Job Closed
This listing is no longer active.
Flagstar Bank N.A. was acquired by New York Community Bancorp, Inc., the holding company for Flagstar Bank N.A.
Credit Risk Quantitative Model Manager
Location
Michigan
Posted
165 days ago
Salary
0
Seniority
Lead
Job Description
Credit Risk Quantitative Model Manager
Flagstar Bank
• Support the Credit Risk Administration Team with hiring and managing a team of quantitative model analysts responsible for the development, testing, implementation, monitoring, documentation, and maintenance of all credit risk rating models. • Lead teams in development and application of mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data sets from multiple sources to develop credit risk rating models or other credit risk-related initiatives. • Lead team in implementation of models in code in a transparent and easily maintainable way within loan origination applications. • Lead team in documentation of all modeling or analysis work that meets internal, GAAP, and regulatory requirements; translate model theory and related results for non-quantitative audiences. • Develop and support strong controls for the model implementation framework and maintain related documentation. • Support independent model validation process, internal and external audits, and regulatory reviews. • Interact with model users, validators, and regulators to address model issues and remediation actions. • Interact with key stakeholder groups such as Accounting, Treasury, Credit, Lines of Business, Model Risk Management, and Enterprise Technology in the design, development, and ongoing usage of models. • Lead the team in establishing and executing a robust model performance monitoring process for credit risk rating models. • Responsible for talent management functions including: employment, performance evaluations, staff development/training, disciplinary actions, succession planning and ensuring all staff comply with compliance requirements.
Job Requirements
- 7+ Years of model development and/or validation experience, particularly in credit risk.
- Experience with at least one of the following software packages: R, SAS, SQL, Python.
- Experience developing credit risk models and programing user interfaces.
- Experience with nCino implementation of risk rating models and financial spreading process.
- Working knowledge of Generally Accepted Accounting Principles (GAAP), Basel III, Dodd-Frank Act Stress Testing, CCAR, and bank accounting/regulatory reporting requirements.
- Knowledge and familiarity with key aspects of model risk management and model validation, including SR-11-7 guidance on model risk management.
- Ability to use advanced statistical and mathematical software to perform descriptive, predictive, and prescriptive analysis leveraging a variety of statistical techniques (such as segmentation, logistic regression, sensitivity analysis, and machine learning).
- Experience managing a team of quantitative model analysts.
Benefits
- medical, dental, vision, life, and disability insurance
- comprehensive leave program
Related Guides
Related Categories
Related Job Pages
More Manager Jobs
• Examine construction contract documents and ensure continuous compliance with the contract and relevant laws • Evaluate contractors' requests to award (RTA) to subcontractors, provide recommendations to the project management team for review, and monitor buyout savings • During the monthly review of the pay application, ensure that contractors' schedule of values aligns with the contract, verify the required monthly documentation, reconcile the project budget as needed, and inform the project management teams • Initiate purchase orders for vendors and ensure invoices comply with the agreed terms • Obtain detailed monthly cash flow projections from the contractor, reconcile projections with actual figures, and provide these projections to the capital and investment teams • Evaluate potential change order events by thoroughly reviewing contract documents and relevant cost information and offer well-informed recommendations to project management teams including substantiating claim positions • Maintain a log of potential change orders and their approximate costs, track approved change orders, manage the internal approval process for change orders according to the delegation of authority, and ensure review by the legal department as necessary • Support the finance team with the monthly loan draw process as required, including acquiring any necessary documentation from the contractor or its subcontractors • Conduct weekly and biweekly meetings with external construction managers, internal project management teams, and consultants to review pay applications, required documentation, and change order status • Ensure that all teams adhere to the specified review timelines • Manage third party change management or cost auditing teams that are assigned to the project • Mentor and support growth of internal Cost Engineers
VDC Manager
DPR ConstructionDPR Construction is a unique technical builder with a passion for results.
