Mortgage Servicing Rights Executive Director- Home Lending Risk

JPMorganChase

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profile Job Location:

Plano, TX - USA

profile Monthly Salary: Not Disclosed
Posted on: 2 days ago
Vacancies: 1 Vacancy

Job Summary

Description

As part of Risk Management and Compliance you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks and using your expert judgement to solve real-world challenges that impact our company customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box challenging the status quo and striving to be best-in-class.

As a Mortgage Servicing Rights (MSR) Executive Director in our Home Lending (HL) Risk team you will be responsible for developing and executing a risk management discipline where risk and return considerations are appropriately factored into decision will also oversee independent risk manage and approve new or existing extensions of credit and review counterparty risk arising from potential investment activities. Additionally you will also be responsible for analysis of credit opportunities supporting the structuring of transactions identifying risks conducting due diligence exerting credit approval authority and monitoring performance.

Job Responsibilities include:

  • Oversee bulk MSR acquisitions sales and other servicing portfolio related initiatives
  • Manage MSR acquisition pool selection through evaluation of loan level deal tape stratification credit box analysis and assessment of concentration risk
  • Track and react to performance monitoring for MSR purchases sales sub-servicing and flows both at an individual transaction and aggregate program level providing visibility into expected vs actual performance (prepayment delinquency etc.)
  • Partner with analytics and loss-forecasting teams to identify potential portfolio sale opportunities and to evaluate risk-return tradeoffs for potential portfolio sale transaction

Required qualifications capabilities and skills

  • Bachelors degree
  • 10 years of experience in Risk Management Capital Markets or related oversight functions in the financial services industry
  • Strong Microsoft PowerPoint and Excel skills
  • Strong clear and concise written and verbal communication with ability to edit and prepare executive level communications.
  • Excellent organizational and project management skills; able to manage competing priorities under tight deadlines
  • Proven ability to collaborate and build strong partnerships.
  • Intellectual curiosity with a proven ability to learn quickly
  • High degree of initiative self-direction and ability to work well under pressure
  • Demonstrated analytical and quantitative skills critical thinking investigative problem-solving and balanced decision making
  • Adept at interfacing with analytics credit policy and loss forecasting subject matter experts to drive risk assessments. The individual must be comfortable working in a matrixed environment
  • Knowledge of programming languages such as SQL Python SAS

Preferred qualifications capabilities and skills

  • Experience inmarket risk and valuation for fixed income products
  • Prior experience in mortgage underwriting MSR acquisitions or bank servicing portfolio management




Required Experience:

Director

DescriptionAs part of Risk Management and Compliance you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks and using your expert judgement to solve real-world challenges that impact our co...
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Key Skills

  • Category Management
  • Athletics
  • Customer
  • ABAP
  • Hydraulics
  • ITI

About Company

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JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans ov ... View more

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