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Flagstar Bank N.A

Financial Risk Analyst

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What they do

A Financial Analyst evaluates investment opportunities and makes recommendations to individuals and businesses. Analyzes the performance of different types of investments, studies business and economic trends and analyzes data to project company earnings

$89,668 / year median in New York

-13% projected decline

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Job Description

Position Title Financial Risk Analyst Location Hicksville, NY 11801 Job Summary The Financial Risk Analyst is a detail-oriented individual to support our Independent Risk Function overseeing Liquidity Risk, Interest Rate Risk, and Capital Stress Testing within the Risk Management Division. Responsible to focus on reporting and data analytics, while also providing quantitative assessment support, and ensuring independent oversight of the organization's investment portfolio analytics. The role also involves operationalizing and maintaining the Issue Management Process using the Archer platform to support risk governance and compliance.
Job Responsibilities:
JOB RESPONSIBILITIES
Data Analytics and Reporting:
Support the preparation and delivery of detailed risk reports, focusing on liquidity, interest rate, and capital risk metrics. Analyze and visualize large datasets to identify trends, potential vulnerabilities, and actionable insights. Ensure accuracy and timeliness of reports submitted to senior management and regulators.
Quantitative Risk Assessments:
Assist in conducting scenario analysis and stress testing for liquidity, interest rate, and capital risks. Collaborate with portfolio managers to evaluate risk-adjusted performance metrics for investment portfolios. Support risk assessment and provide insights to enhance operational accuracy and reliability.
Issue Management Process:
Operationalize and maintain the Independent Risk Function's Issue Management Process using Archer. Track, escalate, and resolve identified issues, ensuring alignment with organizational policies and regulatory standards. Streamline workflows to improve the efficiency of issue tracking and reporting within Archer.
Collaboration and Oversight:
Work closely with first line, second line, and third line units to ensure cohesive risk governance. Support audit and regulatory review processes by providing clear and accurate documentation. Stay up-to-date on risks practices to enhance skills.
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.
JOB REQUIREMENTS
Required Qualifications:
Education level required: Undergraduate Degree (4 years or equivalent) in Finance, Economics, Data Analytics, Risk Management, or related field.
Minimum experience required:
1+ Years experience in financial risk, data analysis, or a similar role.
Preferred Qualifications:
Education level preferred: Master's Degree (or Postgraduate equivalent) in Finance, Economics, Data Analytics, Risk Management, or related field.
Job Competencies:
Familiarity with liquidity, interest rate, and capital risk principles. Strong analytical skills with proficiency in data visualization tools (e.g., Statistical Analysis, Data Visualization, Machine Learning, Big Data Tools). Strong quantitative skills with proficiency in analytical tools (e.g., Python, R, MATLAB, SQL, Tableau). Detail-oriented mindset with the ability to manage multiple tasks and meet deadlines. Excellent communication skills to present complex data to diverse 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 $58,630.50 - $105,267.00