JOE Listings (Job Openings for Economists)

August 1, 2020 - January 31, 2021

Essent Guaranty

This listing is inactive.
Director of Modeling

JOE ID Number: 2020-02_111466095
Date Posted: 11/23/2020
Date Inactive: 01/31/2021
Position Title/Short Description
Title: Director of Modeling
Section: Full-Time Nonacademic
Location: Philadelphia, Pennsylvania, UNITED STATES
JEL Classifications:
C4 -- Econometric and Statistical Methods: Special Topics
C5 -- Econometric Modeling
G4 -- Behavioral Finance
Real Estate
Machine Learning
Full Text of JOE Listing:

Essent’s Modeling & Analytics Group is seeking a talented PhD to develop behavioral, economic, and financial models for mortgage risk management. The position is responsible for estimating and implementing default, prepayment, loss severity, home price, and cashflow models for assessing mortgage risk exposures, along with additional responsibility for driving innovation around alternative data and technologies (e.g. credit bureau, alternative data, big data, AI, machine learning). Successful candidates will possess expertise in statistical/econometric modeling and the ability to deliver business-oriented communications for technical and non-technical audiences. An understanding of real estate and the US mortgage industry and familiarity with mortgage default and prepayment modeling is preferred. Candidates should be on track to a PhD in finance, economics, statistics, or other quantitative discipline and demonstrate knowledge of financial and behavioral modeling. Programming skills in languages for data manipulation and statistical analysis required (Python, R, SQL, MATLAB, SAS).

Essent Guaranty (NYSE: ESNT) is a private mortgage insurer approved by Fannie Mae and Freddie Mac and licensed nationwide. We offer private mortgage insurance, also known as MI or PMI, for single-family mortgages in the United States, providing capital to mitigate mortgage risk for lenders and investors.

Application Requirements:
  • Letters of Reference
  • Cover Letter
  • CV
Application deadline: 01/31/2021
  • Application Deadline Has Passed