Deposit Portfolio Manager Sr

Position Title

Deposit Portfolio Manager Sr

Location

Nationwide, MI 48098

Job Summary

The Senior Manager, Deposit Portfolio Management is responsible for leading the end-to-end delivery of the assigned domain — either Forecasting and Analytics or Performance Management — with a high degree of independence. This role owns the core outputs of the domain, directs the analytical agenda within it, and is accountable for the accuracy, defensibility, and quality of the work product. The Senior Manager exercises independent judgment on methodology and approach, contributes to cross-functional operating relationships, and presents findings and recommendations to internal stakeholders.

Job Responsibilities:

JOB RESPONSIBILITIES

Domain Ownership

• Owns the assigned domain end to end and is accountable for the accuracy and quality of its outputs.
• In Forecasting and Analytics: owns the balance and rate forecast, the assumptions and scenarios behind it, and the analyses that inform pricing decisions.
• In Performance Management: owns the performance framework and the tracking of cost of funds, acquisition, augmentation, and attrition against plan.
• Exercises independent judgment on methodology, assumptions, and analytical approach, and defends those decisions under review.

Analytics and Modeling

• Builds, maintains, and continuously improves the models, behavioral reads, and scenario work the domain depends on.
• Directs the analytical approach within the domain and sets the quality standard the work must meet.
• Turns large, imperfect data sets into defensible outputs that pricing and planning decisions can rely on, and improves the analytical foundation as data quality matures.

Tool Operation and Capability Development

• Operates and extends the tools and methodologies used by the function, including those transferred from the external partner, and adapts them as market conditions and business needs change.
• Owns the documentation of methodology and process so the capability resides within the team rather than with a vendor.
• Identifies gaps in the current toolset and recommends improvements to senior leadership.

Reporting and Recommendations

• Produces the reporting and recommendations that feed pricing and planning decisions and the governance forums, in a form that a non-technical audience can act on.
• Presents findings and recommendations to internal stakeholders and defends the analytical approach and conclusions under challenge.
• Maintains working relationships with Finance and Data and Analytics to ensure actuals, canonical data, and reconciliation inputs are accurate, timely, and consistently defined across functions.
• Resolves methodology and data disagreements with partner functions and escalates unresolved issues with a recommended path forward.
• Uses independent judgement and discretion to make decisions.
• Analyzes and resolves problems.

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 training. 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) in Finance, Economics, Statistics, or a related quantitative field, or equivalent work experience.
• Minimum experience required: 8+ years in deposit pricing, forecasting, financial analysis, or a related quantitative finance discipline.
• Demonstrated hands-on command of quantitative analysis and financial modeling applied to a deposit or balance sheet portfolio.
• Demonstrated ability to own a forecast or performance model end to end, including assumptions, methodology, and output defense.
• Fluency in deposit or banking economics, including balances, rates, cost of funds, and the levers that move them.

Preferred Qualifications:

• Advanced degree in Finance, Economics, Statistics, or a related quantitative field.
• Banking or financial services experience, particularly consumer deposits.
• Experience with deposit forecasting, behavioral modeling, or price elasticity analysis.
• Experience operating a model or tool transferred from an external partner and extending it independently.

Job Competencies:

• Strong quantitative and financial modeling skills applied to a deposit or balance sheet portfolio, with the ability to own and defend the full methodology.
• Demonstrated ability to exercise independent judgment on analytical approach and explain what drives the output to a non-technical audience.
• Fluency in deposit economics, including balances, rates, and cost of funds.
• Comfort working with large, imperfect data and improving the answer as the data foundation matures.
• Demonstrated ability to receive a transferred tool or methodology, operate it, extend it, and document it for team continuity.
• Strong attention to detail and reconciliation discipline.
• Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
• Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.
• Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.
• Physical demands (ADA): No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer

We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank

Pay Range

$112,241.25 - $185,052.00

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, and the San Francisco Fair Chance Ordinance, as appliable.

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