Ocwen - Senior Manager - Credit & Market Risk Analytics - IIM

Job Description - Senior Manager, Credit and Market Risk Analytics

Ocwen Financial Corporation (Ocwen) is the largest independent mortgage loan servicer in the United States and the fourth largest overall mortgage servicer. Ocwen is publicly traded (NYSE:OCN) and is widely recognized in government, industry, community and media circles as a leader in foreclosure prevention, mainly through loan modifications. Over the past few years, Ocwen has enjoyed significant growth in its loan servicing portfolio and market capitalization, largely as a result of successfully integrating servicing platforms acquired from large financial institutions.

As a leader in loan modifications, we strive to help struggling families meet their financial responsibilities, get back on track, and stay in their homes as well as help them address the concerns and complex questions they have about their home and mortgage. Helping homeowners is what we do!

Make a difference by working in this dynamic, growing field for one of the most innovative and fastest-growing companies in the mortgage servicing industry. As an Ocwen employee, you will work alongside highly motivated, well-educated peers who share your passion for providing the best possible service to our customers. The position offers advancement opportunities and a competitive salary

Responsibilities :

- The Senior Manager of Credit and Market Risk Analytics is expected to manage a team of 10+ professionals with analytically advanced backgrounds. The right candidate will have the ability to set, manage, and deliver on an innovative projects agenda through a team of senior analysts and managers.

- The candidate should be able to independently drive projects from the conceptual stage to implementation, as evidenced by prior experience. Good communication skills and ability to clearly articulate technical subject matter to an executive audience is required. Strong collaboration with U.S.-based business units will be required.

- The position reports to the Vice President of Credit and Market Risk Management. This position will play an important role in building the credit risk and market risk analytic decision framework that will be the engine of growth for the Lending business. The successful candidate will have experience working in the consumer credit industry with a quantitative background.

- Experience with delinquency and loss forecasting is desirable. The ideal candidate should be able to lead analysts in the design, initiation and tracking of champion-challenger strategies within our current systems and workflow environment.

- Another primary responsibility of this role will be to design, execute, and refine an enterprise-wide counterparty credit risk management framework and a set of methods to identify, measure, mitigate, and manage counterparty risk in alignment with Ocwen's risk tolerances and in compliance with laws, regulations and internal policies.

- Prior experience in Treasury and/or Capital Markets and knowledge of financial statement analysis is desirable. Ability to work collaboratively with staff in Treasury and Capital Markets operations will be required.

Key Result Areas :

- Development of quantitative and qualitative methods to enhance Ocwen's credit and market risk capabilities and performance.

- Periodic review and in-depth financial analysis of Ocwen's counterparties in coordination with Treasury and Capital Markets.

- Production of timely reports and proposals for Executives, Senior Management, Key Stakeholders, and Risk Committees.

- Developing an in-depth understanding and expertise of various functions of the Servicing and Originations enterprises and the company's risk reporting requirements

Qualifications :

- Master's degree from an accredited college, preferably IIM's.

- Minimum of 5 years of experience in retail/consumer credit portfolio risk management and strategy.

- Familiarity with mortgage banking and Treasury and/or Capital Markets operations

- Ability to develop quantitative measurements/analysis to address multi-dimensional business needs

- Ability to communicate clearly and precisely on technical and business topics, effective collaboration skills to coordinate and work effectively with other departments

- Ability to lead and mentor others.

- Knowledge of SAS and/or SQL programming and Microsoft Office products.

- High level of professionalism, self-motivation and a strong sense of urgency.

While this job description is intended to be an accurate reflection of the job requirements, management reserves the right to modify, add, or remove duties from particular jobs and to assign other duties as necessary.

Shifts - Mid
Carol Parker
080-66177582