Quantitative Financial Analyst III - FTP & ALM

$71,600 - $87,947/Yr

Flagstar Bank - Phoenix, AZ

Full-time

Remote - Phoenix, AZ

Credit Intermediation and Related Activities

About the position

The Quantitative Financial Analyst III is a pivotal role within the Treasury team at Flagstar, focusing on enhancing the understanding of customer dynamics, balance sheet intricacies, and risk exposures. This position requires the application of advanced quantitative and technical skills to generate insightful reporting and analysis, which in turn supports sound and profitable risk management and strategic decision-making. The Analyst will engage in various assignments that encompass funds transfer pricing, interest rate risk measurement and management, liquidity risk assessment, asset valuation, asset profitability analysis, and the management of fixed income investment portfolios. In this role, the Analyst will be responsible for the development and maintenance of sophisticated financial models that are essential for funds transfer pricing, risk measurement, income simulations, balance sheet management, and asset valuations. A critical aspect of the job involves analyzing model outputs, synthesizing information, and effectively communicating conclusions and recommendations to senior managers, executives, and the Board. The Analyst will also be tasked with testing established models through back-testing, benchmarking, sensitivity testing, and scenario analysis to ensure their reliability and accuracy. Moreover, the Analyst will be expected to develop automated solutions that streamline complex and repetitive processes, thereby enhancing efficiency within the team. This position is designed for individuals who possess a strong analytical mindset, excellent communication skills, and the ability to thrive in a collaborative, fast-paced environment.

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

Requirements

• 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 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.

Nice-to-haves

• ALM software experience (QRM, Empyrean, Moody's, etc.)
• Funds transfer pricing (FTP) experience in model development, implementation, and validation