[Skip to main content](#main-content) [OpenNash Jobs](https://jobs.opennash.com/) [Hiring report](/reports/hiring/) · [All Flagstar Bank jobs](https://jobs.opennash.com/companies/flagstar-bank/) · [Search jobs](/search/) Flagstar Bank · Work From Home United States # Credit Risk Quantitative Model Analyst Sr Work From Home United States Remote Senior individual contributor $91,068.75 - $160,740.00 Finance & Accounting Listed on Flagstar Bank’s official careers site. Posted September 19, 2026. Check that it is still open and apply there. [Apply on Flagstar Bank’s careers site →](https://flagstar.wd5.myworkdayjobs.com/flagstar/job/Work-From-Home-United-States/Credit-Risk-Quantitative-Model-Analyst-Sr_21362) [OpenNash Jobs](https://jobs.opennash.com/) / [Flagstar Bank](https://jobs.opennash.com/companies/flagstar-bank/) / Credit Risk Quantitative Model Analyst Sr ## Job description Position Title Credit Risk Quantitative Model Analyst Sr Location Nationwide, MI 48098 ### Job Summary The Senior Credit Risk Quantitative Model Analyst supports the Credit Risk Administration Team with the development, testing, implementation, monitoring, documentation, and maintenance of all credit risk rating models. Responsibilities include sourcing, cleaning, and transforming data; researching applicable methods; training and testing a variety of specifications; documenting all facets of the development process; implementation of models and related logic in production systems; assessing outputs across different levels of inputs (sensitivity analysis and scenario analysis); back-testing and ongoing performance monitoring; and, communicating aspects of the model and its application to non-technical stakeholders. ### JOB RESPONSIBILITIES Develop and apply 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. Derive model assumptions that are well reasoned and supportable. Monitor the performance and calibration of existing models. Implement models in code in a transparent and easily maintainable way within loan origination applications. Comprehensively and clearly document 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. ### 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) A Bachelor’s degree in a quantitative field with additional certifications or experience. ### Minimum experience required 6+ Years of model development, model performance monitoring or validation experience, particularly in credit risk. Experience with at least one of the following software packages: R, SAS, SQL, Python. ### Preferred Qualifications Education level preferred: Master's Degree (or Postgraduate equivalent) Master’s degree in Statistics, Econometrics, Mathematics or related quantitative field. Experience with commercial dual risk rating frameworks, especially in PD/LGD/EAD modeling approaches 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. 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). ### Job Competencies Strong analytical and critical thinking skills with high attention to detail and accuracy. Excellent verbal, written, and interpersonal communication skills Ability to clearly articulate, in writing or orally, ideas, analytic insights, and recommendations to both technical and non-technical audiences, including an executive audience. An ability to identify key problems, conduct in-depth research, and articulate well-reasoned solutions. Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results. Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience. Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders. Travel is not required for this role. ### Physical demands (ADA) No unusual physical exertion is involved. Flagstar is an Equal Opportunity Employer 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. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. ### Please click the following link for detailed information Benefits | Flagstar Bank Pay Range $91,068.75 - $160,740.00 Qualified applicants with arrest or conviction records will be considered for employment in accordance with the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, and the San Francisco Fair Chance Ordinance, as appliable. ## At a glance - Posted by the employer: Sep 19, 2026 - First seen by OpenNash: Oct 11, 2026 - Last checked: Oct 18, 2026 - Listed for: 29 days - Location: Work From Home United States - Work arrangement: Remote - Pay: $91,068.75 - $160,740.00[Apply on Flagstar Bank’s careers site →](https://flagstar.wd5.myworkdayjobs.com/flagstar/job/Work-From-Home-United-States/Credit-Risk-Quantitative-Model-Analyst-Sr_21362) ## More jobs at Flagstar Bank ### [Business Banking - Portfolio Manager I](https://jobs.opennash.com/companies/flagstar-bank/jobs/2cb85d102237e39a26a4/) Work From Home United States ### [Capital Planning & Stress Testing Program Manager - Treasury](https://jobs.opennash.com/companies/flagstar-bank/jobs/d2d2b667953bba40b44c/) Work From Home United States ### [Credit Products Specialist II - Power & Renewables](https://jobs.opennash.com/companies/flagstar-bank/jobs/7751918ede0edcf16765/) Work From Home United States ### [Relationship Manager - Fiduciary Banking/Specialty Deposits](https://jobs.opennash.com/companies/flagstar-bank/jobs/50a0065dafef6b160398/) Work From Home United States ### [Relationship Manager Sr - Fiduciary Banking/Specialty Deposits](https://jobs.opennash.com/companies/flagstar-bank/jobs/67391a9276fdbdce9c47/) Work From Home United States ## Similar jobs at other companies ### [Quant Model Risk Analyst/Associate - Counterparty Credit Risk](https://jobs.opennash.com/companies/jpmorganchase/jobs/1369a5a25854e383a7b9/) JPMorganChase · Bengaluru, Karnataka, India ### [Senior Credit Risk Model Developer position in Credit Risk Modelling](https://jobs.opennash.com/companies/unicredit/jobs/a911edea530762c64947/) UniCredit ### [Quantitative Analyst in Credit Risk Model Validation | SEB, Vilnius](https://jobs.opennash.com/companies/seb-ab/jobs/38920ebe675fc69eb7ba/) SEB AB · Vilnius ### [Experienced Quantitative Analyst in Credit Risk Model Validation](https://jobs.opennash.com/companies/danske-bank/jobs/1dc13aae6a2bff802a0c/) Danske Bank · Vilnius, Lithuania ### [Credit Risk Management Department – Quantitative Analytics – Model Team AVP](https://jobs.opennash.com/companies/bank-of-china/jobs/9814ba816079ecdf20b6/) Bank of China OpenNash lists jobs from employers’ own careers sites and does not handle applications. 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