Risk Management Graduate Intern - Quantitative Summer ; Hybrid - in Office

At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make home ownership and rental housing more accessible and affordable across the nation.

At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make home ownership and rental housing more accessible and affordable across the nation. Launch your career by doing more at Freddie Mac! Our internships and graduate programs give you the opportunity to address a variety of daring roles and make your mark on several projects.

From day one, you'll gain confidence, see your ideas take shape and build a network of people who are invested in your success. You will also take part in many exciting learning and development opportunities, including our Leadership Roundtable series hosted by SVPs from across our division. We’re not just the next step, we’re the right step.

ERM’s objective is to build strong, effective and efficient risk management in order to help lead risk and capital at one of the country’s largest financial institutions. ERM is responsible for independent oversight and assessment of our financial and non‑financial risks. We establish and communicate the enterprise risk framework – including corporate risk policies and standards – while promoting a strong risk culture.

• Evaluate and supervise the portfolio against established criteria and make recommendations for maintaining current level of risk or mitigating and reducing risks
• Develop, use and/or analyze quantitative models that assess the market, credit and/or operational risks of new and existing financial and mortgage products or portfolios
• Monitor and analyze the organization’s market risk exposure on a day‑to‑day and long‑term basis for various financial products, supervising trading limits and reviewing transactions over the established limits
• Develop, validate or evaluate model input, methodology, implementation and output of models or analytic applications
• Implement and document sophisticated financial models
• Provide model use risk assessments based on findings
• Provide modeling and analytical assistance to a line of business or product area, functioning as day‑to‑day technical specialist
• Evaluate and lead risks associated with the company’s models and/or model applications
• Perform model validation reviews, establishing performance thresholds, researching model approaches, or creating alternative models

• Building critical leadership, business and analytical skills
• Creating your personal brand and growing your internal network
• Obtaining support and guidance from dedicated program managers, experienced rotational analysts and knowledgeable mentors
• Participating in organized community service events to complement your professional development with personal growth

• Enrolled in a full‑time graduate degree program or foreign equivalent in Data Analytics, Applied Mathematics, Economics, Econometrics, Quantitative Finance, Statistics, Financial Engineering or related quantitative subject area.
• Three to five years of professional work experience
• Graduating in either December 2025 or May 2026

• Excellent oral and written communications skills
• Strong analytical skills
• Experience working with large data sets
• Experience with economic and/or financial modeling, including advanced econometric/statistics estimation techniques
• Programming experience in Python, R, or other similar software applications
• Proficient in MS Office Suite, specifically Excel and Power Point
• Experience with Micro Strategy and/or Tableau

• Execution focused, with confirmed initiative, personal accountability and leadership
• Strong consultation and influencing skills
• Ability to work with and collaborate within a team and across the broader organization
• Ability to work independently and adapt in a changing environment
• Curiosity to learn and challenge the status quo
• Interest or experience in financial markets, securitization, trading of financial products, or loan and security portfolio…