Jobs · Business Development · New York

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

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