Sr. Credit Risk Modeler - First American (San Francisco, CA)

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Sr. Credit Risk Modeler - First American (San Francisco, CA)

Posted by Vincent Granville on July 18, 2008 at 6:50pm in Analytic Jobs

First American is the nation's largest data provider, supplying information resources and services that impact the major economic events of people's lives. We serve mortgage, real estate, and consumer-related businesses, as well as consumers themselves, with the data to help them make decisions, operate their businesses, and advance their lives. Tracing our history to 1889, The First American Corporation (NYSE: FAF) is based in Santa Ana, California. Today, with revenues exceeding $6 billion, our company has 31,000 employees and 2,000 offices throughout the United States and abroad. For more detailed information about First American, please visit our Web site at: www.firstam.com.

Description:
LoanPerformance, a division of First American CoreLogic (FACL), 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. LoanPerformance uses collected data to be the 'voice' of the mortgage industry. Since our inception in 1983 LoanPerformance has become the 'brain trust,' the definitive source of expert information about the state of the mortgage servicing and mortgage securities marketplaces. For more information, please visit our website www.loanperformance.com.

Join us as a Sr. Credit Risk Modeler working among the smartest and most often-quoted mortgage finance professionals in the business. You will develop loan-level, econometric-driven prepayment, default, delinquency, and loss severity models for inclusion in the LoanPerformance RiskModel software (mortgage populations include prime, alt-A, subprime, and other specialty mortgage segments). You will also perform periodic model validation, surveillance, and analysis to track and analyze model performance.

Note: We have two openings and these positions can be located in San Francisco, Sacramento or Santa Ana, CA.

Qualifications:
The ideal candidate will have the following:
-An advanced degree (Master's, Ph.D., or ABD preferred) in Economics, Finance, Math or Statistics
-Minimum of 2-3 years' exposure/experience in consumer loan modeling or related areas
-Knowledge of statistical/econometric modeling techniques (e.g. logistic regression, survival analysis and Monte Carlo simulation methods)
-Experience in spreadsheet applications and advanced use of statistical applications/databases
-Ability to write customized programs for meaningful data analysis
-Advanced programming ability in SAS

Preferred:
-Knowledge of mortgage default and prepayment modeling is a big plus
-Programming ability in a matrix- oriented language such as Matlab, Gauss, SAS IML, or S-Plus Note: Position can be located in San Francisco, Sacramento or Santa Ana, CA.

Benefits:
First American offers an empowered work environment that encourages creativity, initiative and professional growth. Our salary and benefits package is competitive including:
-Health, dental and vision care
-401(k) retirement savings plan including a company match tied to profitability
-Long-term disability insurance
-Short-term disability insurance
-Discount stock purchase program
-Tuition assistance program
-Title and escrow fee reimbursement program
-Company credit union

E.O.E. M/F/V/D

The First American Corporation is an Equal Employment Opportunity/Affirmative Action employer. Qualified applicants are considered for employment and employees are treated during employment without regard to race, color, religion, gender, sexual orientation, national origin, age, physical or mental disability, medical condition, religion, marital status or veteran status, or any other characteristic protected by state or federal law.

Apply Online

URL: www.datashaping.com/jobs17321x.shtml
Please mention datashaping.com when applying. Thank you.

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Replies to This Discussion

Permalink Reply by Victor Zinenberg on August 19, 2008 at 8:28pm: Victor Zinenberg, Ph.D.
1029 N Hayworth Ave #3, Los Angeles, CA 90046
(323)650-4684 E-mail: ax515@lafn.org

Objective
A senior position as a mathematician, statistician, data analyst or computer
programmer.

Professional Skills

Numerical, statistical and database problem-solving;
Programming including C, C++, FORTRAN, PL/1, Paradox, PL/SQL, Clarion, FoxPro,
Gauss, Mathematica, Statistica,Matlab, Mineset, Statgraph, ALGOL;
Digital processing analysis with Kalman and Wiener filters;
Forecasting stochastic time-series; Medical statistics;
Statistical pattern recognition;
Probability, simulation of complex systems;
Predictive modeling and optimization;
Database development;
Advanced numerical algorithms and data mining;
Lectures in numerical analysis, programming languages, advanced probability,
statistics, calculus, theory of electromagnetic fields, mathematical
programming for many organizations including the United Nations;
Two certifications to teach online from Embry - Riddle Aeronautical University
and from Los Angeles Trade Technical College
Forty publications in scientific journals;

Experience in Science and Programming

NewEgg Inc Statistician (contract)
City of Industry, CA August 2007- November 2007

I did statistics and predictions of retail activity and online sale of
the company. Predictions were calculated for hourly and monthly revenue
using approximation by combination of trigonometric and linear
functions.

Frontier Technology, Inc. Senior Operations Research Analyst
Washington, DC November 2006 - June 2007

I did statistics and optimization of operations for the Head Quarter US
Air Force. Factor analysis was applied to process input data as well as
linear and polynomial regression and other statistical methods. The
following tools were used: Statistica, Mathematica. I had a Secret
clearance.

Technical Mechanic & Electronic Co Mathematician
Los Angeles, CA May 2001 -Present

Part-time. Numerical methods and programming for solving differential equation
in partial derivative using Mathematica and C++.

