Financial Risk Analytics Lead

Position Title

Financial Risk Analytics Lead

Location

Hicksville, NY 11801

Job Summary

Pay Range: 140 - 232K

Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

The dynamic and experienced Risk Analytics Lead is part of our Independent Risk Management (IRM) team and plays a key role in designing and implementing analytics solutions aimed at enhancing the effectiveness and efficiency of IRM activities. The initial focus will be on building a Credit Analytics Platform to support Allowance for Credit Losses (ACL), Credit Risk, and Stress Testing/Capital Planning, with opportunities to expand into other risk domains based on evolving business needs.

JOB RESPONSIBILITIES

• Design, develop, and implement risk analytics tools and platforms to support IRM functions.
• Lead the creation of a credit analytics platform to enhance decision-making and risk oversight related to ACL, credit risk, and capital planning.
• Conduct needs and opportunity assessments to identify areas within IRM for analytics enhancement.
• Provide analytical support for Stress Testing and Capital Planning processes as scope expands.
• Collaborate with cross-functional teams to ensure analytics align with business goals and regulatory expectations.
• Mentor and guide junior analytics staff, with potential to build a high-performing analytics support team.
• Demonstrate leadership in managing project timelines, stakeholder expectations, and deliverables.
• Serve as a strategic thought partner in advancing the broader IRM analytics vision.
• Use independent judgement and discretion to make decisions.

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.

JOB REQUIREMENTS

Required Qualifications:

• Education level required: Undergraduate Degree (4 years or equivalent)  Business, Finance, Statistics, Mathematics, Engineering or related fields.
• Minimum experience required: 10+ Years in Risk Management and Analytics, preferably at large financial institutions, with a primary focus on building and effectively integrating credit risk analytics for Commercial & Industrial, Commercial Real Estate, and Mortgage portfolios, and proven experience on credit risk assessment, allowance for credit losses, and capital adequacy / stress testing processes.

Preferred Qualifications:

• Education level preferred: Master's Degree (or Postgraduate equivalent)  Data Science, Business, Financial Engineering, or related field.
• Experience in other risk types, such as market risk, interest rate risk, liquidity risk, and non-financial risks.

Job Competencies:

• Strong technical skills in data, analytics and data visualization tools (e.g., SQL, SAS, Python, Tableau, or equivalents).
• Deep understanding of risk management concepts, particularly in credit risk and its impact on the allowance for credit losses (ACL), and stress testing/capital adequacy assessment.
• Proven experience in building and deploying analytics platforms in a risk management context, with a focus on enhancing risk management decision-making.
• Strong leadership and communication skills, with the ability to influence and engage stakeholders across levels.
• Demonstrated ability to work independently, take initiative, and manage multiple priorities in a dynamic environment.
• Physical demands (ADA): No unusual physical exertion is involved.
• Flagstar is an Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, or national origin.