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New York, New York, United States
Hybrid
See yourself at Radian? We see you here too.
At Radian, we see you. For the person you are and the potential you hold. That’s why we’ve embraced a new way of working that lets our people across the country be themselves, be their best and be their boldest. Because when each of us is truly seen, each of us gives our best – and at Radian, we’ll give you our best right back.
See Yourself as a Data Scientist I, MIRS
The Data Scientist I, MIRS (Mortgage Insurance and Risk Services) primary functions will be data modeling and analysis, analytical framework development and the estimation and validation of credit models. This role requires the use of financial, statistical and econometric methods within a structural modeling framework while leveraging cloud computing solutions.
See the Primary Duties and Responsibilities
Programming in support of model estimation, implementation, monitoring, and back testing.
Development and maintenance of cloud-based modeling frameworks. Analysis of standard reporting and model performance. Delinquency, default, prepayment, claim severity model estimation and design. Model development and methodology research.
Creation of analytical presentations and communication of strategic business findings to 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.
Data manipulation of large files (Python, SAS, or R datasets) to identify trends and make recommendations and/or adjustments to credit/portfolio guidelines as necessary.
Perform other duties as assigned or apparent.
See the Job Specifications
Knowledge:
Understanding of probability modeling.
Expert mathematical, statistical, and econometric understanding.
Strong analytical background, along with the ability and willingness to effectively make recommendations on transactions based on sound business judgment.
Practical proficiency of Python and working knowledge of SAS, R, or C++ for data analysis and modeling.
Ability to learn financial analysis of structured mortgage products.
Skills and Abilities:
Strong work ethic and independent problem-solving capabilities.
High level of motivation and intellectual curiosity.
Able to work in a team environment.
Ability to research and define new analytical methods.
Ability to communicate effectively and present results.
Education, Certifications and Prior Work-Related Experience:
Degree Requirement: Bachelor’s degree or foreign equivalent and 1 year of experience, or Master’s degree or foreign equivalent and no work experience
Certifications: Finance, Economics, Mathematics and/or Statistics
Work Experience: 1 or more years of prior work-related experience without a master’s degree, with a master’s degree no prior work experience is required.
See Why You Should Work With Us
Competitive Compensation: anticipated base salary from $80,000 to $100,000 based on skills and experience. This position is eligible to participate in an annual incentive program.
Rest and Relaxation. This role is eligible for 20 days of paid time off annually, which is prorated in the year of hire based on hire date. In addition, based on your hire date, you will be eligible for 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.
Our Company Makes an Impact. We’ve been recognized by multiple organizations like Bloomberg’s Gender-Equality Index, HousingWire’s Tech 100, and The Forum of Executive Women’s Champion of Board Diversity. Radian has also pledged to SHRM’s CEO Action for Inclusion & Diversity commitment.
Comprehensive Health Benefits. Multiple medical plan choices, including HSA and FSA options, dental, vision, and basic life insurance.
Prepare for your Future. 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. Our 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.
Additional Benefits. To learn more about our benefits offerings, visit our Benefits Page.
#LI-AB
The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.
Radian will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.
See More About Radian
Radian Group Inc. (NYSE: RDN) is a trusted, global multi-line specialty insurer that helps businesses navigate risk with confidence. Built on financial strength and disciplined risk management, Radian brings clarity to complex risk decisions through its proprietary view of risk and a global perspective.
Visit radian.com to learn how our collaborative and customer-centric culture transforms risk into a world of opportunity.
Defining Roles for Radian's Future
Understanding the qualities and characteristics that define a Leader and an Employee is important to building our future-fit workforce. Radian's future is only as bright as its people. For that reason, our People Plan includes profiles to support the qualities and characteristics that each Leader as well as each Employee should embody upon hire or via development.
EEO Statement
Radian complies with all applicable federal, state, and local laws prohibiting discrimination in employment. All qualified applicants will receive consideration for employment without regard to gender, age, race, color, religious creed, marital status, gender identity, sexual orientation, national origin, ethnicity, ancestry, citizenship, genetic information, disability, protected veteran status or any other characteristic protected by applicable federal, state, or local law.
An applicant’s criminal history may have a direct, adverse, and negative relationship with some of the material job duties of this position. The material duties include those listed in the “Primary Duties and Responsibilities” section above, as well as the ability to adhere to Company policies, exercise sound judgment, effectively manage stressful situations, work safely and respectfully with others, exhibit trustworthiness, and safeguard confidential information belonging to the Company and its customers. Pursuant to the California Fair Chance Act, Los Angeles County Fair Chance Ordinance for Employers, Fair Chance Initiative for Hiring Ordinance, and San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Equal Opportunity Employer Details
To learn more about Radian’s Code of Conduct and Ethics and workplace conduct, please click [here]. Radian participates in E-Verify [Link] (en español [Link]). Learn more about your rights under immigration laws [Link] (en español [Link]). View the "Know Your Rights: Workplace Discrimination is Illegal" poster [Link]. View “Employee Rights under FMLA” [Link]. View “Employee Rights under EPPA" [Link].
Accommodation
Whether you require an accommodation for the job application or interview process, Radian is dedicated to a barrier-free employment process and encourages a diverse workforce. If you have questions about the accommodation process, please e-mail careers@radian.com.
Please note that you may redact or remove age-related information that identifies your age, date of birth, or dates of attendance at or graduation from an educational institution on any additional application materials you submit as part of the application. Additional application materials include but are not limited to, resumes, CVs, transcripts, or certifications.