• Lead development, implementation and support of all VDC processes • Responsible for strategic tactical deployment of VDC initiatives and VDC technology platform(s) / solutions • Review any risk or value for the organization by analysing requirements, contract, and evaluation documents • Applies risk management principles to VDC opportunities and projects to identify and mitigate risks • Provide management and support services by monitoring performance against Project Execution Plans, Client and project needs, and instituting remedial actions when required • Establish and maintain relationships with internal and external clients that facilitate effective and efficient VDC processes • Provide leadership to regional/local department heads in a fashion that supports the company’s culture, mission and values • Management of local Project VDC Managers & Engineers • The creation of KPI’s and metrics to evaluate and determine value, impact, ROI of established VDC initiatives
• Provides strategic leadership and governance for inventory management across all physical locations (shops, mobile trucks, storage containers). • Owns analytics, compliance, and process standardization for key inventory metrics: turns, obsolescence, non-stock vs. stock mix, write-offs, time-to-repair, and balance sheet impact. • Partners with technology teams (e.g. CAPTG, CADS) and Business Intelligence to leverage systems like NextWorkd and Karmak for advanced reporting and automation. • Ensures cycle count compliance, min/max settings, and best practices (cores, returns, barcoding, bin locations) are implemented and sustained across the network. • Develop and maintain dashboards for inventory turns, obsolescence %, write-offs, non-stock ratio, and working capital impact. • Develops inventory level strategies and turn health metrics, implements remediation plans, and owns the audit SOP and compliance process. • Partner with Finance on inventory valuation and balance sheet reporting; provide insights for quarterly reviews. • Analyze time-to-repair delays linked to parts availability and recommend corrective actions. • Own cycle count process and compliance across all locations (shops, mobile trucks, containers); publish compliance scorecards. • Leads cycle count variance reporting, reconciliation, and audit readiness efforts to ensure inventory accuracy and operational integrity. • Directly responsible for reducing company-wide parts inventory loss & write-offs, build and enforce write-off approval workflows; ensure audit-ready documentation. • Standardize inventory handling processes to include offboarding & onboarding of mobile technicians, cores, returns, bin location logic, barcoding, and container setup. • Develop training content for inventory processes; conduct audits and workshops at sites. • Ensure storage container setup meets safety, security, and efficiency standards. • Serve as business owner for inventory modules in NextWorld and Karmak; define requirements for enhancements. • Collaborate with IT and analytics teams (CAPTG, CADS) to automate reporting and predictive analytics. • Own min/max parameter governance; review and adjust based on demand patterns and service-level targets. • Connect closely with Procurement & Purchasing to receive input, ensure following procurement strategies, and ensure proper awareness across teams. • Validate suggested ordering logic for new and existing sites; monitor compliance to stocking policies.
Regional IoT Manager
AstreyaAstreya provides IT support services with a special focus on increasing productivity and employee satisfaction for its business clients. The company was founded in 2001 with a visi
• Own and manage the end-to-end implementation, enhancement, and lifecycle of IoT-based Smart Building Solutions within the region. • Ensure all technical operations are supported by the Regional Technical Lead and meet standards for performance, security, and compliance. • Lead vendor and project management activities, including RFP development, Scope of Work creation, ROM estimation, and milestone tracking. • Oversee vendor performance, enforce SLAs, and manage escalations to ensure timely and compliant delivery. • Direct daily IoT operations, including telemetry monitoring, device health, and remote maintenance activities. • Conduct and oversee site audits, service ticket reviews, and corrective action implementation. • Ensure Azure IoT and related platform support is aligned with regional needs and global standards. • Maintain full accountability for compliance with Data Privacy and regional regulatory requirements. • Manage and maintain accurate documentation for all regional IoT systems, including SOPs, KB articles, and escalation protocols. • Oversee supplier onboarding and ensure documentation aligns with procurement and governance standards. • Serve as the primary regional point of contact for integrators and suppliers, managing feedback loops and driving continuous improvement. • Coordinate with regional stakeholders and the SDS Global Team to ensure consistent solution delivery and alignment. • Prepare and deliver monthly performance and escalation reports, and track service metrics and project KPIs. • Lead contributions to global knowledge-sharing initiatives and documentation repositories.




