See Yourself as a Data Scientist I, MIRS
The Data Scientist I, MIRS (Mortgage Insurance and Risk Services) primary functions will be data modeling and analysis, analytical framework development and the estimation and validation of credit models. This role requires the use of financial, statistical and econometric methods within a structural modeling framework while leveraging cloud computing solutions.
See the Primary Duties and Responsibilities
Programming in support of model estimation, implementation, monitoring, and back testing.
Development and maintenance of cloud-based modeling frameworks. Analysis of standard reporting and model performance. Delinquency, default, prepayment, claim severity model estimation and design. Model development and methodology research.
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 (Python, SAS, or R datasets) to identify trends and make recommendations and/or adjustments to credit/portfolio guidelines as necessary.
Perform other duties as assigned or apparent.
See the Job Specifications
Knowledge:
Understanding of probability modeling.
Expert mathematical, statistical, and econometric understanding.
Strong analytical background, along with the ability and willingness to effectively make recommendations on transactions based on sound business judgment.
Practical proficiency of Python and working knowledge of SAS, R, or C++ for data analysis and modeling.
Ability to learn financial analysis of structured mortgage products.
Skills and Abilities:
Strong work ethic and independent problem-solving capabilities.
High level of motivation and intellectual curiosity.
Able to work in a team environment.
Ability to research and define new analytical methods.
Ability to communicate effectively and present results.
Education, Certifications and Prior Work-Related Experience:
Degree Requirement: Bachelors degree or foreign equivalent and 1 year of experience, or Masters degree or foreign equivalent and no work experience
Certifications: Finance, Economics, Mathematics and/or Statistics
Work Experience: 1 or more years of prior work-related experience without a masters degree, with a masters degree no prior work experience is required.
See Why You Should Work With Us
Rest and Relaxation.This role is eligible for 20 days of paid time off annually, which is prorated in the year of hire based on hire date. In addition, based on your hire date, you will be eligible for 9 paid holidays + 2 floating holidays. Parental leave is also offered as an opportunity for all new parents to embrace this exciting change in their lives.
Our Company Makes an Impact.Weve been recognized by multiple organizations like BloombergsGender-Equality Index,HousingWiresTech 100, and The Forum of Executive WomensChampion of Board Diversity. Radian has also pledged to SHRMsCEO Action for Inclusion & Diversitycommitment.
Comprehensive Health Benefits.Multiplemedical plan choices, including HSA and FSA options, dental, vision, and basic life insurance.
Homebuyer Perks.Our Homebuyer Perks program helps employees navigate the home searching, buying, selling, and refinancing processes and provides valuable financial benefits to encourage, enable, and support home ownership.
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The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.
