Carrington Mortgage Holdings, LLC

  • SVP, Quantitative Analytics

    Job Locations US-CT-Old Greenwich
    Job ID
    2018-7000
    Position Category
    Other
    Company
    Carrington Capital Management, LLC
    Position Type
    Regular
  • Overview

    FOUNDED IN 2003, Carrington has evolved from a mortgage credit asset manager into a vertically-integrated financial services company that covers virtually every aspect of the single family residential real estate transaction, including investment in U.S. real estate and mortgage markets, loan origination and servicing, asset management and property preservation, real estate sales and rental, and title and escrow services. Carrington has built the infrastructure necessary to maximize value during any market cycle. We are currently hiring a VP, Analytics/Predictive Modeling at our Greenwich, CT location.

     

    Responsibilities

    JOB SUMMARY:

     

    Responsible for providing best-in-class modeling and analytics; along with execution responsibilities. Takes the lead in conversions of analytics and predictive modeling and establishes the foundation and process for future modeling projects. Perform all duties in accordance with the Company’s policies and procedures, all US state and federal laws and regulations, wherein the company operates.

     

    ESSENTIAL DUTIES AND RESPONSIBILITIES:

     

    • Build and manage the primary predictive models for agency and non-agency mortgages that may consist of traditional statistical models and machine learning algorithms
    • Create automated improvements to the existing data and modeling platform
    • Create various performance monitoring tools and reports to track non-agency mortgage performance
    • Conduct complex analyses to support lending, warehouse and advisory businesses
    • Build and maintain servicer advance and EBO models (valuation and performance tracking)
    • Work with the appropriate departments and the trading desk to value agency and non-agency MSR, whole loan, REO and EBO pools in multiple large size transactions
    • Conduct complex analyses to develop rule-based and behavioral detection scenarios to maximize referral success

    Qualifications

    ESSENTIAL KNOWLEDGE, SKILLS, ABILITIES, AND COMPETENCIES:

     

    • Detail-oriented, self-motivated and hardworking team player with effective communication skills
    • Advanced computer skills including MS Office applications (Word, Excel, Outlook, etc.) and other related industry applications SAS, SQL, R, MS Office Programs, VBA for excel, Intex Calc, Intex
    • Ability and desire to work in a team oriented environment
    • Excellent decision making skills as well as strong interpersonal, communication, and client service skills
    • Ability to compute, analyze, and interpret complex statistical data and/or to develop forecasts and computer models
    • Ability to compose letters, outlines, memoranda, and basic reports and/or to orally communicate technical information


     

     

    EDUCATION, EXPERIENCE AND/OR LICENSES:

     

    • Bachelor’s degree in business, computer engineering or related field; Master’s or PhD degree a plus.
    • Five (5) plus years of modeling experience with analytical, statistical, logical reasoning and problem-solving skills
    • Five (5) plus years of experience in portfolio management activities with primary focus on credit component of various non-agency whole loan pools and new origination non-agency residential mortgages
    • Must have a track record of effective problem solving and decision-making skills.

     

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