**************************************************************
JobCircle.com is a regional job board serving all industries
and occupations in the PA, NJ, DE, NY, MD, and DC areas.
We offer a regional job board, online learning, and regional
job fair events for jobseekers who live in our areas of focus.
To Learn More:
Job Board: http://www.JobCircle.com?source=ng
eLearning: http://www.JobCircle.com/courseware?source=ng
Job Fairs: http://JobCircleJobFairs.com?source=ng
**************************************************************
Job Title: Forecasting Analyst
Job Location: MN: Bloomington
Pay Rate: Market
Job Length: full time
Start Date: 2008-03-31
Company Name: Numeric, LLC
Contact: Jim Sunderhauf
Phone: email only
Fax: email only
Description: Job Title:1 Forecast Analyst
Purpose and function of job:
The Forecast Analyst is responsible for developing comprehensive credit
risk management re****ts and analytical tools that encompass credit
forecast related activities, including the generation of scheduled and ad
hoc re****ts, analysis of any variances to expected loss forecasts,
validation and impact analysis for new credit loss models, and monthly
reforecasts. The ideal candidate for this position will possess seasoned
and proven judgment in the field of credit risk management and analysis,
and the ability to ensure a high degree of integrity and accuracy.
Principle Accountabilities:
Principle duties and responsibilities of this job classification and
percent of
time typically spent performing each:
1. Monthly Re****ting 40%: Develop and maintain monthly re****ting programs
that
produce high-level data sets for regular re****ting tools and analysis.
This individual will create standard re****ts for internal business
partners that easily allow additional drilldown analysis as needed to
identify for any variances from expectation. Additionally, standard
re****ting will need to evolve with operational or product changes.
2. Forecasting Analytics 20%: Loss forecasting on all applicable products,
including original forecasts for new deals, monthly reforecast for all
active deals, and identifying the drivers of any variances in the
reforecast from expected loss estimates. This individual will ensure
forecasts are completed on time every month, and will help enhance the
process to meet operational changes or user needs.
3. Model Integration and Impact Analysis 10%: The Model Development team
within
RVA regularly calibrates or replaces models for the loss forecasting
methodology. The Forecast Analysts is responsible for quantifying the
economic and accounting impacts associated with all model implementations,
ensuring that new models are accurately promoted through the testing stages
to production, and monitoring the modeled assumptions align with RVA and
operational expectations.
4. Do***entation and Communication 15%: This individual is responsible for
completing write-ups pertaining to impact analysis obtaining sign-off
approval from impacted departments, as well as maintaining regular
communication with internal partners such as Servicing, Finance, Trading
and ****tfolio Management to ensure accurate usage of models and gaining
insight on operational changes that affect forecasting. Also working with
these partners to provide information to meet their needs as it pertains
to credit risk. In addition, this individual will do***ent all procedures
and establish controls for all
forecasting and credit risk activities.
5. Ad Hoc Activities 15%: This individual will act as a resource to other
analysts and assist with re****ting and analysis as op****tunities arise
within RVA, attend meetings, or work with other departments. Identifying
and creating new techniques that simplify the current methodology
processes or improve analysis and forecasting.
Education and experience requirements:
• Education: College degree in Finance, Accounting, Economics, Math or a
numbers related degree preferred or equivalent work experience.
• Work Experience: Minimum of 5 years experience, preferably in the
financial services industry, ideally in residential mortgage.
• Technical Competencies:
• High proficiency with Microsoft Access or other SQL query Language,
preferably SAS experience.
• Ability to query data from centralized data warehouse.
• High proficiency with Microsoft Word and Microsoft Excel (Visual Basic
and pivot tables a plus).
• Minimum Qualifications:
• Highly organized and great ability to handle multiple tasks.
• Strong proficiency with numbers.
• Strong technical aptitude.
• Capable of facilitating meetings and pu****ng projects through from start
to finish.
• Desired Qualifications:
• Experience within the mortgage industry.
• Loss forecasting analysis experience.
• Advanced Excel spreadsheet skills.
• Web-based SAS experience.
• Personal Competencies:
• Strong organization and prioritization skills.
• Models high levels of performance, self-motivation, and personal
integrity as
stated in the ResCap cor****ate values.
• Demonstrated ability to work independently with minimal supervision.
• Demonstrated ability to handle multiple projects and assignments.
• Good verbal and written communication skills.
• Ability to identify issues/problems, and propose effective solutions.
• Demonstrated team player.
• Certifications or special training needed:
• Total years and type of prior related experience:
• Special skills/abilities/competencies required:
Position-specific requirements: 2 Requirements specific to this position
Physical Requirements:
Must be able to perform essential responsibilities with or without
reasonable accommodation.
Please refer to Job code 6240 when responding to this ad.
For FASTEST PROCESSING of your resume, please visit
http://www.jobcircle.com/classifieds/1008598.html?source=ng
to apply
online.
**************************************************************
For fastest processing of your resume, this employer asks that
you apply to this job using the URL above.
**************************************************************
|
