Mortgage Database Valuation Specialist C13 - Hybrid

CITI; O’Fallon (MO); On-site; USD 107,000 - 161,000; Full time

Job summary

An established industry player is seeking a Mortgage Database Asset Valuation Analyst to join their MSR Valuation team. This pivotal role involves maintaining mortgage loan databases, running complex econometric models, and collaborating with various teams to ensure accurate pricing of servicing rights. Ideal candidates will possess strong SQL and Python skills, along with a solid understanding of the mortgage market. The position offers a chance to make a significant impact on business decisions while enjoying a comprehensive benefits package. If you're detail-oriented and thrive in a dynamic environment, this opportunity is perfect for you.

Benefits

Medical, dental & vision coverage

401(k) plan

Life, accident, and disability insurance

Wellness programs

Paid time off packages

Qualifications

• 5-10 years of relevant work experience in finance or analytics.
• Experience with databases and advanced SQL skills required.

Responsibilities

• Maintain a database of mortgage loans and track prepayment behavior.
• Run econometric models to estimate MSR value and risk.

Skills

Advanced SQL

Intermediate Python

Microsoft Excel

VBA

Statistical Analysis

Education

Bachelor's Degree

Tools

Microsoft Access

Job description

The Mortgage database asset valuation analyst will be part of the MSR Valuation team focused on Citi's Mortgage Servicing Rights (MSR). This role is a technical position with direct impact on the business by ensuring the quality of the tasks or services provided. Works under little to no direct supervision.

Responsibilities:

• Maintains a database of mortgage loans.
• Tracks the prepayment and default behavior of the loans.
• Runs complex econometric models to estimate the value and risk sensitivities of the MSR.
• Consults outside firms for independent valuations for the MSR.
• Works with Citi's lending group to price new servicing rights. Using that price, the lending group sets the mortgage rate offered to Citi's customers.
• Keeps abreast of trends in the MSR market and reports developments to senior leaders.
• Preparing and validating reports and business analytics.
• Collaborates with traders who hedge the MSR.

Qualifications:

• 5-10 years of relevant work experience.
• Prior working experience with Databases using advanced SQL experience.
• Intermediate Python, including plotting and statistics libraries.
• Basic understanding of statistics.
• Proficient in Microsoft Office with an emphasis on MS Excel.
• Prior experience with VBA, and Access preferred.
• Familiarity with mortgages and mortgage-backed securities is a big plus, but superlative tech skills can make up for its absence.
• Curiosity about banking, mortgage and consumer lending.
• The ability to work independently with minimal supervision.
• A flair for improving processes without being asked to do so.
• Must have the ability to prioritize, be detail oriented & results driven.
• Consistently demonstrates clear and concise written and verbal communication skills.

Education:

• Bachelor's Degree or equivalent experience

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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Job Family Group:

Finance

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Job Family:

Financial Reporting

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Time Type:

Full time

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Primary Location:

Ofallon Missouri United States

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Primary Location Full Time Salary Range:

$107,120.00 - $160,680.00

In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Apr 10, 2025

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Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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