model validation reports and assessments, evaluating model performance and environmental impacts on risk.
• Applying advanced skills to complete model validation projects following company policies and industry standards.
• Developing validation and testing strategies, assessing model quality, and interpreting results within business contexts.
• Communicating complex technical information clearly to leadership and teams.Minimum Required Experiences
  • 4 years of relevant experience
  • Bachelor's degree or equivalentDesired Experiences
    • Advanced degree (PhD or Masters) in a quantitative field such as Statistics, Economics, Applied Math, Physics, or Computer Science
    • Experience in large financial institutions with Enterprise Risk Management functions
    • Model development or validation experience
    • Experience with machine learning models
    • Familiarity with emerging technologies like Large Language Models and Generative AISkills
      • Understanding of business contexts requiring models or analytical solutions
      • Quick learner, building on strong foundational knowledge
      • Effective communication of technical subjects, both verbally and in writingTools
        • Proficiency in programming languages like Python and R
        • Experience with machine learning libraries such as Numpy, Pandas, TensorFlow, PyTorch, Scikit-Learn
        • Skills in creating technical documents with equations, charts, and model diagnosticsDiscover more at careers.fanniemae.com. We offer flexible hybrid work arrangements, embracing remote work while maintaining office collaboration when needed.Fannie Mae is an Equal Opportunity Employer committed to diversity and inclusion. For accommodations in the application process, contact us at careers_mailbox@fanniemae.com.
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Keywords: The Fannie Mae, Baltimore , Lead Quantitative Modeler, Other , Washington, Maryland