Hi all,I have just come through a job posting where JD is as below :1. Economic Capital: Run the HBUS (monthly) and HNAH (quarterly) Credit Economic Capital production process using MKMV PM. Allocate risk-based economic capital to cover credit risk.2. Economic Capital – Treasury: Assist in estimating economic capital on securitized mortgage portfolios and capital relief on insured portfolios.However I cannot understand what all the terms are meant for. What is : HBUS, HNAH? What is Credit Economic Capital production process using MKMV PM? What is the procedure for estimating economic capital on securitized mortgage portfolios?Can anyone explain me all those in details? Any suggestion on good book, webpages will be extremely helpful for me.Thanks

As a HH I see random acronyms frequently, sadly some are internal terms that I can't possibly know, indeed some are at least mildly secret.Also of course one fears looking foolish, when asking, since the answer may come across as obvious. MKMV could be Multi Kurtosis Minimal Variance, but I just made that up, and it is nonsense anyway.The point of a good JD is to attract the people you want, but warn off those who aren't relevant.This is not a good JD...Thus your optimal strategy is to apply, and when you find out the name of the bank look at their website to see if these terms are described. However, googling on HBUS HNAH gives a lot of plausible definitions.

I think KMV PM means Moody's KMV Portfolio Management.

A surprisingly large amount of time what happens is that the manager will write up a job description that contains the names of internal software that is being used, and this gets forwarded to the head hunter which posts the information.