Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
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Job Description:
At Regions, the Mortgage Servicing Rights Valuation Analyst monitors the portfolio quality, verifies modeling/data assumptions, and performs ongoing monitoring of mortgage servicing rights (MSR) valuation.
Primary Responsibilities
Coordinates the intake, mapping, and loading of portfolio data into data and modeling systems
Uses quantitative models to perform periodic valuation of the Mortgage Servicing Rights (MSR) asset, adhering to Accounting Standards Codification (ASC) 820 accounting standards, and reports valuation results to stakeholders including senior management
Performs ongoing monitoring of MSR valuation, model assumptions, and backtesting of model performance to ensure reliable model output and valuation
Verifies modeling and data assumptions and works with leadership to make updates and changes when needed
Gathers and interprets information about the secondary mortgage market using statistical and analytical methods and techniques to gain insight and support pricing decisions
Supports portfolio managers in evaluation of loan portfolio acquisition through data assessment and analysis
Collaborates with business segments to provide analytics for strategic decision making and to identify risks in the portfolios/positions
Develops reports to monitor performance of portfolio using analytics software such as BlackRock AnSer, Quantitative Risk Management (QRM), Structured Query Language (SQL), and Statistical Analysis System (SAS)
Conducts data analysis to identify emergent trends in collateral performance across universe of loans
Receives instructions, guidance, and direction from senior level associates
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
Requirements
Bachelor's degree in Accounting, Finance, Business, or a related field
One (1) year of experience in mortgage banking, real estate, or appraisal management industry
Skills and Competencies
Ability to work independently in a fast-paced team environment
Excellent written and oral communication skills
Strong attention to detail and sound decision-making skills
Strong customer service skills
This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.
Position Type
Full time
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please click or copy the link below to your browser.
We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.
Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
