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+ yearsMinimum 1 2 years experiences of using Ad&Co, MIAC and Data RaptorCFA / FRM certification preferred3+ years experiences in residential mortgage banking industry with advanced knowledge of mortgage MSR valuation, cash flow modeling, and scenario test experiencesHave 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 techniquesStrong computer / modeling skills with proficiency in Excel, VBA, and SQLSAS programing knowledge is a plusStrong verbal and written communication skills