The primary focus of this position will be daily P&L Reporting and attribution as well as creating and implementing new models and concepts to enhance the accuracy, profitability, and efficiently of financial accounting and managing our interest rate risk position using the QRM Framework. Expected to perform multiple functions across the Secondary Marketing area, including developing and maintaining model inputs and improving the accuracy and efficiency of modeling interest rate risk.
WHAT YOU WILL BE DOING Development and evolution of current daily P&L framework and attribution, including forecasting of expected future marginMaintain and improve key model assumptions including loan valuation, prepayment assumptions, and behavioral models that drive loan valuation and hedgingCreating new structures and processes that aligns priced in margin to modeled initial margin in QRMOwnership of fair valuation inputs and concepts to align valuation with our priced in marginOwnership of servicing valuation embedded in fair value calculations along with enhancement to servicing segmentation and valuationOwnership of modeling new Products from implementation within QRM Framework to valuation and reportingDesign and implement improvements to current reporting and/or database structureProvide insights for process efficiencies, functional realignments and overall continuous improvementBuilds adhoc analysis, reporting and models as needed with limited support WHAT WE NEED FROM YOUMust Have Qualifications:
On-site attendance is required. Pontiac, MichiganBachelor’s degree in Economics, Finance, Mathematics or applicable area2-5 years prior Capital Markets work experienceStrong analytical, problem solving skills and mathematical skillsExperience working with QRM preferredStrong analytical skills along with a desire to dig-in, research and solve problems independently, and lead data-driven analysis to support the businessMust be able to effectively and succinctly communicate research findings and proposed solutionsAdvanced experience using Excel, with ability to utilize PIVOTs, vLookup, & other analytical functionsExperience with Database Reporting, SQL, Hyperion, or other querying functionsStrong attention to detailStrong work ethic, self-motivation and driveKnowledge of the financial and mortgage marketsMust be coachable, able to take direction and feedback and have a willingness to learn and collaborate with the teamExcellent verbal communication, presentation, collaboration and teamwork skills with demonstrated ability to gain trust, secure buy-in and influence change at all levels THE PLACE & THE PERKSReady to join thousands of talented team members who are making the dream of home ownership possible for more Americans? It’s all happening on UWM’s campus, where our award-winning workplace packs plenty of perks and amenities that keep the atmosphere buzzing with energy and excitement.
It’s no wonder that out of our six pillars, People Are Our Greatest Asset is number one. It’s at the very heart of how we treat each other, our clients and our community. Whether it’s providing elite client service or continuously striving to improve, our pillars provide a pathway to a more successful personal and professional life.
From the team member that holds a door open to the one that helps guide your career, you’ll feel the encouragement and support on day one. No matter your race, creed, gender, age, sexual orientation and ethnicity, you’ll be welcomed here. Accepted here. And empowered to Be You Here.
More reasons you’ll love working here include:
Paid Time Off (PTO) after just 30 days Additional parental and maternity leave benefits after 12 months Adoption reimbursement program Paid volunteer hours Paid training and career development Medical, dental, vision and life insurance 401k with employer match Mortgage discount and area business discounts Free membership to our large, state-of-the-art fitness center, including exercise classes such as yoga and Zumba, various sports leagues and a full-size basketball court Wellness area, including an in-house primary-care physician’s office, full-time massage therapist and hair salon Gourmet cafeteria featuring homemade breakfast and lunch Convenience store featuring healthy grab-and-go snacks In-house Starbucks and DunkinIndoor/outdoor café with Wi-Fi DISCLAIMER All the above duties and responsibilities are essential job functions subject to reasonable accommodation and change. All job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform the job proficiently. Team members may be required to perform other or different job-related duties as requested by their team lead, subject to reasonable accommodation. This document does not create an employment contract, implied or otherwise. Employment with UWM is "at-will." UWM is an Equal Opportunity Employer. By selecting “Apply for this job online” you provide consent to UWM to record phone call conversations between you and UWM to be used for quality control purposes. Connect With UWM! Not sure what to apply for? Connect with us to speak with a Recruiter and explore opportunities! .