Quantitative Financial Analyst 3
$71,600 - $87,947/Yr
Flagstar Bank - Auburn, IN
posted about 2 months ago
Full-time - Mid Level
Auburn, IN
Credit Intermediation and Related Activities
About the position
The Quantitative Financial Analyst 3 plays a crucial role within the Treasury team at Flagstar Bank, focusing on enhancing the understanding of customer behavior, balance sheet dynamics, and risk exposures. This position leverages advanced quantitative and technical skills to deliver insightful reporting and analysis, facilitating effective risk management and strategic decision-making. Responsibilities include managing interest rate risk, liquidity risk, asset valuation, and product pricing, among others.
Responsibilities
- Development and maintenance of quantitative 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.
- Perform special projects and additional duties and responsibilities as required.
- Consistently adhere to regulatory and compliance policies and standards linked to the job and complete required compliance trainings.
Requirements
- Undergraduate Degree (4 years or equivalent) in Finance, Mathematics, Economics, Engineering, or similar.
- 3+ years of experience in quantitative fixed income and financial concepts, programming, and financial modeling, bank balance sheet modeling, or risk management.
Nice-to-haves
- Master's Degree (or Postgraduate equivalent) in Finance, Mathematics, Economics, Engineering, or similar.
- Solid understanding of statistics and quantitative methods.
- Understanding of fixed income securities and analytics.
- Proven experience with object-oriented and/or relational database programming.
