Senior Analyst, Risk Managment

Business Unit: GE MoneyFunction: Risk ManagementResponsibilities: * Evaluate the aggregate risk exposure of WMC's lending activities, and work with operations on successful execution of risk management tactics.
Analyze and report risk characteristics by preparing the analytical framework to derive WMC's risk mitigation strategy.
Interface with other functions, such as servicing oversight, finance, Capital Markets and operations to derive and implement risk strategies
Design and integrate models of default incidence, loss severity and prepayment, as well as simulating the effect of economic environments (e.g., interest rate and house price paths) on revenue, credit losses, internal risk-adjusted and regulatory capital, and return on capital~HJ~
REQUIREMENTS
Qualifications: * Bachelor's degree
Minimum of 3 years previous experience with mortgage risk management.
Ability to lead projects to completion through team based collaboration within and outside functionDesired: *Graduate Degree PreferredGeneral: WMC Mortgage Corp, a GE Money Company, is a wholesale mortgage lender that specializes in flexible financing alternatives for borrowers who have less than perfect credit scores, high debt ratios, foreclosures and bankruptcies. Our goal is to provide the most flexible lending alternatives to our borrowers with real credit concerns including past bankruptcies, foreclosures and less than perfect credit. The WMC team hires and trains experienced professionals that are committed to customer service and satisfaction. We offer great company benefits, such as company medical, dental, 401K, optional life and long term disability insurance. WMC is an Equal Opportunity Employer.
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