VP Mortgage Pipeline Valuation and Risk Modeling

Citizens Financial Group•Johnston, RI

23d

About The Position

Directing pricing margin management, investor pricing and optimization of product and channel pricing to maximize profitability and balance sheet performance. Drive decision making to achieve forecasted/targeted goals for P&L and Balance Sheet through disciplined pricing strategy, best execution modeling, and capital markets analytics. Enhance analytical tools, reporting, and insights for Pricing and Finance teams to improve forecasting, decision-making, and overall financial performance. Supporting BSO, Non-Agency Platform, GNMA EBO/Re-pooling, and Alternative Execution opportunities and transactions while ensuring alignment to investor requirements and market dynamics. Evolve Capital Markets and Home Mortgage Analytics leveraging internal and external data, developing reporting, dashboards, and presentations to drive decision-making and business strategy within Mortgage. Extensive hands-on QRM-MB experience is required, along with a deep understanding of fixed income and mortgage analytics, mortgage pipeline hedging, secondary marketing, mortgage pricing, servicing valuation concepts, and model governance. This role will lead the QRM function from both a technical and managerial perspective, owning the development and enhancement of advanced modeling frameworks including interest rate shock modeling, option-adjusted analytics, pipeline valuation, fallout modeling, and best execution. The role requires prior management experience, strong leadership capability, and the ability to mentor and direct analytical staff. This role will partner closely with ALM, MSR, Finance, Risk, Technology, and Model Validation teams to ingest data, support cross-functional initiatives, and ensure QRM outputs are aligned with enterprise risk management, valuation, and capital markets objectives.

Requirements

Extensive hands-on experience with QRM-MB platform supporting mortgage pipeline valuation, hedging, and secondary marketing
Strong expertise in fixed income and mortgage analytics, including duration, convexity, hedge analytics, and prepayment/fallout behavior
Demonstrated experience in mortgage pricing, margin management, and capital markets strategy
Proven ability to develop and manage complex analytical and modeling frameworks
Strong SQL, Python, and advanced Excel capabilities
Experience with model governance, validation, and regulatory expectations
Prior leadership experience with the ability to manage, mentor, and develop analytical teams

Nice To Haves

10+ years of experience in mortgage banking, capital markets, or MSR/pipeline modeling
Deep experience in pricing optimization across products, channels, and investor executions
Experience supporting Non-Agency, GNMA, and alternative execution strategies
Advanced degree in Finance, Economics, Business Analytics, or related field

Responsibilities

Drive decision making to achieve forecasted/targeted goals for P&L and Balance Sheet through pricing strategy, best execution frameworks, and pipeline analytics
Enhance analytical tools, reporting, and dashboards for Pricing and Finance to improve decision quality and efficiency
Support BSO, Non-Agency Platform, GNMA EBO/Re-pooling, and alternative execution opportunities and transactions
Evolve Capital Markets and Home Mortgage Analytics using internal and external data to develop insights, reporting, and business strategy
Develop, enhance, and govern QRM-based models supporting pipeline valuation, hedging, fallout, and risk analytics
Lead scenario analysis, stress testing, and ad hoc analytics to support capital markets strategy and performance management
Improve automation, process efficiency, and scalability of QRM and capital markets analytic workflows