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Flagstar Bank, N.A. Capital Planning Risk Manager - 16092_MI in Lansing, Michigan

Position Title Capital Planning Risk Manager

Location Work From Home United States

Job Summary The Capital Planning Risk Manager is responsible for evaluating all material risks as noted within the Capital Plan for the Bank and measuring how those risks affect the Bank's overall capital adequacy. In addition, the Capital Planning Risk Manager is responsible for producing management reports that are forward-looking in identifying the Bank's projected risk levels as compared to Board approved risk tolerances, strategic goals and the budget that may affect targeted capital adequacy and/or key risk metrics. Must also be able to produce ad-hoc quantitative and qualitative assessments to support management requests. Lastly, will be responsible in developing a structured capital planning process that will require to continually keep current the ICAA framework document and support the preparation of the Capital Plan.

Pay Range: $117,184.74 - $155,269.79 - $193,354.83

Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities: Assists and supports the Director of CPST in developing, implementing and coordinating the risk management functions of the Capital Adequacy Process. Ensures policy alignment within the Capital Plan, Capital Policy, RAS, Strategic Plan and Stress Test Policy and other areas that have second order impact. Coordinates, tracks and reports from a risk perspective the regulatory findings and other efforts relating to Capital Planning & Adequacy. Monitors and reports all relevant regulatory requirements and changes. Evaluates internal controls testing results as it relates to Capital Planning & Finance procedures, processes and controls. Assists in the establishment and administration of the enterprise-wide limit setting and methodologies (within the RAS) and related monitoring, tracking and reporting. Works in coordination with the Director of CPST on the Bank's direction for SIFI readiness including Enhanced Prudential Standards Gap Assessment. Primary authority of Risk Identification and Qualifications. Produces and prepares required reports to be utilized for Capital Assessment Committee. Aggregates on behalf of Finance findings and issues from ERM, MRM, IA and Regulators creating a synergy across the organization relating to capital. Assists the Director of CPST with the development of a forward-looking capital planning process which includes incorporating changes from the Strategic Plan, Risk Tolerance Levels, Budget, and Stress Testing Process and any other factors (i.e. economic and financial) that materially affect capital adequacy. Works with the CPST Directory to identify and evaluate material risks in the capital planning process by considering both quantitative and qualitative factors. Incorporates the results of stress testing into capital planning in quantifying potential impact of identified risks on earnings and capital adequacy. Produces reporting that considers important factors to the Bank's capital risk profile such as; concentration levels, composition and sources of capital, asset quality, allowance adequacy, balance sheet structure, liquidity needs and interest rate risk, dividend practices and supervisory requirements for corrective action. Ensures capital policy reflects the regulatory guidelines and expectations of the Board which includes capital goals, targets, and contingency plan commensurate with the Bank's risk profile and business model. Ensures integrity, objectivity and consistency through the capital planning and stress testing process by maintaining an Internal Capital Adequacy and Assessment Program (ICAAP). Reviews key performance indicators/metrics and assists CFO in the early identification of risk trends. Employs governance and management processes surrounding ICAAP. Ensures existing and new capital and

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