Ocwen - Sr BA - Data Management & Business Analytics

Ocwen Financial Corporation (“Ocwen”) is the largest independent mortgage loan servicer in the United States and the fifth largest overall mortgage servicer. Ocwen is publicly traded (NYSE:OCN) and is widely recognized in government, industry, community and media circles as a leader in foreclosure prevention, mainly through loan modifications. Over the past few years, Ocwen has enjoyed significant growth in its loan servicing portfolio and market capitalization, largely as a result of successfully integrating servicing platforms acquired from large financial institutions.

As a leader in loan modifications, we strive to help struggling families meet their financial responsibilities, get back on track, and stay in their homes as well as help them address the concerns and complex questions they have about their home and mortgage. Helping homeowners is what we do!

- Make a difference by working in this dynamic, growing field for one of the most innovative and fastest-growing companies in the mortgage servicing industry.

- As an Ocwen employee, you will work alongside highly motivated, well-educated peers who share your passion for providing the best possible service to our customers.

- The position offers advancement opportunities and a competitive salary

Responsibilities:

- Take initiative in completing tasks and projects within the team.

- Preparation of analyses and regular reporting of model reserve calculations, issue reports, pricing submissions, parameter calibration

- Document processes and results in accordance with internal and external standards

Key Result Area:

- Validation of the pricing models developed across the Group.

- Development of statistical and financial models for assessing probability of pre-payments, defaults, charge-off risk, portfolio pricing, loan resolution, portfolio optimization.

- Development of statistical models for assessing probabilities, confidence intervals and forecasts to optimize our business needs.

- Solve business problems and generate actionable insights.

Qualification:

- Hands on experience in Mathematical/Statistical/modeling

- Good knowledge of Statistical tools & techniques

- Good understanding of MS-Access and SQL

- Good analytical and problem solving skills

- Good communication skills

- Experience in quantitative modeling

- Knowledge of the US Mortgage Industry

- Bachelor of Science in Statistics, Mathematics or equivalent