Senior Director - Portfolio Management
Company: North State
Location: Ann Arbor
Posted on: August 3, 2022
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Job Description:
Home Point Asset Management LLC(an affiliate of Home Point
Financial Corporation)seeks a Senior Director - Portfolio
Management in Ann Arbor, Michigan to: Design, estimate, implement,
test, document, and maintain pricing and valuation models for MSRs,
Whole Loans, RMBS, and credit/interest derivatives. Experience in
MSR pricing (flow and bulk), prepay/default risk modeling, term
structure modeling, OAS valuation and relative value analysis.
Responsible for monitoring asset performance, attribution, and risk
analysis. Assist in the development of investment, risk management,
and hedging strategies. Work with the Chief Investment Officer to
support strategy optimization and achieve business and financial
objectives. Responsible for monthly and quarterly performance
reporting of the managed portfolio. Handle and evaluate extensive
varied databases from multiple internal and external sources.
Deliver business-oriented communications for internal and external
parties. Assist with the creation of department policies,
procedures, and process documentation. Partner with the executive
team in the development and implementation of balance sheet
management plans and capital structure optimization strategies.
Collaborate with Transaction Management, Servicing Oversight, IT,
and Finance teams by sharing data and information as well as
providing support for day to day operations. Utilize Compass Point
software for the above listed duties.
Qualified applicants must have a Master's Degree in Financial
Analysis and Risk Management, or a foreign equivalent, and at least
1 year of experience in the job offered or a substantially similar
position performing the following duties: structuring a customized
valuation model and assumption set to match the needs of the
client's MSR mortgage portfolio; performing valuations for
month-end audits, hedge analysis, and pool valuation, sensitivity
and optimization analysis; implementing an automated bidding
infrastructure for clients looking to buy and sell pools of MSRs;
updating mortgage option-adjusted spread (OAS) in client models
required for calculating their SRP hedge sensitivity; and utilizing
Compass Point software. Teleworking is permitted. Qualified
applicants send resumes to Rob Needham at Work4Homepoint@gmail.com.
No phone calls please.
Keywords: North State, Ann Arbor , Senior Director - Portfolio Management, Executive , Ann Arbor, Michigan
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