Risk Analytics

Role Objective

The Risk Analytics professional will be responsible for developing and implementing advanced analytical models, including application and behavioral scorecards, and loss models. This role involves managing mortgage guarantee portfolio analytics, creating insightful reports and dashboards for leadership, and supporting the implementation of Enterprise Risk Management (ERM) controls within the organization.

Key Responsibilities

• Develop decisioning models using statistical techniques and supervised learning algorithms, such as application scorecards.
• Construct models for mortgage guarantee loss assumptions, pricing, loss forecasting, and economic capital calculation.
• Oversee portfolio analysis, monitoring, and reporting, tracking early warning indicators and concentration limits across various portfolio segments, products, regions, and lenders.
• Contribute to the implementation of ERM controls throughout the organization.
• Assist the reporting function in generating monitoring reports to provide business insights.
• Conduct in-depth portfolio analysis, including stacked risk factors, vintage studies, and performance vs. pricing analysis, to identify areas of concern and recommend action plans.
• Develop capabilities for economic modeling and stress testing.
• Perform scenario, sensitivity, and what-if analyses as required.
• Identify and implement appropriate risk tools, key metrics, and triggers.
• Analyze and monitor housing markets and regional economies, tracking key macroeconomic risk drivers.
• Collaborate closely with Business Development and Operations leaders on segmentation and product expansion strategies to ensure adherence to risk appetite and standards.

Skills

• Extensive experience working with large, complex datasets, including cross-sectional and time-series data.
• Minimum of 3 years of comprehensive experience in data analysis, modeling, and reporting using R, Python, SAS, or other analytical software.
• Strong knowledge and practical experience in statistical modeling and scorecard development.