Economist - must sit 1-2 days in Wayne, PA or NYC office

Radian Group Inc. • Wayne, PA

18d • $99,000 - $140,540 • Hybrid

About The Position

The economist’s primary function is to provide analysis on Micro and Macro trends to inform strategic decisions. The focus of the analysis will be mortgage and housing related (home prices and unemployment) and will require effective summarization and presentation. As a member of Radian’s quantitative analytics team, the senior economist will also be relied on for insight into potential improvements to mortgage modeling, economic scenario simulation, cost of capital modeling, economic capital, and risk appetite.

Requirements

• Doctorate Degree or Equivalent Experience
• 3 or more years of prior work-related experience
• Understanding of mortgage, housing, employment, and interest rates including awareness of economics conditions and trends impacting the industry.
• Ability to communicate technical information clearly and concisely to individuals from various backgrounds.
• Working knowledge of advanced statistical modeling techniques relevant to mortgage and interest rate modeling.
• Able to work in a team environment.
• Able to effectively summarize and communicate relevant findings and other information.
• Data manipulation and programming in support of market analysis.
• Forecasting and modeling of economic and financial conditions.
• Creation of analytical presentations and communications.
• Presentation of findings to senior 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.

Responsibilities

• Analyzing metro housing and employment measures and predicting future conditions.
• Researching potential improvements to models, economic capital, and portfolio optimization.
• Development and maintenance of metro level fundamental home price valuation, market home price valuation and unemployment econometric models.
• Supporting strategic decision making.
• Analyzing new products and structures.
• Perform other duties as assigned or apparent.

Benefits

• Competitive Compensation: anticipated base salary from $99,000 to $140,540 based on skills and experience. This position is eligible to participate in an annual incentive program.
• 25 days of paid time off annually, which is prorated in the year of hire based on hire date.
• 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.
• Multiple medical plan choices, including HSA and FSA options, dental, vision, and basic life insurance.
• 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 program helps employees navigate the home searching, buying, selling, and refinancing processes and provides valuable financial benefits to encourage, enable, and support home ownership.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Ph.D. or professional degree