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.

We are accepting applications for this position until 10/16/2026

Position Overview:

At Freddie Mac, you will have meaningful work to help build a better housing finance system and support homeownership and rental housing opportunities across the nation. Our internship and graduate programs provide opportunities to tackle complex challenges, contribute to strategic initiatives, and build valuable relationships with industry professionals.

As a Quantitative Risk Management Intern within Enterprise Risk Management (ERM), you will apply advanced analytical, technical, and quantitative skills to support risk management activities at one of the nation's largest financial institutions. You will gain hands-on experience working on real-world projects, collaborating across teams, and leveraging emerging technologies - including artificial intelligence and automation-to enhance risk management practices and business outcomes.

Our Impact:

Enterprise Risk Management (ERM) helps build and maintain a strong, effective, and efficient risk management framework across Freddie Mac. We provide independent oversight and assessment of financial and non-financial risks while promoting a culture of accountability, innovation, and sound risk management.

Our quantitative teams leverage advanced analytics, data science, modeling, automation, and emerging technologies to support enterprise-wide decision-making and risk oversight. As AI and automation continue to transform the financial services industry, our teams play a critical role in helping Freddie Mac navigate evolving risks while identifying opportunities for efficiency and

Your Impact:

Project Support

As an intern, you will support projects that contribute to Enterprise Risk priorities, which may include:

• Execute quantitative and analytical projects while ensuring timely delivery, adherence to objectives, and effective management of project scope.
• Develop, evaluate, and utilize quantitative models and analytical tools to support assessment of market, credit, operational, and emerging risks.
• Collaborate with risk, business, and technology teams to solve complex problems and drive data-driven decision-making.
• Support model development, validation, monitoring, and evaluation activities across various risk disciplines.
• Apply programming, data analysis, and automation techniques to improve efficiency and enhance quantitative processes.
• Analyze large and complex datasets to identify trends, assess risk exposure, and support strategic initiatives.
• Partner with stakeholders across the organization and serve as a point of contact for project-related activities and information gathering.
• Contribute to initiatives involving AI, automation, cloud technologies, and advanced analytics.
• Support process improvement efforts, documentation, reporting, and governance activities.

Professional Development

Participation in the program will support your continued growth through targeted training, mentorship, and exposure to senior leadership. You will:

• Gain exposure to Freddie Mac's standards, processes, risk frameworks, and governance structures.
• Strengthen your quantitative, analytical, technical, and leadership capabilities.
• Build relationships across ERM and the broader Freddie Mac organization
• Learn how quantitative risk management supports enterprise decision-making and business strategy.
• Develop a deeper understanding of AI applications, automation, and risk analytics within the financial services industry.

Qualifications:

• Enrolled in a full-time graduate degree program in Data Analytics, Computer Science, Applied Mathematics, Statistics, Financial Engineering, Econometrics, Quantitative Finance, Artificial Intelligence, Machine Learning, Economics, or a related quantitative field.
• One to three years of professional work experience.
• Expected graduation date of December 2027 or May 2028.

Preferred Skills

• Strong programming experience in Python, Java, C++, SQL, or similar languages.
• Experience working with large datasets and performing complex quantitative analysis.
• Familiarity with cloud computing platforms and modern data technologies.
• Knowledge of AI, machine learning, automation, data validation, or advanced analytics techniques
• Experience with financial modeling, risk modeling, econometrics, statistics, or related quantitative disciplines.
• Proficiency with Microsoft Office applications, including Excel and PowerPoint.
• Experience with Tableau, MicroStrategy, Power BI, or other data visualization tools is a plus.
• Exposure to banking, financial services, risk management, or consulting environments is beneficial.

Keys to Success in this Role:

• Strong critical-thinking and analytical problem-solving abilities
• Curiosity and willingness to ask thoughtful questions to deepen business understanding.
• Excellent written, verbal, and interpersonal communication skills.
• Ability to collaborate effectively across teams and build strong professional relationships.
• Execution focus, personal accountability, and strong organizational skills.
• Ability to manage multiple priorities, deliver results, and maintain project focus under changing conditions.
• Adaptability and comfort working through ambiguity while developing innovative solutions.
• Interest in leveraging AI and automation to improve efficiency and business outcomes while understanding the limitations of emerging technologies.
• A proactive mindset and passion for continuous learning and improvement.

Graduate Interns are paid at a set, non-negotiable hourly rate. The hourly rate for this role is $40/hr.

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.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Non-Exempt

Freddie 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 $64,480 - $83,200 . All interns positions are paid at an hourly rate, which can be found in the body of the job description.

If you're looking for meaning in your work, Freddie Mac is where you'll find it. With pathways to enrich your career and benefits that support your total well-being, Freddie Mac is home to more. Put your passion, talents and ambition toward making a difference. Join us in Making Home Possible.