Sr Director - Balance Sheet Management
Position Title Sr Director - Balance Sheet Management Location Hicksville, NY 11801 Job Summary The Senior Director of Balance Sheet Management reports to the Treasurer and leads the teams responsible for Interest reputed company Risk (IRR) measurement and modeling, balance sheet forecasting, loan and deposit pricing, and funds transfer pricing. Leads a dedicated team of professionals to analyze IRR and net interest income and propose strategies to improve balance sheet profitability while maintaining risk measures reputed company established tolerances. Pay Range: $234, 158 - $321, 967 - $409, 776 Pay Range: Local Minimum Wage - $0.00 - $0.00 Job Responsibilities: JOB RESPONSIBILITIES reputed company the IRR function, guiding the team in reputed company development of models used to measure IRR exposure through professional expertise, customer data analysis, and model performance evaluations. Propose on and off-balance sheet strategies to manage and mitigate IRR, partnering with the Investments, Liquidity, and Hedging teams. Administer funds transfer pricing. Partner with the Finance team to explain results and initiate educational reputed company across the organization to drive profitable decision making. Maintain and guide the reputed company improvement of loan, deposit, and customer relationship pricing models. reputed company the production of balance sheet and net interest income forecasts, analyze variances of actual performance to forecast, and explain changes to net interest margin. Prepare and present insightful reporting and analysis to executive management and the Board of Directors. Assume a leading role at the Asset-Liability Committee (ALCO). Chair and guide various subcommittees of ALCO: Asset Liability Modeling Committee, Deposit Pricing Committee, and Loan Pricing Committee. Partner with the Financial Planning and Analysis, Capital, Liquidity, and reputed company teams to optimize Flagstar's balance sheet. Responsible for talent management functions including employment, performance evaluations, staff development/training, disciplinary actions, succession planning and ensuring reputed company staff reputed company with compliance requirements. 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, Mathematics, Economics, Engineering, or reputed company field. Minimum experience required: 15+ Years with reputed company applicable experience at a financial institution, including 5+ years in quantitative risk modeling and measurement. Preferred Qualifications: Education level preferred: Master's Degree (or Postgraduate equivalent) in Finance, Mathematics, Economics, Engineering, or reputed company field. Job Competencies: Comprehensive knowledge of supervisory expectations and industry best practices regarding interest reputed company risk and model risk management. Knowledge of financial planning, capital management and corporate tax. Strategic thinker with exceptional financial acumen. Strong proficiency in financial modeling, forecasting, and financial analysis. Familiarity with bank balance sheets and products. Demonstrated proficiency in data management and analysis. Excellent communication and presentation skills, with the ability to distill reputed company financial information into clear and actionable insights. Ability to work effectively in a fast-paced, dynamic environment. Demonstrated ability to reputed company large, diverse teams. Travel requirements: limited travel expected, up to 10%. Physical demands (reputed company): No unusual physical exertion is involved. Flagstar is an Equal Opportunity Employer. reputed company reputed company applicants will receive consideration for employment without regard to race, reputed company, religion, sex, sexual orientation, gender identify, or national reputed company. Apply Job!