- MSR Valuation

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 years
• Minimum 1 2 years experiences of using Ad&Co MIAC and Data Raptor
• CFA/FRM certification preferred
• 3 years experiences in residential mortgage banking industry with advanced knowledge of mortgage MSR valuation cash flow modeling and scenario test experiences
• Have 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 techniques
• Strong computer/modeling skills with proficiency in Excel VBA and SQL
• SAS programing knowledge is a plus
• Strong verbal and written communication skills