Associate Director, REM Modelling
Core
Lead the development, enhancement, and ongoing monitoring of quantitative models supporting the Bank's Reverse Mortgage (REM) business, providing actuarial and analytical leadership for portfolio forecasting, risk quantification, and capital assessment.
Role type
Senior IC actuarial modeller (reverse mortgage)
Builds
Production actuarial and predictive models for portfolio performance, risk, and capital
Domain
Financial services / Actuarial science / Reverse Mortgages
Deliverable
production ML models
Required skills
Actuarial modelling, Mortality and longevity modelling, Stochastic modelling, Portfolio forecasting, Risk quantification, Capital assessment, Stress testing, Model governance, Predictive analytics
Preferred skills
None stated
Technologies
None stated
Responsibilities
Lead development and maintenance of quantitative models for the Reverse Mortgage portfolio; Develop forecasting models for portfolio growth, LTV evolution, and profitability; Design actuarial models for borrower longevity, mortality, and property disposition; Build analytical frameworks for capital requirements and stress testing; Perform model recalibrations, back-testing, and remediation; Support internal audits, regulatory reviews, and model validation activities.
Seniority
Senior, hands-on IC