Data Scientist II - Hybrid
Data Scientist II - Hybrid
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
See yourself at Radian We see you here too.
At Radian we see you. For the person you are and the potential you hold. Thats why weve embraced a new way of working that lets our people across the country be themselves be their best and be their boldest. Because when each of us is truly seen each of us gives our best and at Radian well give you our best right back.
Studies have shown that job seekers may hesitate to apply for jobs unless they meet every single qualification listed. We strive to see the potential in each applicant so if youre excited about this role but your experience or education level doesnt align perfectly with every qualification in the job description we encourage you to apply anyway. You may be just the right candidate for this or other roles.
See Yourself as a Data Scientist II
The Data Scientist II primary function is estimating validating monitoring and implementing consumer credit models focused on mortgage default and prepayment. This requires the use of statistical and econometric methods within a structural modeling framework while leveraging cloud computing solutions. Models will be applied to estimate mortgage insurance cash flows including claim incidence claim severity required capital expected premium return on equity existing mortgage insurance policy attrition and new insurance policy acquisition. The position requires the Data Scientist II to research develop and make recommended changes to existing models and new models. Cash flow valuation of primary mortgage insurance policies structured mortgage insurance policies mortgagebacked derivatives reinsurance and other risktransfer transactions are also within the positions scope of analysis. Additional responsibilities may include supporting economic scenario simulation economic capital and portfolio optimization. Responsibilities include leveraging machine learning AI and econometrics in hybrid model design using Big Data and unstructured data to cultivate and leverage business insights. The position requires the ability to effectively communicate technical findings and recommendations to nontechnical managements teams.
Primary Duties and Responsibilities:
- Delinquency default prepayment claim severity model estimation and design.
- Programming in support of model estimation implementation monitoring and back testing
- Creation of analytical presentations and communication of strategic business findings to management
- Analysis and recommendations on alternative credit structures risk sharing arrangements and/or nontraditional manners in which to participate and take on credit risk as appropriate and necessary.
- Data manipulation of large files (R Python or SAS datasets) to identify trends and make recommendations and/or adjustments to credit/portfolio guidelines as necessary.
- Model development and methodology research
- Perform other duties as assigned or apparent.
Qualifications:
- Strong understanding of probability modeling.
- Strong analytical background along with the ability and willingness to effectively make recommendations on transactions based on sound business judgment.
- Knowledge in SAS R C or python for data analysis and modeling.
- Experience leveraging AWS based applications and resources (EC2 EMR S3 Lambda Jupyter Notebook Zeppelin Spark) is desirable.
- Expert mathematical statistical and econometric knowledge.
- Strong understanding of financial analysis of structured mortgage products.
- Experience leveraging cloud computing.
- Able to work in a team environment.
- Able to effectively summarize and communicate relevant findings and other information.
Education Certifications and Prior WorkRelated Experience:
- Degree Requirement: Bachelors degree or foreign equivalent and 3 years of experience
- Degree Preferred: Masters degree or foreign equivalent and 1 years of experience.
- Certifications: Quantitative Field
See Your Location
Radian is committed to a flexible work environment for many of our roles. This role is hybrid 3 days on site) and will provide you the flexibility to work at our New York City office and at your designated *Work From Anywhere* location each week.
*Work From Anywhere is subject to Radians Alternative Work Policy and business needs
See Why You Should Work With Us
Competitive Compensation:anticipated base salary from $96450 to $137700 based on skills and experience. This position is eligible to participate in an annual incentive program.
Rest and Relaxation.This role is eligible for 25 days of paid time off annually which is prorated in the year of hire based on hire date. In addition based on your hire date you will be eligible for 9 paid holidays 2 floating holiday in support of our DEI culture. Parental leave is also offered as an opportunity for all new parents to embrace this exciting change in their lives.
Our Company Makes an Impact. Weve been recognized by multiple organizations like Bloombergs GenderEquality IndexHousingWires Tech 100 and The Forum of Executive Womens Champion of Board Diversity. Radian has also pledged to PwCs CEO Action for Diversity & Inclusion commitment.
Comprehensive Health Benefits.Multiple medical plan choices including HSA and FSA options dental vision and basic life insurance.
Prepare for your Future.401(k) with a top of market company match did we mention the company match is immediately vested! and an opportunity to participate in Radians Employee Stock Purchase Plan (ESPP).
Homebuyer Perks. Our Homebuyer Perks program helps employees navigate the home searching buying selling and refinancing processes and provides valuable financial benefits to encourage enable and support home ownership.
Additional Benefits. To learn more about our benefits offerings visit our Benefits Page.
#LINA
The application period for the job is estimated to be 20 days from the job posting date. However this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.
Radian will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law including any applicable fair chance law.
See More About Radian
Radian is a fintech servicing the mortgage and real estate services industry. As a team we pride ourselves on seeing the potential of every person every idea and every day.
Seeing each other at Radian goes far beyond our open flexible culture. It means seeing our peoples potential and creating inspiring career paths that help them get there. Or seeing new pathways and innovating for the future of our industry. It means seeing each other for all that we are. And it means seeing our purpose as one that extends beyond the bottom line having an impact on communities across the country to help more people achieve the American Dream of homeownership.
We hope youll see yourself at Radian. See more about us at Radian.
Defining Roles for Radians Future
Understanding the qualities and characteristics that define a Leader and an Employee is important to building our futurefit workforce. Radians future is only as bright as its people. For that reason our People Plan includes profiles to support the qualities and characteristics that each Leader as well as each Employee should embody upon hire or via development.
EEO Statement
Radian complies with all applicable federal state and local laws prohibiting discrimination in employment. All qualified applicants will receive consideration for employment without regard to gender age race color religious creed marital status gender identity sexual orientation national origin ethnicity ancestry citizenship genetic information disability protected veteran status or any other characteristic protected by applicable federal state or local law.
Equal Opportunity Employer Details
To learn more about Radians Code of Conduct and Ethics and workplace conduct please click here. Radian participates in EVerify Link (en espaol Link. Learn more about your rights under immigration laws Link (en espaol Link. View the Know Your Rights: Workplace Discrimination is Illegal poster Link. View Employee Rights under FMLA Link. View Employee Rights under EPPA Link. View Pay Transparency Nondiscrimination Provision Link.
Accommodation
Whether you require an accommodation for the job application or interview process Radian is dedicated to a barrierfree employment process and encourages a diverse workforce. If you have questions about the accommodation process please email .
Please note that you may redact or remove agerelated information that identifies your age date of birth or dates of attendance at or graduation from an educational institution on any additional application materials you submit as part of the application. Additional application materials include but are not limited to resumes CVs transcripts or certifications.
Employment Type
Full-Time
