Position Title Quantitative Financial Analyst II Location
Work From Home MI, MI 48098 Job Summary
The Quantitative Financial Analyst II is a key member of the Treasury team, advancing Flagstar’s understanding of its customers, balance sheet, and risk exposures. The Analyst uses advanced quantitative and technical skills to produce insightful reporting, analysis, and recommendations that enables sound and profitable risk management and strategic decisions. The Analyst may have assignments related to interest rate risk measurement and management, liquidity risk measurement and management, asset valuation, asset profitability analysis, loan and deposit product pricing, and hedging portfolio performance analysis. Development and maintenance of quantitative financial models used in risk measurement, income simulations, balance sheet management, or asset valuations.
~ Analysis of model output, synthesis of information, and communication of conclusions and recommendations in a clear and concise manner to senior managers, executives, and the Board.
~ Testing of established models, including back-testing, benchmarking, sensitivity testing, and scenario analysis.
~ Performs special projects, and additional duties and responsibilities as required.
~ Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.
Undergraduate Degree (4 years or equivalent) in Finance, Mathematics, Economics, Engineering (Computer, Systems, Electronics, Electrical), or similar.
~ 1+ Years mastery of quantitative fixed income and financial concepts, programming and financial modeling.
Knowledge of finance concepts.
~ Proven experience with object oriented and/or relational database programming preferred.
~ Strong project management skills.
~ Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
~ Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.
Travel Requirement: None.
Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Benefits | Flagstar Bank
Responsibilities
Develop quantitative financial models for risk measurement and asset valuation
Analyze model outputs and communicate findings to senior management
Test models and develop automated solutions
Qualifications
Bachelor's degree in finance, math, or related field; advanced degree preferred
Experience with quantitative modeling, risk management, and back-testing