Quantitative Financial Analyst III - Treasury

About the Role

The Quantitative Financial Analyst III will have the opportunity to work on a wide range of assignments, including interest rate risk measurement and management, liquidity risk measurement and management, asset valuation, and hedging portfolio performance analysis. This role requires a strong understanding of quantitative finance concepts, as well as excellent analytical, communication, and project management skills.

The Treasury team at Flagstar Bank is committed to innovation and customer satisfaction, and the Quantitative Financial Analyst III will play a critical role in driving business growth and profitability. The company's commitment to staying ahead of the curve in terms of financial technology and risk management makes this an exciting time to join the team.

What You Will Do

• Develop and maintain quantitative financial models used in risk measurement, income simulations, balance sheet management, or asset valuations
• Analyze model output, synthesizing information and communicating conclusions and recommendations to senior managers, executives, and the Board
• Test established models, including back-testing, benchmarking, sensitivity testing, and scenario analysis
• Develop automated solutions to simplify challenging and repetitive processes
• Use independent judgment and discretion to make decisions and resolve problems
• Perform special projects and additional duties and responsibilities as required
• Consistently adhere to regulatory and compliance policies and standards linked to the job
• Maintain compliance with applicable federal, state, and local laws and regulations
• Collaborate with cross-functional teams to drive business growth and profitability
• Stay up-to-date with industry trends and developments in quantitative finance and risk management

What We Are Looking For

• Undergraduate degree (or equivalent) in Finance, Mathematics, Economics, Engineering, or a similar field
• Minimum 3+ years of experience in quantitative finance, with mastery of quantitative fixed income and financial concepts, programming, and financial modeling
• Strong analytical, written, and oral communication skills, with advanced interpersonal relations skills
• Excellent project management skills, with the ability to work cooperatively and prioritize tasks in a fast-paced environment
• Solid understanding of statistics and quantitative methods
• Experience with object-oriented and/or relational database programming
• Strong understanding of finance concepts, including fixed income securities and analytics
• Ability to work effectively in a team-oriented environment and build strong relationships with stakeholders

Nice to Have

• Master's degree (or postgraduate equivalent) in Finance, Mathematics, Economics, Engineering, or a similar field
• Experience with cloud-based platforms and technologies
• Certification in a relevant area, such as CFA or FRM
• Experience with machine learning or artificial intelligence applications in finance
• Knowledge of regulatory requirements and compliance standards in the banking industry

Benefits and Perks

• Competitive salary and benefits package
• Opportunity to work with a leading bank and contribute to business growth and profitability
• Collaborative and dynamic work environment with a focus on innovation and customer satisfaction
• Professional development and training opportunities to enhance skills and knowledge
• Flexible work arrangements, including remote work options
• Access to cutting-edge technology and tools
• Recognition and reward for outstanding performance and contributions
• Comprehensive health and wellness programs
• Generous paid time off and holiday entitlement

• Develop a strong understanding of quantitative finance concepts, including risk management and financial modeling, to stand out in the application process.
• Highlight your experience with programming languages, such as Python or R, and your ability to develop automated solutions to complex problems.
• Be prepared to discuss your experience with financial modeling and analysis, including your understanding of fixed income securities and analytics.
• Showcase your excellent communication and interpersonal skills, with the ability to present complex data insights to senior stakeholders.
• Research the company's commitment to innovation and customer satisfaction, and be prepared to discuss how your skills and experience align with these values.
• Consider obtaining relevant certifications, such as CFA or FRM, to demonstrate your expertise and commitment to the field.
• Be prepared to discuss your experience with regulatory requirements and compliance standards in the banking industry, and your ability to maintain compliance in a fast-paced environment.