As a valued colleague on our team, you will act as team lead while conducting theoretical and empirical research with public and proprietary data in all areas of the mortgage finance business. This may include mortgage products and securities, borrower behavior, investment and hedging strategies, residential property valuation, macroeconomic models, including housing prices and interest rate, financial valuation of finance assets and derivatives, economic capital, and stress testing. Additionally, you will coach and mentor team members.
THE IMPACT YOU WILL MAKE
The Enterprise Model Risk - Quantitative Modeling - Lead Associate role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:Model validation and automation of model risk management activities, leveraging strong AI, ML, Data Science, and engineering skills using R, Python, Java or other coding languages.Implement validation or testing strategies and assess the quality and risk of model methodologies, outputs, and processes. Apply understanding of relevant business context to interpret model results, monitor performance, and assess risks.Apply advanced experience and skills to complete risk management projects aligned with established company policies and industry-wide modeling practices.Utilize advanced data mining and/or statistical techniques to develop analytic insights, sound hypotheses, and informed recommendations. Identify opportunities to apply quantitative methods to improve business performance.Communicate complex technical subject matter clearly and concisely, both verbally and through written communication, such as validation review reports.Contributing to project management and coordination among stakeholders.