Mortgage banking industry veterans Stenwyn Joseph and John Zhang have joined MountainView Analytics, offering analytics for fixed income and residential mortgage assets, as managing director of business development and vice president, respectively.
Joseph previously served as senior vice president, investment portfolio, at OneWest Bank, where he was responsible for managing all functions associated with the mortgage servicing rights (MSR) portfolio, including valuation, risk metrics, pricing, trading and financial reporting.
Prior to that, Joseph was with IndyMac Bank, predecessor of OneWest, where he led and mentored a team of portfolio managers and analysts in managing risk and return associated with MSRs, fixed income securities and whole loans. He also previously worked at North American Mortgage Co., managing the monthly valuation of a $40 billion servicing portfolio, with analysis for hedging, asset disposition and acquisitions.
Zhang previously worked as senior consultant, vice president at Northern Trust Bank, where he was responsible for creating balance sheet forecasts for CCAR. Prior to Northern Trust, he worked at MUFG Union Bank, validating models and creating reports shared with model owners, regulators and auditors. Zhang also worked at Portfolio Recovery Associates, developing credit and forecast models, and at BB&T, creating daily MSR valuations and risk projections. He is a financial risk manager certified by the Global Association of Risk Professionals.
In his new role, Joseph will partner with financial services companies to provide integrated solutions in support of their company-wide business objectives. Leveraging the analytics of subsidiaries MountainView IPS and MountainView Risk Advisors, he will employ a portfolio management strategy approach that combines independent/third-party expertise in pricing and valuation, trading and capital management, interest rate and credit risk management, financial planning and analysis, audit and regulatory risk mitigation, market research, and model validation.
Zhang joins MountainView's team of risk analysts responsible for researching the variables and scenarios affecting the value of the residential MSR asset, developing and maintaining valuation and risk profiling models for the asset, and working with clients to align their model design with regulatory guidance.
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