JOE - November 2012

 
Ocwen Financial Corporation
Quantitative Analytics
OCWEN Asset Management
Modeler
 
Position Title/Short Description
Title: Modeler
Section: 5 -- Full-Time Nonacademic
Locations: West Palm Beach, FL, USA
Winston Salem, NC, USA
Atlanta, GA, USA
Frederiksted, St Croix, Virgin Islands (U.S.
JEL Classifications:
C1 -- Econometric and Statistical Methods and Methodology: General
C5 -- Econometric Modeling
C6 -- Mathematical Methods and Programming
G -- Financial Economics
Keywords: econometrics, model, finance, mortgage, insurance, real estate, SAS
Deadline Date: 05/2013

JOE ID Number: 201211_397997

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Full Text of JOE Listing:
Ocwen Financial Corporation is an industry leader in residential and commercial mortgage loan servicing. OCWEN is publicly traded on the NYSE and has offices in Florida, North Carolina, Georgia, Uruguay, and India.

We have openings for two modelers for the Quantitative Analytics team, which focuses on developing and implementing the models of mortgagor (e.g., prepay, default) and servicer (e.g., buyout, REO disposition). The work will facilitate pricing and valuation of mortgage servicing rights. Responsibilities include model development (conceptualization, data exploration, estimation, validation, implementation, and documentation), validation and enhancement of existing models, coordinating with teammates in multiple locations and time zones, presenting models to technical and non-technical audiences, and providing management with decision support and recommendation.

Qualifications:

PhD in Economics or other quantitative field (Ph.D. in hand at the date of hire)
Proficiency in logistic regression, survival analysis, panel data models and time series analysis
Strong SAS programming skills
Experience with large data sets
Excellent written and oral communications skills
Ability to work with global, cross-functional teams in a fast-paced environment
Two years of experience in industrial modeling are preferred but not required

Application Instructions:

Please contact Christina Rodriguez
christina.rodriguez@ocwen.com



Email for Applications: christina.rodriguez@ocwen.com


For more information, email: christina.rodriguez@ocwen.com

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