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Flagstar Bank, N.A. Quantitative Financial Analyst II - IRR in SALT LAKE CITY, Utah

Position Title Quantitative Financial Analyst II - IRR

Location Work From Home United States

Job Summary The Quantitative Financial Analyst 2 is a key member of the Treasury team, advancing Flagstar's understanding of its customers, balance sheet, and risk exposures. The Analyst uses quantitative and technical skills to produce insightful reporting, analysis, and recommendations that enables sound and profitable risk management and strategic decisions. The Analyst may have assignments related to interest rate risk measurement and management, liquidity risk measurement and management, asset valuation, asset profitability analysis, and fixed income investment portfolio management.

JOB RESPONSIBILITIES

40% of time: Development and maintenance of financial models used in risk measurement, income simulations, balance sheet management, or asset valuations.

30% of time: 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.

20% of time: Testing of established models, including back-testing, benchmarking, sensitivity testing, and scenario analysis.

10% of time: 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.

Pay Range: $58,500.00 - $83,000.00 - $107,500.00

Job Responsibilities:

Development and maintenance of 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

JOB REQUIREMENTS

What is the minimum education, training and experience required for performing the duties of the job? Include any licensing, certifications or specialized training that is required before work can be performed for the Bank.

REQUIRED LEVEL OF EDUCATION / SPECIALIZED TRAINING

Bachelor's Degree or Masters Degreein Finance, Economics, Applied Mathematics, Quantitative Finance or relatedField of Study

REQUIRED YEARS & TYPE OF WORK EXPERIENCE

Minimum

Bachelor's Degree with 4+ years of experience or Master's Degree with 2+ years of experience

SKILLS:

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 in 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.

CAREER PATH:

Sr. Quantitative Financial Analyst, Asset-Liability Manager, Liquidity and Funding Manager, Derivatives Trader, Fixed Income Investment Analyst

TRAVEL:

PHYSICAL DEMANDS (ADA):

No unusual physical exertion is involved.

The job requires a moderate degree of physical exertion and stamina such as standing, sitting, walking, driving or infrequent lifting.

The job requires significant physical exertion and stamina such as repeated bending, reaching, climbing, or moderate and frequent lifting.

The job requires he vy physical exertion.

Please list specific demands of position (if known):

STAR VALUES/CORE COMPETENCIES

The Star Values and Core Competencies are a very important part of our culture at Flagstar. Employees are expected to exhibit these behaviors while performing the duties of their jobs. Job Descriptions should be written with these qualities in mind.

Star Values

Service

The way we communicate with one another and our customers says a lot about Flagstar as a company. We choose to be engaged in our work and committed to helping each other, seeing challenges as inspirations rather than obstacles. We're compelled to do things right the first time-offering the same level of service we expect and appreciate in return.

Trust

We know our customers want substance-not lip service. We're committed to building a culture of mutual respect and transparency where our personal ethics, the caliber of our work, and the integrity we strive to uphold are without compromise.

Accountability

It's imperative that we live up to the commitments we make-to our work, to our customers, to each other. When we give our word, we commit ourselves to taking action. Standing behind what we say and do isn't an option; it's a way of life. And we'll always look for ways to improve what's in place today and plan for tomorrow.

Results

Like any business, the bottom line is important. But we'd rather measure our success by how those numbers are achieved. We can never lose sight of the part we play in our customers' and employees' daily lives, the impact we make in our communities, and the obligations we have to every one of our investors.

Core Corporate Competencies

Compliance

Adhere to all REGULATORY AND COMPLIANCE issues linked to the job and the team and understand how these issues help the bank achieve the vision of remaining an independent bank.

Staff member is expected to consistently adhere to regulatory and compliance policies and standards linked to their job as listed. Staff member will not repeatedly act in a manner signifying intentional or willful noncompliance, nor exhibit gross negligence or a general disregard for compliance and regulatory standards. Staff member must ensure compliance with applicable federal, state and local laws and regulations. Staff member must complete all required compliance training on a timely basis. Staff member will maintain knowledge of and adhere to Flagstar's internal compliance policies and procedures. Staff member must take responsibility to keep up to date with changing regulations and policies.

Collaboration

Understands the importance or relationships to enable effective teamwork. Modifies personal style, focuses on the needs of others, and listens effectively to ensure effective outcomes for group endeavors.

Results Focus

Takes a dynamic approach to work characterized by initiating decisions and actions. Concentrates on achieving the outcomes of a process or project while adhering to the overall strategy of the organization. Creates a culture of accountability and performance.

Work Ethic

Demonstrates attribut es of ethical behaviors, high personal standards, and sound work ethic all employers should expect of employees. Consistently treats others with respect and understanding. Responds in a timely manner to all customers and co-workers.

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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