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 homeownership and rental housing more accessible and affordable across the nation.

We will accept applications for this position until 10/4.

Position Overview:

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 homeownership 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!

Our Impact:

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.

Our internship offers you an opportunity to make substantial contributions to the company’s risk management objectives and provides exposure to a wide spectrum of risk fields that will allow you to build on the knowledge and analytical skills you have acquired through your sophisticated studies. You will work with some of the brightest minds in the financial services industry and develop your knowledge of risk management, all while building valuable skills and making lifelong connections.

Upon successful completion of the three-month internship and your advanced degree, you may be extended an opportunity to join our Enterprise Graduate Risk Rotation program – a two-year analyst rotation program that allows you to work in different risk management areas such as Credit, Market and Model risk. Our analyst program is designed to help you build a broad skill set, develop a comprehensive foundation in risk management, and accelerate your career growth by gaining exposure to Freddie Mac’s enterprise-level risk management function.

Your Impact:

Project Support

As an intern, you will support short-term projects that chip in to division priorities, which may include one or more of the following activities:

Evaluate and supervise the portfolio against established criteria and make recommendations for maintaining current level of risk or mitigating and reducing risksDevelop, use and/or analyze quantitative models that assess the market, credit and/or operational risks of new and existing financial and mortgage products or portfoliosMonitor 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 limitsDevelop, validate or evaluate model input, methodology, implementation and output of models or analytic applicationsImplement and document sophisticated financial modelsProvide model use risk assessments based on findingsProvide modeling and analytical assistance to a line of business or product area, functioning as day-to-day technical specialistEvaluate and lead risks associated with the company's models and/or model applicationsPerform model validation reviews, establishing performance thresholds, researching model approaches, or creating alternative modelsProfessional Development

Participation in the program will support your continued professional development through access to targeted training courses and exposure to senior management. You will gain knowledge of risk management concepts in the financial industry and an understanding of critical organizational business and risk management functions, all while enhancing your own competencies, by:

Building critical leadership, business and analytical skillsCreating your personal brand and growing your internal networkObtaining support and guidance from dedicated program managers, experienced rotational analysts and knowledgeable mentorsParticipating in organized community service events to complement your professional development with personal growth

Qualifications:Enrolled in 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 experienceGraduating in either December 2025 or May 2026Preferred SkillsExcellent oral and written communications skillsStrong analytical skillsExperience working with large data setsExperience with economic and/or financial modeling, including advanced econometric/statistics estimation techniquesProgramming experience in Python, R, or other similar software applicationsProficient in MS Office Suite, specifically Excel and PowerPointExperience with MicroStrategy and/or TableauKeys to Success in this Role:Execution focused, with confirmed initiative, personal accountability and leadershipStrong consultation and influencing skillsAbility to work with and collaborate within a team and across the broader organizationAbility to work independently and adapt in a changing environmentCuriosity to learn and challenge the status quoInterest or experience in financial markets, securitization, trading of financial products, or loan and security portfolio management

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

Current Freddie Mac employees please apply through the internal career site.

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities 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.

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.