Analyst – Interest Rate and Commodity Derivatives
Flagstar Bank
full-time
Posted on:
Location Type: Office
Location: New York City • New York • United States
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Salary
💰 $74,993 - $113,625 per year
About the role
- Supports structuring, pricing, execution, and risk management of interest rate and commodity hedging solutions
- Monitor interest rate markets, prepare daily and weekly market updates
- Build working knowledge of derivatives including interest rates and commodities
- Support senior sales by running pricing models and preparing client-ready materials
- Coordinate end-to-end trade execution with sales, trading, and operations teams
- Assist with counterparty credit exposure tracking and ensure adherence to internal controls and policies
- Work with Relationship Managers to prepare client materials and identify hedging needs
Requirements
- High School Diploma or Equivalent required
- Bachelor’s degree in Finance, Economics, or related field, preferred
- Strong quantitative skills with proficiency in Excel (pivot tables, financial modeling)
- Understanding of financial markets, fixed-income products, commodities, or derivatives concepts (coursework or internship experience a plus)
- Excellent analytical, organizational, and problem-solving skills
- Curiosity, attention to detail, and ability to work efficiently in a fast-paced environment
- Experience from internships in sales & trading, energy risk, corporate treasury, or commercial banking, preferred
- Basic knowledge of hedge accounting (ASC 815), ISDA documentation, or credit processes, preferred.
Benefits
- medical insurance
- dental insurance
- vision insurance
- life insurance
- disability insurance
- comprehensive leave program
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
financial modelingExcelpricing modelsderivativeshedge accountingfixed-income productscommoditiesquantitative skillsrisk managementcounterparty credit exposure tracking
Soft Skills
analytical skillsorganizational skillsproblem-solving skillsattention to detailcuriosityability to work efficientlycommunication skillsteam coordinationclient relationship managementadaptability