Enterprise Model Control Manager

Location(s)

Enterprise Model Control Manager
Virginia - McLean

The Firm
Our client is a stockholder-owned corporation established to support homeownership and rental housing. The corporation purchases residential mortgages and mortgage-related securities in the secondary mortgage market, and securitizes them into mortgage-related securities that can be sold to investors. The Company purchases single-family and multi-family residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage-related securities and debt instruments in the capital markets. The firm finances its purchases primarily by issuing a range of debt instruments in the capital markets. The Company operates in three segments: Investments, Single-family Guarantee and Multifamily.

Position Description:
Lead Model/Model Application Change Projects within the Corporation's Model Control Department.

Track and report future changes through pipeline management, report on implemented changes through change management reporting and participate in updates to inventory.

Execute the model change assessment process:
Obtain change proposal details from modelers, traders and other systems analysts
Translate technical write-ups into layman's terms
Assess modeling impacts for new product proposals
Coordinate groups of constituents
Review technical and system testing
Develop a risk assessment
Resolve issues; obtain management's approval; and monitor deployments.

Participate in operational risk assessments on modeling processes.

Requirements:
Minimum of 2-5 years of experience in the financial services industry, with a focus in areas such as risk management, compliance, audit, controllership.
Bachelor’s Degree in Business Administration, Management or related discipline or an equivalent combination of education and experience from which comparable knowledge and skills may be acquired. Strong communication and writing skills, experience writing reports and preparing presentations.

Preferred candidates will have the following experience:
Exposure to capital markets trading, preferably (but not required) mortgage securities trading
Experience with fixed income securities, including an understanding of structuring and analysis
Risk management experience
Consulting, audit, new products analysis experience, SOX, or regulatory examination experience
Project management experience

High Risk
Candidates submitting an employment application for high risk jobs, whether internal or external, must sign a Disclosure Statement consenting to a credit and criminal background investigation or the applicant will not be eligible for an employment offer

Please submit credentials through the candidate/jobs page of www.capital-markets.net at:

http://webconnect.sendouts.net/CN_Frame.aspx?ID=Capital&SiteID=WebConnec...