Position Title
Quantitative Financial Analyst III - FTP & ALM
Location
Work From Home United States
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 advanced 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 funds transfer pricing, interest rate risk measurement and management, liquidity risk measurement and management, asset valuation, asset profitability analysis, and fixed income investment portfolio management.
Pay Range: $71,600.00 - $87,947.00 - $132,600.00
Job Responsibilities:
- Development and maintenance of financial models used in funds transfer pricing, 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.
Desired Qualifications:
- ALM software experience (QRM, Empyrean, Moody’s, etc.)
- Funds transfer pricing (FTP) experience in model development, implementation, and validation
What We Do
Thank you for visiting Flagstar Bank on LinkedIn, and we look forward to being part of your financial journey. 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.
