Capital Planning & Stress Testing Program Manager

Position Title Capital Planning & Stress Testing Program Manager Location Nationwide, MI 48098 Job Summary 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, and preparing reports for senior management and regulators. The manager ensures that capital planning is effective, meets governance standards, and supports strategic decisions. This role exists to ensure the bank’s capital planning exercises are executed efficiently, meet regulatory expectations, and support sound strategic decision-making. Job Responsibilities: JOB RESPONSIBILITIES Program Leadership & Plan Coordination: Leads the bank’s stress testing program, coordinating input from multiple departments to collect and integrate all necessary data and materials. Maintains and updates key capital planning documents (e.g., capital plan narrative, policies, contingency plans) to ensure the stress testing process is cohesive and aligned with business objectives. Scenario Design & Challenge Oversight: Leads internal stress test scenarios informed by the bank’s idiosyncratic risks (Risk ID inventory) and evaluates capital adequacy under adverse conditions. Manages review/challenge sessions on forecasted results (e.g., PPNR, credit losses), addressing key assumptions and limitations through sensitivity analysis and appropriate overlays. Reporting & Regulatory Submission: Prepares and submits regulatory stress testing reports and the final capital plan document, ensuring accuracy and timeliness. Produces clear summaries of stress test results and recommended capital actions for senior management and Board review and performs ad-hoc capital analyses (such as peer comparisons) to support decision-making. Quality Assurance & Compliance: Ensures the consistency and reliability of stress test results through strong quality controls and data governance. Maintains an inventory of critical capital planning data elements, working with Data Governance to resolve data issues, and verifies adherence to internal risk management standards. Supports and addresses any findings from regulatory, risk, or internal audits and ensures continuous compliance with all relevant policies and regulatory requirements throughout the stress testing cycle. Proactively manage examination requests, company resources, program risks, and required deliverables, as well as the day-to-day planning and resource allocation.  Responsible for talent management functions including: employment, performance evaluations, staff development/training, disciplinary actions, succession planning and ensuring all staff comply…