Join our team as an Analyst in the the Loan Performance Modeling and Research team of Corporate Finan...
Join our team as an Analyst in the the Loan Performance Modeling and Research team of Corporate Finance to perform the production, maintenance and development of analysis and models that support the company's financial operations. The Loan Performance Modeling group is a high performing and highly visible team, whose primary mission is to provide key business and performance intelligence to executive management that enables accurate, efficient, and optimal financial management and decision making. Specifically, the Analyst role will directly produce, support, or contribute to the determination of portfolio valuation estimates, calculation of the loan loss reserve, portfolio acquisition and securitization, and other key financial and accounting business estimates.
The analyst will primarily support the quarterly production, validation, and presentation of the corporate Critical Accounting Assumptions, including short and long-term default expectations, recovery/severity estimates, and portfolio prepayment rates. In addition, the incumbent will perform on-going and ad hoc reporting and analysis on loan portfolio performance, assist as needed on ABS transaction analysis and execution, and other finance or corporate loan performance initiatives as they arise.
The typical model production process involves input source data review and validation, programmatic model processing and execution, quantitative analysis of model outputs in both SAS and excel, manual review of the model results, post-production analysis to understand and explain key drivers of performance, execution of a very robust control and validation framework, and written and verbal analysis and presentation of the model results delivered to senior management.
1. CAA Modeling
2. Research Project Work
3. CAA Research and Development
4. Model Documentation and Validation
5. Data and Infrastructure Subject Matter Expert
* Bachelors Degree - Economics, Mathematics or Finance * 1-3 years of related modeling/analytical experience* 1-3 years of experience in Excel and/or SAS * Experience in R, Python, SQL or another non-SAS programming language* Background in finance, economics, credit, data science, math/statistics, or marketing analytics
All offers of employment are contingent on standard background checks. Navient and certain of its affiliated companies are federal, state and/or local government contractors. Should this position support a federal government contract, now or in the future, the successful candidate will be subject to a background check conducted by the U.S. Government to determine eligibility and suitability for federal contract employment for public trust or sensitive positions. Positions that support state and/or local contracts also may require additional background checks to determine eligibility and suitability.