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Flagstar Bank

Financial Analyst

Flagstar Bank, Hicksville, New York, us, 11815


Position Title

Financial AnalystLocation

NYCB Plaza -102 (Hicksville, NY)Job Summary

The Financial Analyst is responsible for financial reporting and analysis, report development, and communicating with business line leadership regarding financial performance and forecasting. This includes financial reporting for actual results, forecast, budget and performance analysis for a specific line of business. This position works closely with senior business leaders and others in the business units and within finance to contribute to the long term growth, development and profitability of the broader organization.Pay Range: $47,500.00 - $67,500.00 - $87,500.00Job Responsibilities:Developing and maintaining regularly scheduled reports for the business units. Ensuring information is accurate and distributed on time. This includes creating reports with and using various software tools such as Hyperion, MS Excel, and MS Access.Assisting with production forecasts and assumptions to keep management updated on current trends each week. In addition, coordination of bottoms up forecasting from leadership on a monthly basis.Analysis of current production volume & margins, concentrations, and comparing to desired thresholds or market data. This is important since management relies on analysis to spot opportunities and threats. Comparison to peers and industry is powerful information which drives better discussions for the business.Supporting divisional CFO team with ad hoc requests for the business. Complete on time and addressing any questions or modifications.Compliance:

Staff member is expected to consistently adhere to regulatory and compliance policies and standards linked to their job as listed. Staff member will not repeatedly act in a manner signifying intentional or willful noncompliance, nor exhibit gross negligence or a general disregard for compliance and regulatory standards. Staff member must ensure compliance with applicable federal, state and local laws and regulations. Staff member must complete all required compliance training on a timely basis. Staff member will maintain knowledge of and adhere to Flagstar’s internal compliance policies and procedures. Staff member must take responsibility to keep up to date with changing regulations and policies.COMPETENCIESCore Corporate CompetenciesCompliance:

Ensures compliance with applicable federal, state and local laws and regulations. Completes all required compliance training. Maintains knowledge of and adhere to Flagstar’s internal compliance policies and procedures. Takes responsibility to keep up to date with changing regulations and policies.Collaboration:

Understands the importance of relationships to enable effective teamwork. Modifies personal style, focuses on the needs of others, and listens effectively to ensure effective outcomes for group endeavors.Results Focus:

Takes a dynamic approach to work characterized by initiating decisions and actions. Concentrates on achieving the outcomes of a process or project while adhering to the overall strategy of the organization. Creates a culture of accountability and performance.Work Ethic:

Demonstrates attributes of ethical behaviors, high personal standards, and sound work ethic all employers should expect of employees. Consistently treats others with respect and understanding. Responds in a timely manner to all customers and co-workers.LEVEL OF EDUCATION / EXPERIENCE / KNOWLEDGE:Bachelors Degree or Masters DegreeField of Study:

Bachelor’s degree in Accounting, Finance, Economics, or Statistics preferredProfessional Certification(s) / License(s): Preferred or Required3+ years of relevant experience preferred. Prior mortgage or banking experience preferred.SKILLS:Advanced knowledge of MS Excel and MS Word required. Knowledge of MS Access a plus.Intermediate knowledge of report automation techniques such as using VBA.Intermediate knowledge of Oracle BI Dashboards and BI Answers.Strong communication skills – both verbal and written.Ability to work effectively in a changing work environment.Team player in a dynamic work environment.CAREER PATH:

Finance, IT, Capital Markets, Sales, Treasury, Risk Management

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