Credit Modeler I

Radian Group Inc
Published
August 1, 2020
Location
Philadelphia, PA
Category
Job Type

Description

Radian is looking for a Credit Modeler to join our team. As a Credit Modeler your primary function is to serve as a model builder, programmer, and data analyst supporting modeling of underlying loan delinquency, default, and prepayment/MI attrition. Models will be applied to estimate mortgage insurance claim arrival, claim severity, existing mortgage insurance policy attrition, and new insurance policy acquisition. Cash flow valuation of both primary mortgage insurance policies and structured mortgage insurance policies are also within your scope of analysis.

What You Work Do:

  • Delinquency, default, prepayment, claim severity model estimation and design.
  • Data manipulation and programming in support of model estimation, implementation, monitoring, and back testing.
  • Creation of analytical presentations and communication of strategic business findings to management
  • Analysis and recommendations on alternative credit structures, risk sharing arrangements, and/or non-traditional manners in which to participate and take on credit risk as appropriate and necessary.
  • Data manipulation of large files (in Excel, Access, or SAS datasets) to identify trends and make recommendations and/or adjustments to credit/portfolio guidelines as necessary.
  • Other duties as requested.

Who We Are Looking For:

  • You will have 1 - 3 years experience and a Bachelor's Degree with a concentration in a quantitative field of study. A Master's Degree is preferred.

Knowledge:

  • You will have a strong understanding of mortgage delinquency, default, and prepayment modeling.

    Why Work With Us:

  • Our Company Makes an Impact. We’ve been recognized by multiple organizations like, being included on Bloomberg’s Gender-Equality Index, being honored as a Tech 100 by HousingWire, pledging to PwC’s CEO Action for Diversity & Inclusion commitment, and receiving the Spirit Award from the MBA’s Open Door’s Foundation.
  • Rest and Relaxation. Generous time off starting day one, 9 paid holidays + 1 floating holiday in support of our I&D culture.
  • Health Benefits. Multiple medical plan choices, including HSA and FSA options, dental, and vision.
  • Prepare for your Future. 401(k) with a top of market company match (did we mention the company match is immediately vested?!)
  • Paid Parental Leave. An opportunity for all new parents to embrace this exciting change. 
  • Employee Assistance and Discount Programs. From helping you navigate the healthcare system, to providing resources and assistance to parents and caregivers of children with development disabilities, to scoring discounts with thousands of retailers. 
  • Pet Insurance. To help protect our furry family members.
  • About Us:

    Radian is helping to ensure the American dream of homeownership in even bigger and better ways with industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, real estate, and title services.

    We are powered by technology, informed by data and driven to deliver new levels of service and innovation to our customers across the residential mortgage and real estate spectrum.

    Learn more about Radian at Radian.com.

Skills and Abilities:

  • You will have a strong analytical background, along with the ability and willingness to effectively make recommendations on transactions based on sound business judgment.
  • You will be an expert in SAS, proficient in Excel and Access for data analysis.

Other Position Parameters:

  • You are able to work in a team environment.
  • You are able to effectively summarize and communicate relevant findings and other information.

Why Work With Us:

  • Our Company Makes an Impact. We’ve been recognized by multiple organizations like, being included on Bloomberg’s Gender-Equality Index, being honored as a Tech 100 by HousingWire, pledging to PwC’s CEO Action for Diversity & Inclusion commitment, and receiving the Spirit Award from the MBA’s Open Door’s Foundation.
  • Rest and Relaxation. Generous time off starting day one, 9 paid holidays + 1 floating holiday in support of our I&D culture.
  • Health Benefits. Multiple medical plan choices, including HSA and FSA options, dental, and vision.
  • Prepare for your Future. 401(k) with a top of market company match (did we mention the company match is immediately vested?!)
  • Paid Parental Leave. An opportunity for all new parents to embrace this exciting change. 
  • Employee Assistance and Discount Programs. From helping you navigate the healthcare system, to providing resources and assistance to parents and caregivers of children with development disabilities, to scoring discounts with thousands of retailers. 
  • Pet Insurance. To help protect our furry family members.

About Us:

Radian is helping to ensure the American dream of homeownership in even bigger and better ways with industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, real estate, and title services.

We are powered by technology, informed by data and driven to deliver new levels of service and innovation to our customers across the residential mortgage and real estate spectrum.

Learn more about Radian at Radian.com.

At this time, Radian is unable to sponsor applicants who require work visas.

EEO Statement

Radian complies with all applicable federal, state, and local laws prohibiting discrimination in employment.  All qualified applicants will receive consideration for employment without regard to gender, age, race, color, religious creed, marital status, sexual orientation, national origin, ethnicity, ancestry, citizenship, genetic information, disability, protected veteran status or any other characteristic protected by applicable federal, state, or local law.

If you are a person with a disability and need assistance in the application process please send an e-mail message to [Click Here to Email Your Resumé].

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