Quanitative Analyst Intern (2691) in Coppell, TX at Mr. Cooper

Date Posted: 4/6/2018

Job Snapshot

  • Employee Type:
  • Location:
    Coppell, TX
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:

Job Description

Ready to be a Cooper too? This might just be right up your alley!

Intern Job Summary

The Mr. Cooper 12 week long Summer Internship Program provides real-world, professional work experience and the opportunity to be a valued contributor! From day one you’ll be working side-by-side with your mentor and manger on project-based work that enables you to apply the knowledge and skills you are learning through college courses. And we’re not talking about “busy work” here; this is about gaining valuable hands-on experience that is critical to our success. You’ll do real work, earn real pay and have a ton of fun while doing it!

Intern Duties and Responsibilities

The incumbents will work on a model development project through the phases of Model Design, Data Exploration, Model Selection and Model ImplementationOur group is responsible for designing, building and implementing predictive models to optimize key business decisions and processes for the purpose of driving value for the firm.

  •  Development and management of predictive models, segmentation models and portfolio analytics
  •  Monitor the effectiveness of models in use and continually update model parameters with actual results and changing trends
  •  Create, enhance and maintain models and model parameters for various models, such as:

Probability based outcome modeling and NPV optimization

Forecasting prepayment speeds, delinquencies and defaults

Risk scoring and portfolio segmentation

Marketing response models

  •  Develop and explain correlations between macroeconomic variables and their impact on portfolio performance, prepayment speeds, delinquency rates and defaults

 Ensure that best practices are followed in terms of model development, validation, documentation of model methodology and effective implementation for usage

What will you gain?

1. Opportunity to learn the mortgage business and experience working with large data sources

2. Will gain highly sought after SAS data manipulation and modeling skills

3.  Interesting group of teammates

Intern Qualifications & Ability

  • A high school diploma or state accepted equivalency is required.
  • Currently a junior or senior in college with an expected graduation date in 2018 - 2020
  • Must be 18 years of age
  • Ability to execute multiple tasks and projects concurrently to meet deadlines
  • Demonstration of leadership and working within a group or team environment a plus
  • Energetic and eager to tackle new projects and ideas

Job Requisition ID:


Job Category:

Administrative Services

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Primary Location Country:

United States of America

Posting Organization:

Mr. Cooper

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