Collateral Modeling and Analytics

The Associate, Collateral Modeling and Analytics will support loan valuation, analytics, and reporting activities, working closely with internal risk teams, members, and third‐party vendors.

Primary Responsibilities

· Manage the Bank’s quarterly valuation and risk analysis processes for residential and commercial collateral, including preparing loan files and identifying trends.

· Integrate the valuations from the Bank’s 3rd party pricing vendors into the valuation process for mortgage loans. Review loan vendor prices for reasonableness.

· Assist manager update existing pricing methodologies or develop new pricing approaches as needed to ensure market consistent valuation practices are used.

· Provide analytical support for collateral models, including valuations and margin methodologies. Assist manager with model validation responses and the remediation of model findings.

· Execute projects independently that can enhance and/or streamline department reporting capabilities

· Assist in preparing reports for Senior Management and the Board of Directors

· Support mortgage collateral programming to update data fields mapped to the Mortgage Collateral Management system.

· Monitor collateral updates and assist customers with mortgage data file errors, corrections, and data mapping requirements.

· Provide customer service support for the member portal and other system issues the member may encounter.

Qualifications

· Bachelor’s degree in finance, economics and statistics or a related field or equivalent education.

· Minimum of five years progressively responsible positions of mortgage portfolio analysis and risk management utilizing knowledge of MBS and whole loan pricing and valuation concepts, prepayment and default modeling, for a variety of residential and commercial loan product types.

· Detail-oriented and well-organized.

· Excellent interpersonal skills to work in a team environment and to influence and interface with a broad range of stakeholders at all levels, both internal and external.

· Proficiency in using a range of mortgage market–related software tools, including Polypaths, AFT, and various databases, is required.

· Uses data to aid decision making by possessing strong analytical and problem-solving skills while being able to tell the story behind the numbers and analysis.

· Ability to manage large datasets across multiple data stores and technology platforms.

· Proficiency with Microsoft Excel, Power BI, and SQL.

Must‐Have Qualifications

• Minimum of three (3) years of progressively responsible experience in mortgage portfolio analysis and risk management, utilizing knowledge of MBS and whole‐loan pricing and valuation concepts.
• Demonstrated ability to manage large datasets across multiple data stores and technology platforms.
• Strong proficiency with Microsoft Excel, Power BI, and SQ

Nice‐to‐Have Qualifications

· Proficiency with mortgage market‐related tools such as Polypaths, AFT, and related databases.

• Bachelor’s degree in finance, economics, statistics, or a related field (or equivalent education/experience).

Five (5) or more years of experience in mortgage portfolio analysis and risk management utilizing MBS and whole‐loan pricing and valuation concepts.

EEO:

“Mindlance is an Equal Opportunity Employer and does not discriminate in employment on the basis of – Minority/Gender/Disability/Religion/LGBTQI/Age/Veterans.”