Director, Modeling and Forecasting
PA

Position Description:

RESPONSIBILITIES
• Managing multiple teams with responsibilities that may include pricing, forecasting and modeling
• Developing all mortgage insurance models (core, nonprime, below 80, delinquency, forecasting)
• Thriving and collaborating in a matrix organization and making decisions by consensus
• Balancing perspectives and inputs from all business functions
• Demonstrating consistent control and oversight over risk models to preserve consistency
• Updating and/or developing company models to more accurately reflect market models
• Implementing processes and models to improve near-term forecasting through the use of analytic and heuristic models
• Coordinating the transfer of data and knowledge across all three segments within the Risk department
• Use a reliable approach to reporting where analytics and conclusions are consistent across and within the Risk function
• Seeking to remove report duplication by bringing all financial forecasting and financial reporting together in a consistent manner within the first 12 weeks in the role
• Building a risk framework that is able to adapt quickly to changing market conditions
• Improving longer-term dynamic behavioral forecast to feed loss and laps forecasts, drive better decision making, inform pricing and use to develop sensitivities, model drivers and risk-based scenarios through analytics
• Implementing risk-based pricing models
• Building financial forecasting tools such as reserve calculators to reduce turn time on work and to allow for alternative planning on capital or volume
• Improving attribution analysis through improved and more timely historical reporting
• Creating a forecasting engine to account for as many possible trend definitions and automatically generate multi-period forecasts

BASIC QUALIFICATIONS
• Bachelor’s degree in Mathematics, Statistics, Quantitative Finance, Economics or related field
• 7-10 years of relevant mortgage industry experience
• Fundamental awareness and knowledge of valuation, analysis, modeling, reporting and forecasting
• Strong analytical thinker with hands on modeling/quantitative analytics and implementation abilities
• Strategic mindset with extensive project and process management experience on complex, cross-functional projects and initiatives
• Experience in implementing policies, procedures and controls for ongoing benchmarking of financial trends to competitor performance, similar financial assets, market conditions and accounting/regulatory environments
• Demonstrated leadership skills
• Strong communication and influencing skills

PREFERRED QUALIFICATIONS
• Master’s degree in Mathematics, Statistics, Quantitative Finance, Economics or related field
• Experience in the above named capacities specific to mortgage insurance risk management

Qualified candidates please forward cover letter and professional resume outlining compensation, geographical preferences, and availability in complete confidence  to

Pailin Group Professional Search Consultants

Dallas Corporate Offices  

Our standards are as high as yours are, since 1989.