POSITION SUMMARY The Director - MSR Pricing, Valuation & Risk will own and evolve the pricing, valuation, and risk analytics for our Mortgage Servicing Rights (MSR) portfolio. This is a high-impact role that offers the opportunity to shape strategy, drive innovation in model development, and influence key investment and risk decisions.The ideal candidate has a deep understanding of MSR valuation, mortgage modeling, and portfolio analytics—and is excited to bring expertise to a collaborative, performance-driven team DESCRIPTION Duties and Responsibilities Lead the modeling and valuation of MSR cash flows, incorporating prepayment speeds (voluntary and involuntary), interest rate scenarios, servicing costs, discount rates, and other key assumptions. Drive analytics supporting MSR pricing decisions for both newly originated and bulk acquisitions. Coordinate with external brokers, sellers, and internal stakeholders to prepare real-time valuation assessments for investment and strategic decisions. Build and run loan-level cash flow models, ensuring timely and accurate valuation reporting for management, investors, and auditors. Design and deliver scenario analysis, assumption reviews, and stress testing to assess P&L and liquidity impact under multiple horizon scenarios. Partner cross-functionally with Finance, Servicing, IT, and accounting teams to ensure alignment on data, controls, and reporting needs. Research market trends and industry benchmarks to ensure our valuation methods remain current, defensible, and competitive. Maintain and evolve valuation governance—including documentation, controls, and compliance with internal policies and regulatory requirements. Represent the MSR analytics function in discussions with internal and external audit, compliance, and regulatory teams. Continuously enhance tools, processes, and insights to improve MSR strategy, profitability, and risk visibility. Performs related duties as assigned by management. Qualifications and Education Requirements Bachelor’s degree in finance, Accounting or a related quantitative is required. 8+ years of experience in mortgage analytics, with at least 5 years focused on MSR valuation, pricing, or portfolio management. Proven experience modeling MSRs or mortgage cash flows using proprietary or third-party tools (e.g., MIAC, PolyPaths, Intex, etc.). In-depth understanding of mortgage servicing, loan attributes, and behavioral drivers like prepayment, delinquency, and default. Familiarity with capital markets, asset-liability management, or investment committee processes is preferred. Skills, Abilities, and Knowledge Advanced Excel modeling skills proficiency with SQL, Python, or other analytical tools is a plus. Detail-oriented with strong analytical and problem-solving skills. Excellent communication skills—able to explain complex valuation topics to both technical and non-technical audiences. Able to manage competing priorities and deliver under tight deadlines. Self-starter with strong business acumen and the ability to thrive in a fast-changing environment. Collaborative, team-oriented, and committed to continuous learning and improvement.

REVISION HISTORY Last Updated: 7/10/2025 Additional Information: While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement. Company Benefits :Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them! Medical, dental, and vision insurance

Health Savings Account with employer contribution

401(k) Retirement plan with employer match

Paid Maternity Leave/Parental Bonding Leave

Pet insurance

Adoption Assistance

Tuition reimbursement

Employee Loan Program

The Newrez Employee Emergency and Disaster Fund is a new program to support our team members

Newrez NOW: Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more

1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice

Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee

Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions