VP, Portfolio Management

Finance of America Companies Inc.•Saint Paul, MN

56d•$200,000 - $220,000

About The Position

Responsible for managing a team of Portfolio Analysts focused on monitoring portfolio performance, managing market and financing risks, reporting on portfolio P&L and building analytical tools to conduct daily business. Primary products will be HECM buyouts, HECM MSR, and HomeSafe loans. Also responsible to conduct market research and analysis to identify strategic opportunities to maximize portfolio returns.

Requirements

Minimum 8 years of experience working developing and updating financial models, preferably for a financial services or mortgage lending organization.
Strong understanding of financial markets and economic indicators, with strong analytical and critical thinking skills.
Financial modeling and data analysis abilities.
High aptitude for learning new forms of technology and tools.
Ability to make informed decisions, even when faced with ambiguity.
Excellent verbal and written communication skills.
Highly proficient with Microsoft Word, Excel, PowerPoint and Outlook.
Detail oriented and focused.
Bachelor's Degree
Economics, Mathematics, Statistics, or related.

Responsibilities

Manages HECM buyout securitizations by working closely with the rating agencies and dealers, focusing to optimize the balance sheet risk related to current and future HECM buyouts.
Engages in HECM MSR pricing activities and monitors the pricing decisions for new HECM loans.
Works closely with the Capital Markets team around the execution of HMBS trades.
Works closely with the Valuation and Analytics team regarding model performance and forecasting assumptions and align cash flow forecasts within GAAP models.
Advises on key risks for HomeSafe, notably the home price forecast impacts to the existing portfolio risk.
Develops or utilizes third-party home price indices to generate geography specific pricing adjustments for HomeSafe program.
Directs a team of Portfolio Analysts to monitor portfolio performance and risks by applying financial metrics and risk models to identify and mitigate potential threats to returns.
Builds analytical tools by developing financial models, automating data visualization, and integrating technology to enhance portfolio analysis and decision-making.
Manages hedging and P&L optimization by assessing market data, adjusting risk exposure, and implementing portfolio strategies to improve financial outcomes.
Remains abreast of industry trends, products, best practices, technologies, competitive landscape, and legal and regulatory changes to modify strategic plans and improve legal and regulatory compliance.
Performs other duties as assigned.