at Flagstar Bank, N.A. in Topeka, Kansas, United States
Job Description
Position Title
Quantitative Financial Analyst II - IRR
Location
Work From Home United States
Job Summary
The Quantitative Financial Analyst 2 is a key member of the Treasury team, advancing Flagstar's understanding of its customers, balance sheet, and risk exposures. The Analyst uses 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, and fixed income investment portfolio management.
JOB RESPONSIBILITIES
40% of time: Development and maintenance of financial models used in risk measurement, income simulations, balance sheet management, or asset valuations.
30% of time: 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.
20% of time: Testing of established models, including back-testing, benchmarking, sensitivity testing, and scenario analysis.
10% of time: Develop automated solutions to simplify challenging and repetitive processes.
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.
Pay Range: $58,500.00 - $83,000.00 - $107,500.00
Job Responsibilities:
Development and maintenance of 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
JOB REQUIREMENTS
What is the minimum education, training and experience required for performing the duties of the job? Include any licensing, certifications or specialized training that is required before work can be performed for the Bank.
REQUIRED LEVEL OF EDUCATION / SPECIALIZED TRAINING
Bachelor's Degree or Masters Degreein Finance, Economics, Applied Mathematics, Quantitative Finance or relatedField of Study
REQUIRED YEARS & TYPE OF WORK EXPERIENCE
Minimum
Bachelor's Degree with 4+ years of experience or Master's Degree with 2+ years of experience
SKILLS:
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...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
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