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