Position Title

Associate Group Director - VP

 

Location

New York, NY 10018

 

Job Summary

The Associate Group Director will be responsible for building and maintaining strong client relationships for the Private Bank by providing personalized banking products and services.

This role will have an expected base salary between $117k-193k, plus participation in our annual bonus plans. Exact pay rate will be determined by individual qualifications and geographic location.

 

Job Responsibilities:

New Client Acquisition

Assists Group Director in developing opportunities with bank targeted Commercial and High Net Worth prospects through customer referrals, COI referrals, Networking, and other sourcesMaintains regular contact with an active list of prospective clients.Responsible for ensuring new clients in their respective region fall within the bank’s risk protocol and framework

Client Management

Determines customers’ financial needs and presents needs-based solutionsUses 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 appropriateResponsible for ensuring team members are operating within the bank’s risk protocol and framework Regularly meets with top clients to ensure customer satisfaction & understand/assess for incremental needs. 

People Management / Leadership

As applicable, responsible for talent management functions including employment, performance evaluations, staff development/training, disciplinary actions, succession planning and ensuring staff comply with compliance & 1LoD requirements.Opens and services accounts in accordance with policies, ensures compliance with bank secrecy act, and other regulatory function.Uses independent judgement and discretion to make decisionsResponsible for achieving growth targets as assigned by the manager.

ADDITIONAL ACCOUNTABILITIES

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.

JOB REQUIREMENTS

Required Qualifications:

Education level preferred: College, Vocational or Associates Degree (2 years') or high school diploma or equivalent with relevant work experience.Minimum experience required: 5+ Years in banking with a focus on relationship management & business development.Proficiency in Microsoft Office (Word, Excel, PowerPoint, etc.)

Preferred Qualifications:

Education level required: Undergraduate Degree (4 years or equivalent) with a major of Accounting, Economics, Finance, or Business Management.Formal Credit Training

Job Competencies:

Strong knowledge of financial products/services, including lending and cash managementSales & Relationship ManagementCustomer ServiceCommunicationsOrganizational SkillsLocal travel to visit clients and prospects required. Ability to make independent decisions balancing riskPhysical demands (ADA): No unusual physical exertion is involved

Flagstar is an Equal Opportunity Employer

Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank