[Hiring] Capital Planning & Stress Testing Program Manager @Flagstar Bank

Role Description

The Capital Planning & Stress Testing Program Manager leads Flagstar’s stress testing and capital planning processes, reporting to the Director of Capital Planning & Stress Testing. This role coordinates cross-functional teams to execute stress test plans, ensure regulatory compliance, and align with capital management policies. Responsibilities include:

• Developing and integrating stress testing processes.
• Overseeing documentation.
• Guiding scenario design.
• Preparing reports for senior management and regulators.
• Ensuring effective capital planning that meets governance standards and supports strategic decisions.

Qualifications

• Undergraduate Degree (4 years or equivalent) in Finance, Economics, Business, Mathematics or a related field (or equivalent work experience).
• 6+ years experience in financial risk management, capital planning, or stress testing.
• Knowledge of regulatory capital requirements and stress testing frameworks (e.g., DFAST/CCAR, Basel III).
• Proficiency in financial modeling and scenario analysis; advanced Excel skills.
• Proven ability to lead cross-functional projects or teams.
• Excellent written and verbal communication skills.
• High attention to detail and accuracy.
• Strong analytical problem-solving skills.

Requirements

• Master's Degree (or Postgraduate equivalent) in Finance, Business Administration (MBA), Economics, or a related field or professional certification (CFA, FRM) preferred.
• Experience working at a bank subject to regulatory stress testing (e.g., DFAST/CCAR submissions).
• Familiarity with data governance and model risk management practices related to capital planning.
• Exposure to liquidity risk or resolution planning.
• Familiarity with data analysis tools or statistical modeling.

Benefits

• Medical, dental, vision, life, and disability insurance.
• Comprehensive leave program.
• Variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment.

Company Description

Flagstar is an Equal Opportunity Employer - Vets/Disabled. We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law.

Pay Range: $108,095.25 - $181,144.00