Robert Smith Email & Phone Number

Emeryville, Ca

Seattle, Wa

• Developed and maintain loan-level mortgage loss forecasting model.• Work with mortgage lenders to evaluate mortgage risk embedded in captive reinsurance structures.• Provide valuation estimates to lenders to support capital allocation decisions to reinsurance structures.• Evaluate stress test scenarios for industry participants to analyze counterparty capital adequacy.• Provide expert witness testimony in mortgage buyback litigation.

Seattle, Wa

• Supported Home Loans production in optimizing profitability by setting mortgage revenue rates to balance volume and margins.• Worked with Credit Modeling and Analytics to monitor performance and determine adequacy of price adjustments. • Partnered with Credit Policy to ensure product parameters are acceptable to investors and portfolio.• Worked with Secondary Marketing, MSR accounting, and portfolio management to determine best execution value for first and second lien mortgage products. Monitor competitive landscape to determine company’s pricing positioning. • Supported Product Development in determining pricing and profitability for new products and processes.

Walnut Creek, Ca

• Managed team producing pricing for entire company’s mortgage insurance products and structures.• Maintained and improved models used to price mortgage insurance, including reviewing assumptions on default frequency, severity of loss, prepayments, expenses, and capital usage. • Maintained and determined appropriate changes to standard mortgage insurance rate cards.• Created and analyzed risk-sharing transactions. • Supported pricing efforts at company’s subsidiary companies.Structured Transactions• Worked with company’s mortgage lending customers on structured mortgage credit enhancement and risk-sharing transactions. Corporate Development• Analyzed potential strategic investments in areas of technology, lender services, financial guaranty, and international opportunities. Analyzed and prepared two strategic bids to expand business of Australian subsidiary, with combined bid value over $450MM AUD.

San Mateo, Ca

Provided real-time credit product solutions for companies serving the small business market.• Led company’s initiative to offer small business Property and Casualty insurance online, including BOP and WC products. • Analyzed potential investment in start-up financial institution focused on SBA lending. Evaluated customer demand for SBA lender, and produced pro-forma financial statements of bank operations for investment analysis and regulatory approval..

Financial risk management advisory and software firm, subsequently acquired by Fitch Group, Inc.• Helped develop enterprise risk management framework for a major US Life Insurance company. Examined firm-wide risk measurement procedures as related to asset/liability management and Statutory and GAAP reporting requirements. Recommended new risk measurement policies and procedures to ALCO.• Aided in design and development of product for measurement and management of operational risk. • Worked on development of credit risk methodology and software product for major London-based Supranational organization. • Aided marketing efforts, including co-writing articles for RISK Magazine, drafting proposals for risk management advisory projects, developing product marketing material, and promoting company's products and services at conferences.

Mba

Msc, Industrial Engineering

Bachelor Of Engineering (B.Eng.), Industrial Engineering