Quantitative Financial Analyst II

Flagstar Bank•Work From Home MI, MI

2d•$68,789 - $106,262•Remote

About The Position

The Quantitative Financial Analyst II is a key member of Flagstar’s Treasury team, advancing the company’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 support sound and profitable risk management and strategic decisions. Assignments may relate 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. The role also includes maintaining compliance with applicable laws, regulations, and internal policies, completing required compliance training, and performing special projects and other duties as required.

Requirements

Undergraduate degree (four years or equivalent) in Finance, Mathematics, Economics, Engineering (Computer, Systems, Electronics, or Electrical), or a similar field.
At least 1 year of mastery of quantitative fixed income and financial concepts, programming, and financial modeling.
Knowledge of finance concepts.
Excellent analytical skills.
Strong written and oral communication skills, including a clear, concise expository style.
Advanced interpersonal relations skills.
Strong project management skills.
Ability to work cooperatively, prioritize, and multitask in a team-oriented, fast-paced environment.
Ability to build and maintain effective relationships with stakeholders and clients.

Nice To Haves

Solid understanding of statistics and quantitative methods.
Understanding of fixed income securities and analytics.
Proven experience with object-oriented and/or relational database programming.

Responsibilities

Develop and maintain quantitative financial models used in risk measurement, income simulations, balance sheet management, or asset valuations.
Analyze model output, synthesize information, and communicate conclusions and recommendations clearly and concisely to senior managers, executives, and the Board.
Test established models through back-testing, benchmarking, sensitivity testing, and scenario analysis.
Develop automated solutions to simplify challenging and repetitive processes.
Perform special projects and additional duties and responsibilities as required.
Adhere to regulatory and compliance policies and standards, complete required compliance training, and maintain compliance with applicable federal, state, and local laws and regulations.
Build and maintain effective stakeholder relationships through clear communication, proactive collaboration, and cross-functional insights.
Identify client needs and deliver tailored solutions to enhance the overall client experience.
Foster or support a positive work culture and productive work environment.