Quantitative Financial Analyst III - Treasury

Flagstar Bank, N.A.

Lansing, MI

JOB DETAILS
JOB TYPE
Full-time
LOCATION
Lansing, MI
POSTED
25 days ago
Position Title
Quantitative Financial Analyst III - Treasury

Location
Nationwide, MI 48098

Job Summary
The Quantitative Financial Analyst III is a key member of the Treasury team, advancing Flagstar's understanding of its customers, balance sheet, and risk exposures. The Quantitative Financial Analyst III uses advanced quantitative and technical skills to produce insightful reporting, analysis, and recommendations that enables sound and profitable risk management and strategic decisions. The Quantitative Financial Analyst III 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.
  • Uses independent judgement and discretion to make decisions.
  • Analyzes and resolves problems.

ADDITIONAL ACCOUNTABILITIES

  • 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.

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: 3+ Years mastery of quantitative fixed income and financial concepts, programming and financial modeling, bank balance sheet modeling or risk management.

Preferred Qualifications:

  • Education level preferred: Master's Degree (or Postgraduate equivalent) in Finance, Mathematics, Economics, Engineering, or similar.

Job Competencies:

  • Excellent analytical skills.
  • Strong written and oral communication skills, a clear, concise expository style, and 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.
  • Mastery 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.
  • Career Path: Sr. Quantitative Financial Analyst, Asset-Liability Manager, Liquidity and Funding Manager, Derivatives Trader, Fixed Income Investment Analyst
  • Travel Requirements: None
  • 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.
  • 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
$81,961.50 - $126,301.00

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.

About the Company

F

Flagstar Bank, N.A.

On December 1, 2022, New York Community Bank (NYCB) and Flagstar Bank joined together to become one company. Today, New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The company is headquartered in Hicksville, New York.

At June 30, 2024, the company had assets of $119.1 billion. We operate over 400 branches across 10 states, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and on the West Coast. Flagstar Mortgage operates nationally through a wholesale network of approximately 3,000 third-party mortgage originators.

We believe in cultivating a diverse, inclusive, and respectful workplace that engages employees, broadens perspectives, and encourages teamwork. We hire people who represent the talents, experiences, backgrounds, and diversity of the communities we serve. Together our goal is to deliver a new energy in banking to our customers, opening new doors for financial and personal success. Customers will have access to a broad spectrum of technology, products and services—all with a shared customer-first approach. Relationships are at the center of all that we do, enhanced by our commitment to delivering local market expertise, personalized solutions, and a long-standing focus on strengthening our communities. Follow us on LinkedIn to stay up to date on news and updates, new hires, community initiatives, access to our collective insights, and banking industry updates that you need to know..

COMPANY SIZE
1,000 to 1,499 employees
INDUSTRY
Financial Services
WEBSITE
http://www.flagstar.com