Essent Guaranty, Inc. Founded in 2008, we are a private mortgage insurer, approved by Fannie Mae and Freddie Mac and licensed nationwide. We offer private mortgage insurance, also known as mortgage guaranty insurance, MI, or private MI, for single-family mortgage loans in the United States, providing private capital to mitigate mortgage credit risk for lenders and investors. This, in turn, allows lenders to make additional mortgage financing available to prospective homeowners. We are focused on managing risk and dedicated to serving as a strong and fair counterparty. As a company, we bring strong private capital and a commitment to risk management to the mortgage insurance industry.

Title: Director of Modeling

Location: Radnor, PA

This is an individual position is responsible for developing, implementing, and monitoring predictive models used by the Risk team.

As a dynamic and resourceful professional, we will rely on you to perform the following duties:

• Provide full-cycle development for credit risk models and scorecards including data exploration, design, estimation, implementation, testing, and documentation.
• Implement, maintain, and update as needed, credit/scorecard models in a frontend, production-grade framework collaborating cross-departmentally with operations and IT staff.
• Monitor model performance and construct/deliver technical and business-oriented reports/communications for internal and external constituencies of varied backgrounds both technical and non-technical.
• Maintain awareness of trends and developments in credit risk assessment/scoring and modeling technologies, risk analytics, and finance.
• Perform other duties as assigned by management.

Minimum Education & Experience Requirements:

• Candidates should be on track to a PhD in finance, economics, statistics, or other quantitative discipline and demonstrate knowledge of financial and behavioral modeling.
• Proficiency in languages for data manipulation and statistical analysis (SQL, SAS, MATLAB, R, Python, etc.).
• Good verbal and written communication skills with ability to collaborate and contribute to a diverse workplace environment.
• Expertise in predictive modeling and the ability to deliver business-oriented communications for technical and non-technical audiences.
• Ability to effectively manage multiple priorities and meet deadlines.
• An understanding of real estate and the US mortgage industry and familiarity with mortgage default and prepayment modeling is preferred.

Our commitment to your success is enhanced by our competitive salary and comprehensive benefits package including paid time off, medical, dental, vision, 401(k) and disability benefits. We work to maintain a positive environment for our employees, where people can learn and grow with the company. Essent is an Equal Opportunity Employer.