KDnuggets : News : 2005 : n11 : item11 < PREVIOUS | NEXT >

Jobs


Date: 25 May 2005
Subject: San Francisco, CA: Senior Modeler at LoanPerformance

LoanPerformance, a division of First American Real Estate Solutions (FARES), the nation's largest provider of property and ownership information, analytics and services-and a member of The First American Family of Companies is the leader in mortgage finance, servicing, and securitization information and analytics. We created and maintain the industry's largest and most robust mortgage securities and servicing databases and provide state-of-the-art analytical tools that our banking, trading, and securities customers use to understand and manage their loan portfolios. For more information, please visit our website www.loanperformance.com.

Senior Modeler

The Senior Modeler will be responsible for supporting all fraud-related modeling and analysis functions in our company. Working primarily through the sourcing of information from a variety of internal & external data sources, this position will involve close liaison with analytics, product and other personnel in the design, development, implementation and maintenance of a new suite of mortgage and real estate fraud detection and analysis solutions targeted at a wide range of organizations in the mortgage and home equity finance markets, including mortgage originators and servicers, surveillance agencies, and pre- and post-funding quality control functions.

The successful candidate will be involved in developing analytical products which are both highly innovative and best-of-breed, and which have real business impact in fraud risk assessment and control. This position will contribute to an ongoing R&D process within our company to generate new business initiatives which deepen our market penetration of data-driven risk solutions in the mortgage and real estate sectors. The Senior Modeler will achieve this by applying predictive technologies to envision and create solutions that solve our client's business needs; these solutions will be high value-add and responsive to market opportunities.

Role/Responsibilities:

  • Develop innovative, state of the art mortgage and real estate fraud detection models, and leverage next generation data and text mining technologies to design and build fraud risk solutions based on massive loan-level and property-level data repositories.
  • Business focus is to leverage technologies and skills to build and implement production-strength scoring platforms for detecting and analyzing mortgage and real estate fraud risk, including the ongoing monitoring, analysis and calibration of the underlying predictive models.
  • Serve as a primary resource for fraud predictive modeling including performing a liaison function with stakeholder resources such as database analysts, programmers and other relevant technical personnel.
  • Lead and manage analytical consulting projects in the mortgage and real estate fraud analytics area and build up a strong business competency in this space.
  • Work effectively with different business and technical units, to provide analytical support and effectively transfer knowledge and technology in to products and solutions that are high-performing and market leading.
  • Out of the box thinking as it relates to solving analytical problems and extraction of signals and patterns relative to mortgage and real estate fraud.
  • Identify and develop opportunities in the area of mortgage and real estate fraud detection and analysis products and solutions.
Requirements:
  • MS/PhD in Statistics, Applied Mathematics, Economics, Computer Science or Operations Research.
  • Minimum 5 years' hands-on model and scoring development experience, preferably in the mortgage, real estate or consumer financial services sectors, in the areas of predictive modeling, descriptive analytics, and data and/or text mining. Fraud-related experience, and experience in large-scale data analysis highly desired.
  • Demonstrable track record in delivering high-quality, high-impact results through the use of advanced quantitative methods.
  • Strong problem-solving abilities and an ability to work in a fast-paced environment.
  • Team player but with the ability to also work independently, and in person, with clients, partners and other stakeholders to define requirements and perform requested tasks.
  • Excellent interpersonal, written and verbal communication skills, with an ability to analyze and present results to a non-technical audience.
  • Proven expertise in SAS, SPSS, KXEN or other similar production-strength, modeling and scoring toolkits. Familiarity with business intelligence and reporting tools such as MicroStrategy, Business Objects etc.
  • Experience in SQL and Perl, and knowledge of Oracle, SQL Server or similar RDBMS platforms.
First American offers an empowered work environment that encourages creativity, initiative and professional growth. Our salary and benefits package is competitive including:

o Health, dental and vision care o 401(k) retirement savings plan including a company match tied to profitability o Long-term disability insurance o Short-term disability insurance o Discount stock purchase program o Tuition assistance program o Title and escrow fee reimbursement program o Company credit union

E.O.E. M/F/V/D We promote a drug free work environment.

Contact:

resumes.anaheim.ca@firstam.com. Please mention reference code LP01871.


KDnuggets : News : 2005 : n11 : item11 < PREVIOUS | NEXT >

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