Group Director - Senior Vice President
Flagstar Bank · New York, NY · 1 wk ago
Business Development$140k–$316k/yrFull-time
Job Responsibilities
- Leads team in developing opportunities with bank targeted Commercial and High Net Worth prospects through customer referrals, COI referrals, Networking, and other sources.
- Ensures new clients in their respective region fall within the bank’s risk protocol and framework.
- Determines customers’ financial needs and presents needs-based solutions.
- Uses independent judgement and discretion to make decisions on customer related matters within one’s authority.
- Escalates matters to Senior Management that are outside the authority of the role.
- Effectively partner with key product partners to bring the full strength of Flagstar Commercial & Private Bank to clients and prospects as appropriate.
- Responsible for ensuring team members are operating within the bank’s risk protocol and framework.
- Uses independent judgement and discretion to make decisions.
- Identifies, assesses, monitors, controls, reports, and mitigates risk in accordance with the Risk Governance Framework, in the context of their specific accountabilities.
- People Management / Leadership
- Responsible for talent management functions including employment, performance evaluations, staff development/training, disciplinary actions, succession planning and ensuring all staff comply with compliance & 1LoD requirements.
- Support staff members in new client acquisition, structuring loans, pricing, deepening relationships.
Job Requirements
- Education level required: College, Vocational or Associates Degree (2 years or equivalent)
- Minimum experience required: 10+ Years in banking with a focus on relationship management & business development.
- Preferred Qualifications: Education level required: Undergraduate Degree (4 years or equivalent) with a major of Accounting, Economics, Finance, or Business Management.
- Credit Training
Required Qualifications:
- Strong knowledge of financial products/services, including lending and cash management
- People Leadership, Coaching & Motivation
- Sales & Relationship Management
- Customer Service
- Communications
- Organizational Skills
Preferred Qualifications:
- Ability to make independent decisions balancing risk
- 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.
- Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.
Physical demands (ADA): No unusual physical exertion is involved.
Flagstar is an Equal Opportunity Employer