Manager, Risk Analytics/Modeling
On-siteWestlake, Texas, United States or Southlake, Texas, United States
Job Summary
Execute, monitor, and enhance AD&Co models and related analytics for agency and non-agency mortgage products, prepayment behavior, credit performance, and asset-backed securities. Apply analytical thinking to assess model performance, conduct backtesting and benchmarking, and strengthen documentation and issue remediation. Collaborate across Treasury, Finance, Investments, Risk, and Model Risk Oversight to communicate results, key drivers, and emerging risks while supporting business-as-usual forecasting and capital planning. Work on-site in the specified location(s) with full bonus and incentive eligibility.
Required Qualifications
- Bachelor's degree in Applied Mathematics, Engineering, Finance, Economics, Statistics, Computer Science, or a related quantitative discipline
- 3+ years of relevant professional experience, or an equivalent combination of professional experience and graduate study, in banking, balance sheet management, asset liability management, market risk, or capital stress testing
- Experience using in-house or third-party prepayment models, including AD&Co or a comparable platform, to support balance sheet management, financial forecasting, or stress testing
- Knowledge of fixed-income modeling concepts, including duration, optionality, option-adjusted spreads, accumulated other comprehensive income, sensitivity analysis, and scenario-based risk analysis
- Knowledge of mortgage prepayment behavior, including refinance incentives, burnout, turnover, seasonality, and borrower credit characteristics
- Experience supporting model development and evaluation through feature selection, backtesting, performance monitoring, benchmarking, and model tuning
- Experience using Python, SQL, Microsoft Excel, or comparable analytical tools for data analysis, model monitoring, workflow automation, and controlled evidence retention
- Ability to apply analytical thinking, problem solving, and attention to detail when evaluating model results, identifying risks, and escalating issues in a controlled environment
Desired Qualifications
- Advanced degree in a quantitative or technical discipline
- CFA, FRM, PRM, or a comparable professional designation
- Experience with capital stress testing, including Comprehensive Capital Analysis and Review or company-run stress testing processes
- Experience developing or supporting models for asset-backed securities, mortgage products, structured finance, spreads, option-adjusted spreads, fair value, income, or accumulated other comprehensive income
- Experience establishing and executing model controls, including input reviews, output reasonableness checks, sensitivity analysis, documentation, and evidence retention
- Experience supporting model validation, regulatory or internal audits, issue remediation, and audit readiness
- Ability to interpret complex analytical results, identify meaningful drivers of change, and communicate conclusions clearly to technical and nontechnical stakeholders
- Demonstrated adaptability when managing multiple priorities, responding to changing assumptions, and solving problems with incomplete or evolving information
- Ability to build collaborative relationships across Treasury, Finance, Investments, Risk, Capital Planning, and Model Risk Oversight
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.