Note: The job is a remote job and is open to candidates in USA. Flagstar Bank is seeking a Quantitative Financial Analyst II to join its Treasury team. The role develops and maintains quantitative financial models, analyzes model outputs, tests established models, and creates automated solutions to support risk management and strategic decision-making.
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
- 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 trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations
Skills
- Education level required: Undergraduate Degree (4 years or equivalent) in Finance, Mathematics, Economics, Engineering (Computer, Systems, Electronics, Electrical), or similar
- Minimum experience required: 1+ Years mastery of quantitative fixed income and financial concepts, programming and financial modeling
- Knowledge of finance concepts
- Excellent analytical skills
- Strong written and oral communication skills, a clear, concise expository style
- 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
- 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
- Travel Requirement: None
- Physical demands (ADA): No unusual physical exertion is involved
- 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
Benefits
- Variable incentives, bonuses, commissions, or other awards may be included in total compensation as outlined in the offer of employment.
- Medical insurance
- Dental insurance
- Vision insurance
- Life insurance
- Disability insurance
- A comprehensive leave program
- Work from home
Company Overview
Company H1B Sponsorship