Quantitative Financial Analyst III - FTP and ALM - 15985_CT

$71,600 - $87,947/Yr

Flagstar Bank - Hartford, CT

Full-time - Mid Level

Remote - Hartford, CT

Credit Intermediation and Related Activities

About the position

The Quantitative Financial Analyst III is a vital member of the Treasury team at Flagstar Bank, responsible for enhancing the understanding of customer dynamics, balance sheet management, and risk exposures. This role involves utilizing advanced quantitative and technical skills to generate insightful reports and analyses that support effective risk management and strategic decision-making. Key areas of focus include funds transfer pricing, interest rate risk management, liquidity risk assessment, asset valuation, and fixed income portfolio management.

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