CyberKnowHow.Com Statistician
Los Angeles, CA May 2000 - May 2001

I did Web statistics and optimization of book prices with purpose to increase
sales and revenue using C, C++, and Mathematica. The company was closed down.

California Institute of Technology Senior Computing Analyst
Pasadena, CA November 1999 -May 2000

I have developed a part of a Science operation System for the Space Infrared
Telescope Facility (SIRTF) mission. Duties included: designing, developing and
testing software systems; providing support in design and development of
software systems to reduce raw data in the final product. Used of the Unix-Sun
Solaris workstation, Mathematica, C++, FORTRAN. I have developed a new
statistical procedure for cleansing the data and separating nonlinear
intervals in the data set in the sensor calibration problem. I have also used
robust regression for the same problem.

@Once.com Senior Scientist
San Francisco, CA February 1999 - July 1999

I have collaborated with a team that developed customer relationship
management solutions for Internet permission marketing, which included
database design and development, data mining, transaction summarization,
reporting and statistical analysis using Oracle, PL/SQL and MineSet. The
company was closed down.

Epicenter Software Programmer
Pasadena, CA November 1997 - January 1999

I have developed a statistical project using languages C, Visual C++, FORTRAN
in the Microsoft Developer Studio V.4.0, zApp and Roguewave libraries. I have
designed a Graphical User Interface for statistical applications which
compares different groups of medical patients. In that project I created Help
files for Ms Windows-95 and the zApp library. I used the Mathematical and
Statistical System "GAUSS".

Rieger and Milliken Corporation Programmer
Newbury Park, CA March 1996 - June 1997

I have developed a implemented of GUI for a touch-screen application for a
credit union financial loan system using Paradox-7 and Object Oriented Design.
It was a part of the Member Activated Touch Terminal (MATT) system. This
system helps to choose a type of loan and write all data about applicants,
co-applicants and guarantors into the database.

Insta Information Systems System Analyst
Torrance, CA December 1994 -March 1996

I was responsible for the study of the work process for a furniture
manufacturing company. The main problem was to optimize the best possible
utilization for cutting furniture parts from wood sheets. This was
accomplished by reducing to the known mathematical problem of integer number
optimization, the "Knapsack" problem. The application program for solving the
Knapsack problem was written using C++ language.

Middle-Asia Institute of Irrigation Programmer and Mathematician
Tashkent, Uzbekistan 1983 -1994

I was responsible for processing the geophysical data, statistics, mathematics,
computation and programming on a configuration of DEC and IBM mainframes,
along with IBM PC's operating under PC-DOS, Windows 3.xx, Unix (DEC) and MVS
operating systems. I developed a system for the processing and planning of
water distribution, forecasting time-series. I designed complex
statistically based programming systems using programming languages: C++,
FoxPro, dBase, Modula-2, Pascal, FORTRAN, PL-1, Statgraph, Lotus 1-2-3 and
Quattro-Pro spreadsheets. I was also responsible for leading the development
of the project for a database describing the irrigation of every cotton field
and its condition in the Uzbek Republic. I used C++ and FORTRAN programming
for solving complex mathematical problems in hydrodynamics and geophysics
problems. FoxPro was used for creating the database for the irrigation system
in Uzbek republic.

Institute of Gas and Oil Geology Programmer and Mathematician
Geophysical Department
Tashkent, Uzbekistan 1963-1977

I was in charge of the computational geophysics, mathematical processing of
gravimetric, magnetic and electrical sounding data, interpretation of
seismical sounding data, forecasting time-series. I used programming language
FORTRAN. I did statistical processing of medical, sociometric and
anthropometric data. The statistical data was obtained as a result of the
greatest investigation of the health status of the population in the history
of Soviet Union and which contained 120 000 records with 58 parameters in
each. The system ran under an IBM mainframe and was programmed using
languages: PL/1.

Teaching experience

I taught in a few Los Angeles colleges as well as American Universities. I
also taught in the former Soviet Union. I taught courses in Beginning Algebra,
Intermediate Algebra, linear algebra, Trigonometry, Calculus, Decision
Mathematics, Managerial Decision models, Data Structures using C++. Pascal
Programming, Introduction to Computer Systems for MIS, Mathematics for
Programmers, statistics, economical statistics and theory of economical
indexes, numerical analysis, probability, theory of electromagnetic fields and
mathematical programming,. I have two certifications to teach online from
Embry - Riddle Aeronautical University and from Los Angeles Trade Technical
College.

Education:

Passed actuarial exam course #100-statistics -1998.

Los Angeles City College 1996. C++, Windows, Excel, WordPerfect, and Internet.

Department of Continued Education of Tashkent University, Tashkent, Uzbekistan

Docent, Highest Attestation Commission (Of former USSR) Moscow, Russia.

Ph. D. in Mathematics Highest Attestation Commission (Of former USSR)
Moscow, Russia. Title of Doctoral Dissertation:"Solution of the inverse
problem for the electrical vertical sounding", Novosibirsk, Russia

MS, Mathematics of Computation Tashkent University Mathematics Department,
Tashkent, Uzbekistan.

Publications
Forty papers in mathematics of computation, mathematical processing of
geophysical data, statistics applied to processing of sociometrical,
demographic and geological data, manuals for students.

Citizenship - US citizen

References
Available upon request.; ▶ Reply to This