Job Description
About Client:
A Leading US Mortgage organization
Primary responsibilities:
- Independently assess and document the appropriateness of the internal MSR valuation by validating model inputs & assumptions, understanding quantitative modeling techniques, and analyzing the resulting valuations, cash flows
- Independently identify, review, validate and document all assumption changes
- Independently validate valuation sensitivity analysis under different shock scenarios
- Obtain, review, analyze, and present results of industry surveys and external market valuations
- Develop and provide required reporting per MSR valuation risk management policies and guidelines
- Develop and maintain efficient and transparent processes
Qualification Requirements:
- Bachelor s Degree Required (Master s in finance or economics Preferred)
- Experience- 10+ years
- Minimum 1 2 years experiences of using Ad&Co, MIAC and Data Raptor
- CFA/FRM certification preferred
- 3+ years experiences in residential mortgage banking industry with advanced knowledge of mortgage MSR valuation, cash flow modeling, and scenario test experiences
- Have a background in quantitative finance, and in-depth knowledge of modeling techniques and risk metrics associated with fixed income and options-based valuation and hedging techniques
- Strong computer/modeling skills with proficiency in Excel, VBA, and SQL
- SAS programing knowledge is a plus
- Strong verbal and written communication skills
Apply for this Position
Ready to join ? Click the button below to submit your application.
Submit Application