Single-Family Financial Forecasting Modeling Senior
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.
Position Overview
The Single-Family Financial Forecasting Modeling Senior plays a critical role in supporting the Financial Planning and Analyis team by providing critical support for financial forecasting, including new business assumptions, analysis of forecast and actual results, forecast and actual reporting of Income Statement, Balance Sheet, and Capital. This position requires a confident, self-motivated professional with strong analytical, financial modeling, project management and communication skills. The Senior will work cross-functionally with Finance, Single Family Business Functions and other lines of business to ensure accurate forecasting, reporting, among other adhoc requests.
Our Impact
The Financial Forecasting and Reporting Team is responsible for the consolidation of the Single-Family segment Income Statement, Balance Sheet and Capital forecasting and actual results, reporting and analytics on a monthly, quarterly and annual basis. In addition, the team supports the quarterly and annual external reporting submissions of the 10K/10Q and Press Release. Our central role is to be a close and reliable partner to senior management, the Single-Family business, support Board and FHFA related reporting and analysis.
The Finanical Forecasting and Reporting Team reports to the VP of Single-Family Financial Planning and Analysis. This is a great opportunity to join and be part of a results driven team that will support critical forecasting and actual analysis and reporting of Income Statement, Balance Sheet and Capital results.
Your Impact
As Single-Family Financial Forecasting Modeling Senior you will:
Support the monthly, quarterly and annual development of new business assumptions; Collaborate with the SF Business units to gather relevant input and data to ensure alignment with business views
Create and interpret analysis and reports used internally and externally to understand and explain SF segment results of Income Statement, Balance Sheet and Capital
Assist in preparation of the forecasts for all monthly, quarterly, annual and multi-year business planning cycles across a range of scenarios including Annual Business Plan, regulatory stress testing (DFAST), Capital Planning and Performance Loss Appetite cycles, partnering with the business and finance teams
Support the review, understanding and update of reporting policies and procedures to align with internal and regulatory guidance; Ensure governance frameworks process flows, risk and controls are current and reflect changes in business strategy, models, or regulatory requirements
Gain in-depth understanding of source data and related controls to ensure integrity of reporting and analysis
Communicate results clearly to internal customers
Develop and demonstrate subject matter expertise in various aspects of the Single Family segment and business results
Apply a consistent and mature understanding of standard risk management and controls assurance principles, theories, concepts, and techniques
Support ad hoc analysis and reporting needs
Qualifications:
5-7 years of related experience in financial forecasting, reporting and analysis strongly preferred
Bachelor’s degree in Finance, Accounting, Economics, Business, Mathematics, or a related field required
Demonstrated quantitative, analytical and problem-solving skills, with attention to detail and high quality self-review of work products
Demonstrated ability to manage multiple priorities, meet rigorous deadlines, identify and escalate issues appropriately to supervisors and management, and assimilate constructive feedback
Effective communication and interpersonal skills, comfortable communicating with various levels of the organization
Ability to deliver positive change, influence and build strong relationships across different / divergent areas and stakeholders in complex organizations
Keys to Success in this Role:
Organized, strategically focused, detail oriented and due diligence on deliverables, self-starter able to adapt to an evolving environment
Exceptionally strong analytical, project management, and communication skills; with the ability to work in a fast-paced team environment
Proven ability to learn new business concepts and skills quickly
Demonstrate the ability to build relationships across the Enterprise
General knowledge of mortgage and financial market dynamics, risks, and data
Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
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.
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Time-type:Full timeFLSA Status:ExemptFreddie 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 $103,000 - $155,000 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.
