Risk Analyst I
CHICAGO, IL | RISK | FULL-TIME
Redstone is one of the fastest growing fintech startups in the country focused on streamlining creation of esoteric alternative asset classes. The fintech disruptor dismantled the MBS ecosystem, streamlining it with a digital platform that employs AI and machine learning tools to eliminate unnecessary steps and redundant time-wasting approval processes. Redstone’s growing MBS partner network includes institutional and retail investors, forward flow partners, brokerages and mortgage lenders.
In pursuit of that mission, Redstone is seeking a Risk Analyst to join the Pricing Risk team in Chicago. The individual will play a critical role under the overall Credit Risk Team. This role will be working directly on new pricing strategies, lock desk and scenario strategies, and maintaining existing policies to minimize risk and optimize the customer experience for all of Redstone’s products. We are looking for a hands-on candidate who takes ownership and seeks new opportunities.
What you’ll do at Redstone:
Designing pricing tests and roll-out strategies
Devise and deploy improved lock desk strategies
Oversee performance trends within the portfolio of originated assets
Develop portfolio segmentation that enables targeted outreach strategies
Prepare and communicate performance narratives to senior leadership
Participate in process improvement projects
Collaborate with cross-functional teams on new initiatives and projects
What you might own at Redstone:
Projects like segmentation of customers based on risk attributes
Presentations to the Chief Risk Officer
Monitoring of adherence to strategies
Investigation into any trends related to scenario pricing changes
Periodic reporting on pipeline of fundings, among others
Work with data science to build models based on risk attributes
Why you are a fit at Redstone:
BA/BS Degree with specialization in Business, Statistics, Mathematics, Engineering or Economics
The ability to apply credit and risk principles toward business objectives
Excellent overall business judgment and solid management skills
Strong interpersonal, analytical and problem solving skills
Proven skills to manage effectively across cross functional areas in a matrix-organization
We believe talent and drive are worth more than words on a resume, ideas and execution are more important than titles and everyone is an owner. We collaborate with highly-motivated, intelligent people to stay true to our motto – Redstoners are doers.
At Redstone, we’re looking for people invigorated by our mission, not just those who simply check off all the boxes.
Mortgage Clause: Redstone Funding LLC ISAOA, ATIMA 200 West Jackson Boulevard, 9th Floor, Chicago, IL 60606
Redstone LLC. All rights reserved.
Distribution of materials without express written permission is strictly prohibited.