Oct 30, 2017

Manager, Interest Rate Risk - Mortgage

  • SuperJobsPlus
Full time Banking

Job Description

Houston , TX, United States 

The Manager Interest Rate Risk Management – Mortgage Servicing Rights (MSR) will help transform the interest rate risk management capabilities to support the transition into a top banking institution. 
Generating MSR portfolio fair value and interest rate risk scenario sensitivity measurement information and analyzing and presenting the components of MSR fair value change to senior management
• Maintaining the integrity and efficiency of the MSR interest rate risk modeling process including model hierarchy input data infrastructure and assumptions including prepayments servicing costs and ancillary income
• Facilitating development of an improved MSR interest rate risk modeling infrastructure by identifying implementing and testing asset/liability management analytical methods and tools
• Performing and maintaining an effective MSR portfolio valuation model back testing and validation process including model validation and calibration to third party valuation sources
• Maintaining an in-depth knowledge of fixed income instruments and mortgage-related products mortgage prepayment modeling interest rate derivatives (swaps etc.) and interest rate risk measurement concepts. 


REQUIREMENTS:

• Three years experience using asset/liability management or earnings forecasting models preferred 
• Three years experience using asset/liability management and/or earnings forecasting models for financial institutions with large complex balance sheets
• Ability to understand and use prepayment and interest rate models and Earnings-at-Risk/Value-at-Risk methodologies
• Ability to condense technical subject matter into clear and effective communications to senior management
• Graduate degree in business with a finance mathematics or economics concentration and/or professional certification (CFA)
• Experience using the QRM Balance Sheet Management Mortgage Banking or Mortgage Servicing systems

• EDUCATION: Bachelor’s Degree

• JOB DURATION: This job is full time

• COMPENSATION: 120000-140000/yr , 7 ,

Occupations

Banking

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