Data Scientist I,MIRS (Hybrid - at least 3 days in NYC office Job New York New York USA,Finance & Banking

Position: Data Scientist I, MIRS (Hybrid - at least 3 days in NYC office)
Location: New York

See yourself at Radian? We see you here too.

At Radian, we see you. For the person you are and the potential you hold. That's why we've embraced a new way of working that lets our people across the country be themselves, be their best and be their boldest. Because when each of us is truly seen, each of us gives our best - and at Radian, we'll give you our best right back.

See Yourself as a Data Scientist I, MIRS

The Data Scientist I, MIRS (Mortgage Insurance and Risk Services) primary functions will be data modeling and analysis, analytical framework development and the estimation and validation of credit models. This role requires the use of financial, statistical and econometric methods within a structural modeling framework while leveraging cloud computing solutions.

See the Primary Duties and Responsibilities

Programming in support of model estimation, implementation, monitoring, and back testing.
Development and maintenance of cloud-based modeling frameworks. Analysis of standard reporting and model performance. Delinquency, default, prepayment, claim severity model estimation and design. Model development and methodology research.
Creation of analytical presentations and communication of strategic business findings to management.
Analysis and recommendations on alternative credit structures, risk sharing arrangements, and/or non-traditional manners in which to participate and take on credit risk as appropriate and necessary.
Data manipulation of large files (Python, SAS, or R datasets) to identify trends and make recommendations and/or adjustments to credit/portfolio guidelines as necessary.
Perform other duties as assigned or apparent.

See the Job Specifications

Knowledge:

Understanding of probability modeling.
Expert mathematical, statistical, and econometric understanding.
Strong analytical background, along with the ability and willingness to effectively make recommendations on transactions based on sound business judgment.
Practical proficiency of Python and working knowledge of SAS, R, or C++ for data analysis and modeling.
Ability to learn financial analysis of structured mortgage products.

Skills and Abilities:

Strong work ethic and independent problem-solving capabilities.
High level of motivation and intellectual curiosity.
Able to work in a team environment.
Ability to research and define new analytical methods.
Ability to communicate effectively and present results.

Education, Certifications and Prior Work-Related Experience
:

Degree Requirement:
Bachelor's degree or foreign equivalent and 1 year of experience, or Master's degree or foreign equivalent and no work experience
Certifications:

Finance, Economics, Mathematics and/or Statistics
Work Experience:

1 or more years of prior work-related experience without a master's degree, with a master's degree no prior work experience is required.

See Why You Should Work With Us

Competitive Compensation
: anticipated base salary from $80,000 to $100,000 based on skills and experience. This position is eligible to participate in an annual incentive program.

Rest and Relaxation. This role is eligible for 20 days of paid time off annually, which is prorated in the year of hire based on hire date. In addition, based on your hire date, you will be eligible for 9 paid holidays + 2 floating holidays. Parental leave is also offered as an opportunity for all new parents to embrace this exciting change in their lives.

Our Company Makes an Impact. We've been recognized by multiple organizations like Bloomberg's Gender-Equality Index, Housing Wire's Tech 100, and The Forum of Executive Women's Champion of Board Diversity. Radian has also pledged to SHRM's CEO Action for Inclusion & Diversity commitment.

Comprehensive Health Benefits. Multiple medical plan choices, including HSA and FSA options, dental, vision, and basic life insurance.

Prepare for your Future. 401(k) with a top of market company match (did we mention the company match is immediately vested?!) and an opportunity to participate in Radian's Employee Stock Purchase Plan (ESPP).

Homebuyer Perks. Our Homebuyer Perks program helps employees navigate the home searching, buying, selling, and refinancing processes and…