Steve Keleher Email & Phone Number

Philadelphia, Pa, Us

Philadelphia, Pennsylvania, United States

• Motivate and manage a diverse team that is responsible for Radian’s $270B+ credit portfolio – This includes pricing strategy, portfolio management and reporting, credit risk transfer initiatives, and loan loss reserving.• Identify and negotiate risk syndication opportunities, leveraging both capital markets and reinsurance-based credit risk transfer transactions, to enhance the company’s return on capital, proactively manage the portfolio mix, and effectively manage the company’s capital… Show more • Motivate and manage a diverse team that is responsible for Radian’s $270B+ credit portfolio – This includes pricing strategy, portfolio management and reporting, credit risk transfer initiatives, and loan loss reserving.• Identify and negotiate risk syndication opportunities, leveraging both capital markets and reinsurance-based credit risk transfer transactions, to enhance the company’s return on capital, proactively manage the portfolio mix, and effectively manage the company’s capital position in a cost-efficient manner.• Develop and execute Radian's MI pricing strategy including rates offered via its proprietary pricing engine, RADAR Rates, which was built to dynamically analyze credit risk inputs and generate a rate quote that is finely tuned to a borrower's individual risk profile as well as loan and property attributes.• Oversee Radian’s portfolio valuation process which includes the establishment of reserves as well as estimating runoff value that is used for both GAAP and statutory reporting.• Continue to lead settlement efforts that, to date, have resulted in the reduction of Radian’s credit exposure by $2B+ (including 50,000+ delinquent loans).• Maintain relationship with the Board of Directors and provide regular updates to the Risk Committee.• Recognized as a 2019 HousingWire Insider honoring an "organization’s all-stars that are vital to its success". Show less

Philadelphia, Pennsylvania, United States

Philadelphia, Pennsylvania, United States

Mclean, Va

• Conducted valuations of illiquid, credit-sensitive ABS / CDO / NIM portfolios, requiring the application of both proprietary and commercially available credit risk models and Intex credit structuring tools. • Created a benchmarking process to allow comparisons of internal, proprietary credit model assumptions to commercially available risk models.• Implemented an improved loss allowance methodology to better support financial reporting requirements at a Fortune 100 company•… Show more • Conducted valuations of illiquid, credit-sensitive ABS / CDO / NIM portfolios, requiring the application of both proprietary and commercially available credit risk models and Intex credit structuring tools. • Created a benchmarking process to allow comparisons of internal, proprietary credit model assumptions to commercially available risk models.• Implemented an improved loss allowance methodology to better support financial reporting requirements at a Fortune 100 company• Developed requirements for an RMBS portfolio surveillance system. Integrated data from internal sources as well as multiple external sources including LoanPerformance, Intex, and trustee data. Show less

Mclean, Virginia, United States

• Developed an enhanced process for reviewing structured deals, which cut review time in half, made reviews more informative, and led to more accurate risk-overlay assessments. Performed pre-trade credit review for all non-agency mortgage ABS purchases, analyzing both deal structure and collateral.• Designed and built a bulk loan costing tool that enabled Freddie Mac to bid pools of loans that were previously out of reach due to dealer time constraints. In streamlining the costing process,… Show more • Developed an enhanced process for reviewing structured deals, which cut review time in half, made reviews more informative, and led to more accurate risk-overlay assessments. Performed pre-trade credit review for all non-agency mortgage ABS purchases, analyzing both deal structure and collateral.• Designed and built a bulk loan costing tool that enabled Freddie Mac to bid pools of loans that were previously out of reach due to dealer time constraints. In streamlining the costing process, Freddie Mac was able to bid additional pools, more effectively with fewer resources.• Automated portfolio reporting process using Intex data which increased accuracy and decreased the report production timeline from two days to approximately two hours.• Evaluated the accuracy of Intex CDI files using Excel to model cashflows according to the PSA language. Worked with the Intex Desktop support team to rework structural details that did not follow the language regarding triggers, pay rules, and caps. Show less

Mclean, Virginia, United States