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Lead Quantitative Engineer (Hybrid)

Company: Fannie Mae
Location: Washington
Posted on: June 11, 2024

Job Description:

Job Description
As a valued colleague on our team, you will act as team lead for the development and implementation of 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, as well as coach and mentor team members.

The Lead Quantitative Engineer role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

  • Apply advanced skill, knowledge, and/or experience while leading teams in translating complex mathematical, business, and financial modeling logic into software code, as well as design and execute modeling application systems via distributed computing both on premise and on external cloud to achieve efficiency, scalability, and modularity.
  • Lead the design and execution of test cases for modeling and analytical software applications to ensure they meet business needs and model requirements.
  • Consider multiple interrelated systems, processes, or models to assess model implementation quality and production control risk.
  • Develop system requirements for model and analytical applications, such as computing power, storage, network, and security. Recommend technology platforms and architecture designs for model applications to ensure robust and scalable execution.
  • Lead the evaluation of emerging technologies and industry best practices of model and analytical system implementation.
    THE EXPERIENCE YOU BRING TO THE TEAMMinimum Required Experiences
    • Bachelor's degree or equivalent in a technical field such as mathematics, statistics, physics, engineering, computer science, or related field required
    • 4 years of experience in quantitative engineering or application development in related industryDesired Experiences
      • Advanced degree (master's or PhD) in a technical field such as mathematics, statistics, physics, engineering, computer science, or related field required
      • 3 to 5 years of experience in quantitative engineering or application development in related industry
      • Programming skills including coding, debugging, and using relevant programming languages
      • Experience working with large data
      • Experience with AWS or other Cloud environment
      • Working knowledge of CI/CD and DevOps principles -and design is a plus
      • Experience building and maintaining distributed computing systems is a plus
      • Experience developing consumer credit risk models and applications (mortgage, credit card, auto loans) is a plus
      • Adept at managing project plans, resources, and people to ensure successful project completionTools
        • Highly proficient programming skills in one of these: Python, R, Java
        • Proficient in Unix/Linux environment and shell scripting
          Additional Information
          The future is what you make it to be. Discover compelling opportunities at

          Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at careers_mailbox@fanniemae.com.
          -The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more -PandoLogic. Category:Finance, Keywords:Financial Engineer, Location:WASHINGTON, DC-20402

Keywords: Fannie Mae, Washington DC , Lead Quantitative Engineer (Hybrid), Engineering , Washington, DC

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