Vice President w/ Goldman Sachs & Co. LLC in Dallas, TX.
Work Schedule: 40 hours per week (9:00 a.m. to 6:00 p.m.)
Duties: Vice President w/ Goldman Sachs & Co. LLC in Dallas, TX. Work with the trading desk on various stages of potential non-performing and re-performing residential loan bids (NPL/RPL), normalize and load loan level data into internal databases, analyze and stratify pools, determine appropriate modeling assumptions, run analytics and produce bid packets; work with the desk on monthly marking of residential mortgage warehouse positions. Provide thoughtful monthly quantitative analysis on the key drivers of portfolio performance and recommend actionable strategies to asset managers and the trading desk. Produce detailed monthly reports on P&L, returns, cashflows and collateral performance of the loan portfolio across multiple portfolios. Conduct a periodic model back-testing on the existing portfolio and recommend modeling assumptions adjustments to the trading desk. Collaborate across internal teams (Data Management, Operations, Technology, and Modeling) to ensure the quality of data, accurate cash processing, and validate modeling assumptions. Review P&L produced by controllers and perform variance analysis (i.e estimate vs actual P&L). Supervise three (3) analysts.
Job Requirements: Bachelor’s degree (U.S. or foreign equivalent) in Finance, Accounting, Business, Economics, or a related Engineering discipline, with four (4) years of experience in the job offered or a related position dealing with residential markets, including pricing and collateral analysis. Prior work experience must include four (4) years with: Fixed income cash flow modeling; Expertise in SQL, CAS, Intex Deal Maker and other 3rd party reporting platform (Tableau); Identifying and managing risk, including proposing risk mitigation strategies and presenting to senior management; and Supporting a team of professionals and contributing to team development by mentoring and training junior team members. Prior work experience must include three (3) years with: FV and HFI PCI accounting framework for mortgage loans; and Mortgage Asset Management.
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