Senior Credit Risk Quant Model Analyst (Remote)

Flagstar Bank; Michigan; On-site; USD 91,000 - 161,000; Full time

Benefits offered by this job

Medical, dental, vision

Life insurance

Disability insurance

Paid leave

Job summary

Flagstar Bank is seeking a Senior Credit Risk Quantitative Model Analyst to support development, testing, implementation, and monitoring of credit risk rating models. You will source and transform data, document processes, and ensure robust model governance for regulatory needs.

Ideal candidates bring 6+ years in model development or validation, strong programming skills (R/SAS/SQL/Python), and experience communicating complex analytics to non-technical audiences.

Qualifications

• Bachelor’s degree in a quantitative field required; Master’s preferred.
• 6+ years in model development, performance monitoring, or validation in credit risk.
• Experience with R, SAS, SQL or Python.

Responsibilities

• Develop and apply mathematical or statistical methods to create credit risk rating models.
• Monitor performance and calibration of existing models; back-test where applicable.
• Implement models in production loan origination systems; document processes clearly.
• Support model validation, audits, and regulatory reviews; interact with stakeholders.

Skills

R

SAS

SQL

Python

Analytical thinking

Communication

Education

Bachelor's degree in quantitative field

Master's degree in Statistics/Econometrics/Mathematics

Tools

nCino

Job description

Flagstar Bank is seeking a Senior Credit Risk Quantitative Model Analyst to support development, testing, implementation, and monitoring of credit risk rating models. You will source and transform data, document processes, and ensure robust model governance for regulatory needs.

Ideal candidates bring 6+ years in model development or validation, strong programming skills (R/SAS/SQL/Python), and experience communicating complex analytics to non-technical audiences.