Michael Wilcher Email & Phone Number

Market risk oversight including MSR valuation and hedge, VaR analysis, risk limits, CCAR & MCST

SENIOR RISK MANAGERResponsible for market risk oversight, delinquency forecasting, CCAR/Planning for the sold & serviced portfolio

SENIOR MSR VALUATION ANALYSTPerform detailed valuation analyses on $5 billion servicing portfolio including: Trust IO analysis, benchmarking analysis,Prepay model back testing, survey submission, reporting and analysis, NEV analysis and reporting and servicing cash flow analysesPORTFOLIO VALUATION MANAGERManage the development of an asset valuation application, including whole loan and msr assets. This application utilizes Monte Carlo and OAS methodology. Responsible for the design of amortization and cash flow logic. PORTFOLIO PRICING MANAGERManaged the portfolio pricing process for non-conforming ARMs, non-conforming ALT-A ARMS and subprime FRM and ARM products using OAS valuation methods.SENIOR RESEARCH ANALYSTPerform various “economic” analyses on the mortgage servicing portfolio including: msr valuation assumption analyses and actual portfolio return analysis. Experience with PwC’s NEV (Net Economic Value) analysis tool.

Managed Performance Analysis Group of a national mortgage company that performs financial analyses for senior management including: extensive delinquency and prepayment analysis of $1.5 billion servicing portfolio ($100 billion UPB) in order to identify potential opportunities and risks.

Pricing Acquisitions/Sourcing: Performed detailed financial analyses for middle and senior management including: determining lease profitability and forecasting lease returns, determining lease money factors, performing cost analysis, bimonthly analysis of new and used car residuals, modifying pricing models.

Performed detailed financial analyses for senior management including: providing monthly internal efficiency reporting, performing quarterly valuations of the servicing portfolio, valuation analysis of all prospective acquisitions and sales, budgeting and forecasting, establishing service release premiums (SRP) pricing, and performing various cost and profitability analyses.

Masters, Mba

Bs, Economics