Capital Planning & Stress Testing Program Lead

Position Title

Capital Planning & Stress Testing Program Lead

Location

Nationwide, MI 48098

Job Summary

JOB SUMMARY

The Capital Planning & Stress Testing Lead supports Flagstar’s stress testing program through providing quantitative and analytical support. This includes working with other finance and lines of business partners to execute complex balance sheet stress tests and analyzing risk model outputs. This role uses advanced software (e.g., QRM, Hyperion) to simulate various scenarios affecting the bank’s loans, investments, deposits, and capital levels. By ensuring data accuracy, tool integrity, and insightful analysis of results, the lead aggregates and executes enterprise-wide capital stress and provides management with results and attribution analysis. The position plays a key part in Flagstar’s financial risk management by supporting the quantitative execution of the stress testing program and related capital requirements.

99, 731.70 - 132,144.50 -164,557.30Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

JOB RESPONSIBILITIES

• Execute Stress Tests & Analyze Results: Run enterprise-wide balance sheet stress testing scenarios using the bank’s tools. Prepare model inputs based on defined scenarios (interest rate shocks, economic downturns, etc.), execute stress tests, and analyze outcomes. Review results for accuracy and coherence, identifying trends in key metrics (e.g., net interest income, capital ratios) under stress conditions.

• Data Validation & Quality Control: Validate the accuracy of data feeds and assumptions used in tools. Perform rigorous quality checks on outputs, confirming that projections and calculations are reasonable and align with expected patterns. Investigate any anomalies or unexpected results; troubleshoot issues throughout the stress testing process and communicate findings to the Program Manager in a timely manner. Ensure corrections are made and test reruns if necessary to guarantee reliable results.

• Reporting Support & Documentation: Prepare and organize stress test results for reporting. Draft narrative summaries, charts, and tables that clearly explain stress test outcomes and their implications for the balance sheet. Contribute to the assembly of the regulatory capital plan and internal risk reports by providing well-documented analysis and backup data. Maintain up-to-date documentation of stress testing methodologies, model assumptions, and result validation, supporting audit and regulatory review processes.

• Tool Development & Enhancement: Participate in ongoing improvements to stress testing tools and stress testing processes. Work on calibration and testing when new tool features or scenarios are introduced. Provide feedback on model performance and assist in implementing enhancements or new analytic tools (for example, testing a new QRM module or refining an Excel-based report). Help ensure the ALM stress testing framework adapts to evolving best practices and regulatory expectations.

• Cross-Functional Collaboration: Work with partner departments (e.g., Treasury, Finance, Risk Management, Business units) to gather input data and assumptions for stress tests. For instance, coordinate with business units to obtain prepayment speeds, deposit attrition rates, or credit loss estimates required for scenario analyses. Support ad-hoc quantitative risk analysis projects and respond to inquiries about stress test results. Through effective collaboration and communication, ensure that stress testing is well-coordinated across all participating groups and that stakeholders remain informed of key findings and issues.

• Uses independent judgment and discretion to make decisions in conducting analyses and addressing challenges, under the general guidance of the Program Manager.

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, Mathematics, Statistics, Business Administration or a related field, or equivalent work experience.

• Minimum experience required: 6+ Years experience in financial risk management, asset-liability management, treasury analytics, or related financial analysis in a banking environment.

• Experience with balance sheet analysis or stress testing processes and a track record of working with financial models and large datasets.

• Technical Skills: Advanced proficiency in Microsoft Excel and other MS Office applications (able to build and manipulate complex spreadsheets, use pivot tables, etc.). Familiarity with ALM software (such as QRM, Bancware, or similar tools) and the ability to learn new analytical systems quickly. Fundamental understanding of database querying or data manipulation.

Preferred Qualifications:

• Education level preferred: Master's Degree (or Postgraduate equivalent) in Finance, Economics, Quantitative Finance, Business or relevant work experience.

• Analytical Tools: Experience with programming or statistical analysis tools such as Python, SAS, or SQL for data analysis and automation.

• Systems Knowledge: Familiarity with enterprise financial planning or forecasting systems (e.g., Hyperion); direct experience using ALM software like QRM for stress testing and risk analysis.

• Certifications: Professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) are advantageous, demonstrating advanced knowledge in financial risk management and analysis.

Job Competencies:

• Quantitative Analysis: Strong math and analytical skills with the ability to interpret complex financial data and model outputs. Comfortable working with statistical concepts and large data sets to draw meaningful conclusions.

• Financial & Risk Knowledge: Solid understanding of banking and finance principles, including interest rate risk, liquidity risk, and capital management concepts. Knowledge of how various risk factors affect the balance sheet and income statement, and familiarity with regulatory capital and liquidity standards (Basel III, stress testing guidelines, etc.).

• Technical Proficiency: Proficient in Excel and financial modeling. Able to learn and effectively use specialized ALM tools and other software for analysis. Skillful in leveraging technology (databases, possibly Python scripts) to improve efficiency and accuracy of analyses.

• Attention to Detail: Meticulous and detail-oriented in reviewing data and results. Capable of performing thorough validation and testing of model inputs and outputs to ensure accuracy and reliability.

• Communication: Excellent written and verbal communication skills. Able to document methods and results clearly, and explain complex quantitative findings in simple terms to colleagues and senior management. Effective in giving timely updates and raising issues when necessary.

• Collaboration: Strong interpersonal skills with the ability to build and maintain working relationships across departments. Works well in a team setting, contributes to group objectives, and is responsive to feedback and requests from managers and peers.

• Time Management: Proven ability to handle multiple tasks and meet deadlines in a fast-paced environment. Organized and able to prioritize work, especially during peak periods of stress testing when many deliverables overlap. Adaptable to changing priorities and last-minute requirements, maintaining a professional and proactive approach.

• 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.

• Travel requirements: 10% or less

• Physical demands (ADA): No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer

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

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.