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Quantitative Analyst Intern (5591) in Coppell, TX at Mr. Cooper

Date Posted: 2/7/2019

Job Snapshot

  • Employee Type:
    Intern
  • Location:
    Coppell, TX
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    2/7/2019

Job Description



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



We’re here to keep the dream of home ownership alive. Oh, and while we’re at it, we’re determined to change the lending industry itself. It’s simple, but it won’t be easy. And we’ll need a great team behind us. (That’s where you come in.) We want to show the world that transparency, candor and collaboration aren’t just good values. They’re good business. Working here isn’t for people who want to punch a clock. It’s for people who want to punch a hole in the status quo. Come join us. And make a difference instead of just a living.


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 2019 - 2021
  • 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:

5591

Job Category:

Administrative Services

Primary Location City:

Dallas

Primary Location Region:

Texas

Primary Location Postal Code:

75019

Primary Location Country:

United States of America

Posting Organization:

Mr. Cooper

Line of Business:

Corporate

Additional Posting Location(s):

Alternate Requisition:

No