Credit Losses Analyst Sr

Job Summary

The Senior Allowance for Credit Losses Analyst utilizes strong analytical skills and supports the quarterly production of the company’s allowance for credit losses (“ACL”) for the loan and lease portfolio. Collaborates with various stakeholders and performs complex analyses to support the development of expected credit losses, following the established methodology and maintaining documentation supporting conclusions.

• Execute quarterly production of the allowance for credit losses, independently managing assigned workflow, in accordance with established methodology and SOX framework.
• Analyze key drivers of changes in the ACL, including rate/volume, economic forecast, and credit mix, solutioning unintuitive drivers.
• Collaborate with Credit function and other key stakeholders to propose, develop and document qualitative adjustments.
• Develop and/or maintain supporting ACL documentation, including working group materials, quarterly governance materials, ad-hoc documentation and analyses, and financial disclosures and regulatory reports.
• Support communication of results and other ACL related matters to internal and external stakeholders.
• Support execution of internal strategic initiatives for effective implementation into ACL Program.
• Maintains knowledge of relevant accounting standards and regulatory guidance related to Current Expected Credit Losses, as well as credit risk factors impacting the loan and lease portfolio.
• Uses independent judgement and discretion to make decisions.
• Analyzes and resolves problems.
• 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.
• Travel < 15%.
• Physical demands (ADA):
  No unusual physical exertion is involved.

Education level required:
Undergraduate Degree (4 years or equivalent).

Minimum experience required: 4+ Years in credit risk management, accounting, or related experience.

Proficient in Python.

Knowledge of CECL (Current Expected Credit Loss).

Experience in mid-size and large financial institutions.

Experience with Alteryx platform.

• Knowledge of financial analysis and financial forecasting.
• Working knowledge of data querying languages and software.
• Strong analytical and quantitative skills.
• Excellent writing skills.
• Excellent communication and presentation skills.
• Proven ability to independently manage assigned workflows, collaborate with various individuals, and deliver on commitments.
• 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.

Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law.

Pay Range $69,292.50 - $

Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program.

Flagstar is an Equal Opportunity Employer

We are committed to providing clear and accurate compensation information in accordance with applicable laws.

Flagstar Bank, N.A. is based in Hicksville, NY, and at December 31, 2025, had $87.5 billion in assets, $60.7 billion in loans, $66 billion in deposits, and $8.1 billion in total stockholder equity. We are a leading regional bank with approximately 340 locations, and strong footholds in the greater New York/New Jersey metropolitan region and in the upper Midwest, along with a significant presence in fast-growing markets in Florida and the West Coast.

We are driven by our commitment to partner with our clients to set and reach goals together, helping them to take charge and thrive. Our focus is on four core lines of business that include Personal, Private, Small Business and Corporate & Commercial Banking.

If you need assistance completing your employment application or if you would like to request a reasonable accommodation, please contact our team at

Equal Opportunity Employer For more Information:  Member FDIC/Equal Housing Lender