HimalayasHimalayas logo
Flagstar BankFB

Quantitative Financial Analyst III - Treasury

Flagstar Bank is a major commercial bank in the United States, providing a comprehensive suite of banking services while emphasizing community engagement.

Flagstar Bank

Employee count: 5000+

Salary: 82k-126k USD

United States only

Stay safe on Himalayas

Never send money to companies. Jobs on Himalayas will never require payment from applicants.

Position Title

Quantitative Financial Analyst III - Treasury

Location

Nationwide, MI 48098

Job Summary

The Quantitative Financial Analyst III is a key member of the Treasury team, advancing Flagstar’s understanding of its customers, balance sheet, and risk exposures. The Quantitative Financial Analyst III uses advanced quantitative and technical skills to produce insightful reporting, analysis, and recommendations that enables sound and profitable risk management and strategic decisions. The Quantitative Financial Analyst III may have assignments related to interest rate risk measurement and management, liquidity risk measurement and management, asset valuation, asset profitability analysis, loan and deposit product pricing, and hedging portfolio performance analysis.

Job Responsibilities:

JOB 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.
  • 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 trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.

Required Qualifications:

  • Education level required: ​Undergraduate Degree (4 years or equivalent)​ in Finance, Mathematics, Economics, Engineering (Computer, Systems, Electronics, Electrical), or similar.
  • Minimum experience required: ​3+ Years​ mastery of quantitative fixed income and financial concepts, programming and financial modeling, bank balance sheet modeling or risk management.

Preferred Qualifications:

  • Education level preferred: ​Master's Degree (or Postgraduate equivalent)​ in Finance, Mathematics, Economics, Engineering, or similar.

Job Competencies:

  • 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 Requirements: None
  • 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

$81,961.50 - $126,301.00

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.

About the job

Apply before

Posted on

Job type

Full Time

Experience level

Salary

Salary: 82k-126k USD

Education

Bachelor degree

Experience

3 years minimum

Experience accepted in place of education

Location requirements

Hiring timezones

United States +/- 0 hours

About Flagstar Bank

Learn more about Flagstar Bank and their company culture.

View company profile

Flagstar Bank is an American commercial bank headquartered in Troy, Michigan. A wholly owned subsidiary of Flagstar Financial, Flagstar is one of the largest residential mortgage servicers in the United States, and ranked among the largest banks in the United States prior to its acquisition in 2022. Founded in 1987, the bank offers a wide range of services including personal, commercial, and private banking solutions. Their mission is to provide tailored financial services to meet the unique needs of their customers.

The bank has a commitment to community development and often engages in programs to enhance economic growth in the areas they serve. Recently, Flagstar announced a $10 million economic development program aimed at revitalizing Pontiac, Michigan, which highlights their long-standing dedication to community engagement. Partnerships with local organizations and initiatives demonstrate their commitment to securing a sustainable and prosperous financial future for all customers.

Claim this profileFlagstar Bank logoFB

Flagstar Bank

View company profile

Similar remote jobs

Here are other jobs you might want to apply for.

View all remote jobs

15 remote jobs at Flagstar Bank

Explore the variety of open remote roles at Flagstar Bank, offering flexible work options across multiple disciplines and skill levels.

View all jobs at Flagstar Bank

Remote companies like Flagstar Bank

Find your next opportunity by exploring profiles of companies that are similar to Flagstar Bank. Compare culture, benefits, and job openings on Himalayas.

View all companies

Find your dream job

Sign up now and join over 100,000 remote workers who receive personalized job alerts, curated job matches, and more for free!

Sign up
Himalayas profile for an example user named Frankie Sullivan