Quantitative Financial Analyst II
About this role
Position Title
Quantitative Financial Analyst IILocation
Work From Home MI, MI 48098Job 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:
JOBRESPONSIBILITIES
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.
ADDITIONALACCOUNTABILITIES
Performs special projects, andadditionalduties and responsibilities asrequired.
Consistently adheresto regulatory and compliance policies and standards linked to the job as listedand complete required compliance trainings. Accountable tomaintaincompliance with applicable federal,stateand local laws and regulations.
JOB REQUIREMENTS
Required Qualifications:
Education levelrequired:Undergraduate Degree (4 years or equivalent)in Finance, Mathematics, Economics, Engineering(Computer, Systems, Electronics, Electrical), or similar.
Minimum experiencerequired:1+ Yearsmastery of quantitative fixed income and financial concepts,programmingand financial modeling.
Job Competencies:
Knowledgeof finance concepts.
Solid understanding of statistics and quantitative methods preferred.
Understanding offixed income securities and analytics preferred.
Proven experience withobject orientedand/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-taskwithin ina team- orientedand fast-paced environment.
Demonstrates a strong ability to build andmaintaineffective relationships with stakeholders by communicating clearly,engaging in proactive collaboration, andleveragingcross functionalinsights.Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
Buildstrusted client relationships, whether internal or external, byidentifyingneeds and delivering tailored solutions to enhance the overall client experience.
Fosters orsupportsa positive work culture and productive work environment, displayingimportanceof 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 - $106,262.00Qualified 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.
Originally posted on Himalayas