As a valued colleague on our team, you will validate models through 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.
THE IMPACT YOU WILL MAKE
The Model Validator 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:Produce model validation reports, and initial/ongoing assessments of models, evaluating performance-in-use and whether changes in the environment are creating increased model risk that needs to be mitigated.Apply advanced skill, knowledge, and/or experience to complete model validation projects aligned with established company policies and industry-wide modeling practices.Contribute to developing validation or testing strategies and assessing the quality and risk of model methodologies, outputs, and processes and applying understanding of relevant business context to interpret model results, monitor performance, and assess risks.Communicate technical subject matter clearly and concisely to department leadership and teams.