VP, Credit Portfolio Officer – Mortgage Risk Management

Role Overview

• Support the development, implementation, and management of default risk, credit losses, collection/loss-mitigation and OREO strategies and policies for consumer mortgage lending portfolios.
• Assist in developing credit portfolio management strategies across default life cycle (collections, loss-mitigation, HELOC Line Management).
• Support Portfolio Risk Manager to optimize risk-return dynamics by overseeing credit/default risk and/or collection strategies and developing recommendations for policy optimization throughout the default lifecycle.
• Develop framework for portfolio risk assessment including evaluation of credit, financial and collections performance across varied segments of mortgage residential portfolios.
• Utilize Statistical Analysis System (SAS) in a UNIX environment to perform risk, financial and data analyses including profiling, sampling, forecasting and new program due diligence.
• Prepare risk management presentations for senior management that include analytics on expected portfolio performance and areas of potential risk and/or opportunity.
• Stay abreast of emerging industry trends in data analytics and perform proactive analytics to assess and support portfolio and origination strategies.
• Proactively identify emerging risks within the portfolio and gaps that might compromise Credit Policy strategies and increase losses.
• Liaise with key stakeholders to advance and support initiatives.
• Lead analytics workstreams partnering with stakeholder teams effectively to impart knowledge and rationale for tasks and ensure ownership for assigned responsibilities, lead to successful completion of goals, as an incubator for innovation.

Requirements

• 6-10 years of experience in credit risk management in the financial services industry performing quantitative analysis, risk analytics, implementation of analytically driven risk management approaches, models or tools
• Experience within Mortgage Servicing or one or more areas in credit portfolio management (collections, loss-mitigation, foreclosure/REO, net credit loss, FFIEC/accounting impairment)
• Bachelor’s degree in economics, Finance, Statistics, Applied Mathematics or related fields. Master’s degree preferred.
• Active role in performing some analytical components of model or quantitative method/tool development (data collection, segmentation analysis, sensitivity testing, business rules/ model documentation, & production implementation)
• Statistical/econometric programming skills strongly preferred (SAS, Tableau, PYTHON, etc.)
• Prior experience working in a regulatory and compliance policy environment

Tech Stack

• Python
• Tableau
• Unix

Benefits

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays