Ocwen - Manager - Quantitative Modeling

POSITION SUMMARY:

- The Quantitative Modeling/Decision Science team is a part of the Financial Planning and Analysis business unit and is responsible for delivering quant modeling, forecasting, and statistical analysis solutions throughout Ocwen.

- The team is seeking to fill a position of Director, Quant Modeling.

- This is an individual contributor role with a high degree of ownership and significant responsibilities for complex model development and automation projects.

- The candidate is expected to leverage his/her advanced statistical and data science subject matter expertise to deliver cutting-edge modeling solutions for various business units throughout the organization including mortgage servicing, lending, capital markets, finance, risk management and compliance.

- The candidate should be able to effectively use written and oral communication skills to present results of complex statistical/data science projects to a non-technical audience.

JOB FUNCTIONS AND RESPONSIBILITIES:

- Lead end-to-end model development, maintenance and enhancements projects for various business units.

- Propose and deliver innovative modeling methods and techniques to improve existing business processes and support emerging business opportunities.

- Interact with various stakeholders including senior management of respective business units to ensure model's appropriateness for the business use.

- Cleary and effectively communicate results of modeling projects to senior management.

- Produce, maintain and update comprehensive documentation and monitoring reports for each model.

- Collect and process economic and financial statistical data from external data and economic research sources and incorporate the external data into Ocwen's internal forecasting processes.

- Stay up to date on recent advancement in statistical modeling and data processing/mining methods and techniques, including relevant programming languages.

- Support internal and external audit requests including delivery of written and oral presentations.

- Promote the use of data-driven analytic/modeling methods throughout the organization.

- Share subject matter expertise and mentor junior team members.

EDUCATION / EXPERIENCE:

- 5 - 10+ years of post-Ph.D. experience in statistical modeling/decision science in the financial services industry, mortgage industry experience is preferred.

- Ph.D. or Master of Science in a quantitative discipline (Data or Computer Science, Economics, Statistics, Engineering, etc.) from a top-tier academic institution.

- Demonstrated ability to independently structure, manage, coordinate and deliver complex cross-enterprise modeling and analytic projects and processes with multiple stakeholders.

- Expert knowledge of statistical tools and data mining techniques.

- Global or multi-national business experience strongly preferred

- Ability to adapt to a dynamic, rapidly changing business environment

- Excellent programming skills including R, Python, MatLab, SQL, advanced knowledge of Excel and PowerPoint.

- Strong written and oral communication skills.