What are the responsibilities and job description for the Quantitative Financial Analyst 3 position at Flagstar Bank N.A?
Position Title Quantitative Financial Analyst 3 Location Troy/5151 Corporate Drive/112300 Job Summary The Quantitative Financial Analyst 3 is a key member of the Treasury team, advancing Flagstar’s understanding of its customers, balance sheet, and risk exposures. The Analyst uses advances 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: - 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 Required Qualifications: - Bachelor’s Degree with 6 years of experience or Master’s Degree with 2 years of experience - 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. Who We Are Flagstar Bank is a diversified consumer and commercial bank grounded in building relationships to meet clients where they are on their financial journeys. Our History Our parent company, New York Community Bancorp, Inc., is based in Hicksville, NY, and has $116.3 billion in assets, $85.6 billion in loans, $81.4 billion in deposits, and $10.8 billion in total stockholder equity. We are a leading regional bank with 420 banking branches, 134 private client banking teams, wholesale lending via approximately 3,000 third-party originators, retail mortgage lending, multifamily lending, mortgage servicing, and subservicing. We’re also the second largest mortgage warehouse lender nationally based on total commitments. Flagstar has strong footholds in the Northeast and Midwest and exposure to high-growth markets in the Southeast and West Coast. What We Do We are driven by our commitment to partner with our clients to set and reach goals together, helping them to take charge and thrive. Equal Opportunity Employer For more information: flagstar.com/eeoc Member FDIC/Equal Housing Lender
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