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Performance Management Analyst

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Job ID: 1001653
Company: PHH Mortgage

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Job Description


The Candidate will act as the central point of contact, working with various internal departments, to monitor the performance and manage risk of PHH counterparties within the various production lines to include Correspondent Lending, Cash Window, SMP, MSR Flow/Bulk and Reverse. Responsibilities will include counterparty scorecard analysis, ongoing scorecard maintenance, financial statement reviews, preparation of monthly credit/risk deck and perform quality assurance reviews within the counterparty risk team.

Job Functions and Responsibilities:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

  • Understand the relationships between quantitative and qualitative risks
  • Disseminate the enterprise-wide risk management philosophy
  • Support preparation of various risk management presentation materials
  • Work effectively with all other risk teams
  • Collaborate closely with senior management to ensure that the businesses understand and fully own all the relevant risks as the company’s “first line of defense”
  • Monitor the counterparty risk-taking activities for the Correspondent Lending business, and provide regular, timely and accurate reporting of these activities, including emerging risks
  • Provide 2nd line support for various initiatives and ongoing business activities (i.e. new products)
  • Maintain and enhance relevant monthly performance scorecards for counterparties
  • Exercise flexibility with ad-hoc requests, ability to prioritize tasks and pivot to meet team needs
  • Perform quality assurance reviews of various workflows within counterparty risk

Key Result Areas:

  • Support the score-carding process and issue the summary of each program in stipulated timeframes
  • Create and update the monthly Credit Working Group PowerPoint meeting deck, ability to highlight potential risks to senior management
  • Present findings to senior management as part of the monthly Credit Working Group meeting
  • Conduct periodic financial performance reviews of counterparties on a quarterly, annual or as needed basis
  • Ad-hoc reports – Gather data and work on ad-hoc reporting for senior management and risk presentations

Qualifications:

To perform this job successfully, an individual must have the following education and/or experience:

  • A Bachelor’s degree in Finance or Accounting is required, MBA is a plus
  • 3 + years of risk management experience in a large, complex financial/mortgage company
  • 5 + years prior experience working in the mortgage industry is required
  • Comprehensive risk management knowledge including, but not limited to, credit, market, interest rate, counterparty and liquidity risk
  • Strong analytical skills and knowledge of financial and economic fundamentals; knowledge of the tools and methodologies used to measure and quantify risk, including the use of models is a plus
  • A broad understanding of the mortgage industry’s business and knowledge of industry best practice and regulatory expectations for risk management
  • Outstanding communication skills, both oral and written, and the ability to communicate clearly at all levels of the organization
  • High proficiency with Microsoft Office products (Excel, PowerPoint) is required
  • High level of professionalism, self-motivation and a strong sense of urgency
  • Must be very detail ordinated
  • Knowledge of SQL, Excel Macros and dash boarding tools is helpful

Training / Licensing Requirements: (only add if needed)

  • Must pass the Company’s Background Screening process prior to beginning employment. Additionally, as a condition of employment, you may be required to pass client-specific background check requirements or Federal/State licensing requirements, if applicable.

Company Summary:

Ocwen and its subsidiaries are proud to be equal opportunity workplaces. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know.

Disclaimer:

This position is not eligible to be performed in the state of Colorado.

About Us


Company: PHH Mortgage

PHH Mortgage, a wholly owned subsidiary of Ocwen Financial Corporation, is one of the largest subservicers of residential mortgages in the United States. PHH Mortgage provides servicing solutions to companies who own mortgage servicing rights and offers portfolio retention services to extend and enhance customer relationships.

PHH has been providing mortgage lending and servicing solutions since 1984 and is dedicated to responsible and ethical practices while delivering an exceptional customer experience. We strictly focus on subservicing and portfolio retention allowing our diverse professional clients – representing some of the largest and most recognizable financial and wealth management institutions, investors of MSRs, regional and community banks, and credit unions – to concentrate on their core businesses, while providing borrowers with exceptional customer service throughout the life of their loans.

Adhering to the highest levels of risk and compliance, built to bank-like standards, we build relationships with our clients and their customers to promote a philosophy of retaining “customers for life.” We strive to be a natural extension of each client’s team, helping them to keep their expenses down, borrowers satisfied and service levels up while meeting today’s regulatory demands and changing market conditions.

Ocwen is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know.

This position is not eligible to be performed in the state of Colorado.

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