Freddie Mac - Capital Markets Analyst
Interview
What does Freddie Mac do? - answer From my understanding, Freddie Mac is
government sponsored enterprise that buys up home loans from lenders operating in
the primary mortgage market and sells them on the secondary mortgage market. The
primary lenders have finite resources, so by buying up their mortgage loans, Freddie
Mac ensures that credit is available to many more qualified borrowers. That covers
availability, but Freddie Mac also makes mortgage products affordable. 30 year
mortgages are great for homeowners because they get affordable monthly payments
and a long-term fixed interest rate, but they're risky for lenders. Freddie Mac shifts the
risk of issuing the 30 year fixed rate mortgage to private investors and portfolio
managers who have the appetite for handling that risk.
Tell us about yourself. - answerSo, I graduate this spring with a B.S. in Decision
Science which I like to explain to people who are unfamiliar with the discipline as the
science of dealing with uncertainty. In decision science, we recognize that uncertainty
and unknowns are endogenous to any real-world decision problem, but we try to help
people create environments that are conducive to good decision making by making use
of more quantitative analytical methods as well as insights from behavioral science.
Now, I'm currently in the process of searching for job opportunities that will allow me to
apply those learned skills in some sort of real world context.
Why Freddie Mac? - answerCulture is very important to me. I'm looking for a
organization that not only prioritizes investment into technology and business
transformation but also into its people. From comprehensive development programs
and training, to accessible management, to a collaborative work environment, it seems
that Freddie Mac has all of those things and recognizes the important of building human
capital.
Why this position? - answerNow at Freddie Mac, risk management is a key part of all
lines of business. In Capital Markets, specifically, you
Why hire you? - answerWell, I think when you're evaluating applicants, you have so
many people who are well-qualified on paper. Pretty much everyone has a satisfactory
academic record and the capability to learn industry jargon, eventually. I think you can
be assured that I've researched Freddie Mac's mission, its culture, its lines of business,
and this is a place where, should I be given the opportunity, I can see myself having a
long career. I think when you put a lot of resources into developing team member, that
person becomes a valuable asset that you want to have stay for a long time. And, I just
want to reiterate that this position and the career progression associated with it, is
something I know I'm interested in.
Interview
What does Freddie Mac do? - answer From my understanding, Freddie Mac is
government sponsored enterprise that buys up home loans from lenders operating in
the primary mortgage market and sells them on the secondary mortgage market. The
primary lenders have finite resources, so by buying up their mortgage loans, Freddie
Mac ensures that credit is available to many more qualified borrowers. That covers
availability, but Freddie Mac also makes mortgage products affordable. 30 year
mortgages are great for homeowners because they get affordable monthly payments
and a long-term fixed interest rate, but they're risky for lenders. Freddie Mac shifts the
risk of issuing the 30 year fixed rate mortgage to private investors and portfolio
managers who have the appetite for handling that risk.
Tell us about yourself. - answerSo, I graduate this spring with a B.S. in Decision
Science which I like to explain to people who are unfamiliar with the discipline as the
science of dealing with uncertainty. In decision science, we recognize that uncertainty
and unknowns are endogenous to any real-world decision problem, but we try to help
people create environments that are conducive to good decision making by making use
of more quantitative analytical methods as well as insights from behavioral science.
Now, I'm currently in the process of searching for job opportunities that will allow me to
apply those learned skills in some sort of real world context.
Why Freddie Mac? - answerCulture is very important to me. I'm looking for a
organization that not only prioritizes investment into technology and business
transformation but also into its people. From comprehensive development programs
and training, to accessible management, to a collaborative work environment, it seems
that Freddie Mac has all of those things and recognizes the important of building human
capital.
Why this position? - answerNow at Freddie Mac, risk management is a key part of all
lines of business. In Capital Markets, specifically, you
Why hire you? - answerWell, I think when you're evaluating applicants, you have so
many people who are well-qualified on paper. Pretty much everyone has a satisfactory
academic record and the capability to learn industry jargon, eventually. I think you can
be assured that I've researched Freddie Mac's mission, its culture, its lines of business,
and this is a place where, should I be given the opportunity, I can see myself having a
long career. I think when you put a lot of resources into developing team member, that
person becomes a valuable asset that you want to have stay for a long time. And, I just
want to reiterate that this position and the career progression associated with it, is
something I know I'm interested in.
