The Mortgage Industry Advisory Corp. has hired Dick Kazarian to serve as director of the borrower analytics group. MIAC provides pricing, risk management and accounting solutions to mortgage and financial services companies.

Kazarian has more than 20 years of experience in designing, developing, validating, and marketing quantitative models.  These include empirical behavioral models across a broad range of collateral types, pricing and risk management models, interest rate and mortgage rate propagation models, and value at risk and tail risk models. Also, Kazarian has extensive experience in model risk management, capital stress testing and regulatory relations.

Prior to joining MIAC, Kazarian held leadership positions at Citigroup, Lehman Brothers, Roosevelt Management, Shellpoint Partners and J.P. Morgan.

“He brings an exceptionally broad range of model development experience as well as an unparalleled depth of financial analytical expertise to MIAC and our clients,” said Paul Van Valkenburg, principal at MIAC. “Kazarian will lead the borrower analytics team and help clients address their asset valuation, capital and liquidity stress testing, and their CECL requirements."