Obtain a thorough understanding of Problem Loan Expense (PLE) through knowledge of the processes and drivers of the expense. Develop and maintain long and short range PLE forecasts. Complete scenario based modeling to assist management in business decisions. Gather, analyze, and report data for key drivers to identify and recommend areas of improvement.
PRINCIPLE DUTIES AND RESPONSIBILITIES
Review existing processes to understand drivers and timing of PLE.
Maintain existing PLE model with current business assumptions.
Identify impacts to PLE due to economic, regulatory, and process changes.
Create cost-benefit analysis to demonstrate the value of proposed process changes, business decisions, and regulatory changes.
Perform analysis of loss drivers and assumptions to identify trends.
Provide management with a written report of relevant drivers of loss performance, as well as any anomalies that may influence future performance.
Communicate results regularly with management related to loss estimation and loan disposition options to ensure validity of assumptions and strategies.
Produce and provide regular reports and analysis of key drivers and performance indicators to Executive Management related to all mortgage banking operational business units.
Perform miscellaneous job-related duties as assigned.
Creativity, self-motivation, organization, attention to detail, inquisitiveness and outstanding problem-solving abilities
Ability to communicate clearly with all levels of management
Strong analytical and project management skills required
Aptitude to manage multiple projects simultaneously and a capacity to work in a deadline-driven environment
Ability to exercise discretion and judgment and make independent decisions
Working knowledge of Microsoft Office programs
Bachelor’s Degree in math with minimum GPA of 3.5 (Mathematics, Statistics, Actuarial Sciences, Finance, and Accounting)
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.