The Financial Analyst III performs the risk/return profile analysis of the company insured loan portfolio. The incumbent assists in the identification of new areas for risk research and market trends to create opportunities for product expansion or redirect company strategy away from unprofitable business lines. He/she may provides valuable information into the development and maintenance of various analytical tools, models, databases and reporting systems that empower users with new methods to access and analyze risk information. The incumbent works independently on most projects, receiving general direction only on new or complex assignments.

ESSENTIAL RESPONSIBILITIES AND ACCOUNTABILITIES
1. Provides risk analysis for company insured loan portfolio to identify opportunities to increase PMI's profitability through the risk management function.
2. Proactively identifies market or loan risk factors to investigate, such as regional economic indicators and competitive intelligence. Considers actual vs. expected loan performance and provides recommendations to Sr. Risk Analyst IV on the most significant risk factors.
3. Responds to ad hoc analysis requests on a regular basis.
4. Develops risk scores and presents findings with possible recommendations. May devise tools to best utilize risk scores in both underwriting and risk management.
5. May provide input into the design, development and maintenance of the less complex analytic tools and models used in portfolio allocation, capital management and other portfolio management related activities.
6. Ensures reports, analysis results, research and systems development information are accurate and posted on the department shared server location.
7. Interfaces with IT, representing the department on functional, operational and reporting requirements.
8. Keeps abreast of best practices in the quantitative and financial analysis field to continually evaluate new methods and tools.

JOB SPECIFICATIONS
Knowledge & Skills:
1. High level analytical, problem solving and investigative skills. Strong attention to detail.
2. Advanced knowledge of quantitative analysis methods and techniques.
3. Strong understanding of complex database environments.
4. Strong communication, interpersonal skills.
5. Good team collaboration, leadership and project management ability to effectively work with peers in various departments.
6. Highly proficient with SAS, Access, Excel, SQL and Visual Basic. General understanding/knowledge of other query or programming languages such as C++ and/or Java(a plus).
7. General understanding of the mortgage industry.

Education & Experience:
Required knowledge & skills would typically be acquired through a Bachelors degree in Finance, Computer Science or a quantitative field and 5-7 years of related experience.