Quantitative Financial Analyst II

Job description

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.

Job Responsibilities:

JOB   RESPONSIBILITIES - 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 .   - Develop automated solutions to simplify challenging and repetitive processes .

ADDITIONAL   ACCOUNTABILITIES   - Performs special projects, and   additional   duties and responsibilities as   required .   - C onsistently adhere s   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 a n d regulations.

JOB REQUIREMENTS

Required Qualifications :   - Education level   required :   ​ Undergraduate Degree (4 years or equivalent) ​   in Finance, Mathematics, Economics, Engineering   (Computer, Systems, Electronics, Electrical) , or similar.   - Minimum experience   required :   ​ 1+ Years ​   mastery of quantitative fixed income and financial concepts,   programming   and financial modeling.

Job Competencies :   - Knowledge   of finance concepts .   - Solid understanding of statistics and quantitative methods preferred .   - Understanding of   fixed income securities and analytics preferred .   - Proven experience with   object oriented   and/or relational database programming preferred.   - Excellent analytical skills .   - Strong written and oral communication skills, a clear, concise expository style .   - Advanced interpersonal relations skills .   - Strong project management skills .   - Demonstrated ability to work cooperatively, prioritize and multi-task   within in   a team - oriented   and fast-paced environment . - Demonstrates a strong ability to build and   maintain   effective relationships with stakeholders by communicating clearly,   engaging in proactive collaboration , and   leveraging   cross functional   insights.   Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.   - Builds   trusted client relationships, whether internal or external, by   identifying   needs and delivering tailored solutions to enhance the overall client experience.   - Fosters or   supports   a positive work culture and productive work environment, displaying   importance   of effective relationships with customers and stakeholders.   - Travel Requirement:  None .   - Physical demands (ADA):   ​ No unusual physical exertion is involved. ​

Flagstar is an Equal Opportunity Employer

We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. 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. Please click the following link for detailed information:  Benefits | Flagstar Bank

Pay Range

$68,788.50 - $106,262.00

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, and the San Francisco Fair Chance Ordinance, as appliable.