Flagstar Bank

Relationship Manager

Flagstar Bank$101K — $173K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • High School diploma or equivalent required.
  • Minimum 3 years of relevant experience in banking or financial services.
  • Strong knowledge of financial products and services, particularly lending and cash management.
  • Detail-oriented with a focus on client needs.
  • Effective communication skills for building and maintaining relationships.

Responsibilities

  • Develops and expands client relationships to drive sales and meet client needs.
  • Oversees account management processes, including account openings and communications.
  • Provides ongoing service to maintain relationships and identify additional business opportunities.
  • Analyzes and responds to client inquiries and problems, coordinating with other departments as necessary.
  • Assists in resolving credit and delinquent payment issues with back office staff.
  • Supports the Group Director in acquiring targeted new client relationships.
  • Reviews and investigates various reports for possible fraud and significant changes.

Benefits

  • Access to medical, dental, and vision insurance.
  • Life and disability insurance provided.
  • Comprehensive leave programs available.
  • Opportunities for bonuses and commissions based on performance.
Full Job Description
Position Title
Relationship Manager

Location
Woodmere, NY 11598

Job Summary
The Relationship Manager will be responsible for prospecting, building, on-boarding and maintaining banking relationships with bank clients. This role is key to driving business growth for the Private Banking Group by providing personalized banking services to financial institution customers.

Job Responsibilities:

JOB RESPONSIBILITIES
  • Develops and expands existing relationships including sales efforts; engages key Product Partners as appropriate in delivering the full breadth of the bank to satisfy clients needs.
  • Oversees all aspects of account management, including new account opening, follow-up, communications, maintenance.
  • Provides ongoing relationship servicing with current clients to maintain goodwill and gain additional business; Handles sensitive client relationships and larger client needs.
  • Analyzes problems; answers inquires for a client; researches and responds accordingly; may coordinate with other departments as needed.
  • Coordinates and assists back office personnel in resolving credit problems, delinquent payment issues, and other related affairs.
  • Assists Group Director in the development and execution in acquiring targeted new to bank relationships.
  • Reviews various reports including check fraud, significant activity, significant change, large deposit, detailed transaction report and month-end reports; investigate & approve when needed.


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 required: High School / High School Equivalency (GED, HiSET, TASC) / Foreign Equivalent .
  • Minimum experience required: 3+ Years


Job Competencies:
  • Strong knowledge of financial products/services, including lending and cash.
  • Detail oriented.
  • Client-focused.
  • Team Player.
  • 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.
  • Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.
  • 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.


We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. 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

Pay Range
$101,770.50 - $173,468.00

About Flagstar Bank

Flagstar Bank is a bank headquartered in Troy, Michigan. It is the primary subsidiary of Flagstar Bancorp, Inc., a bank holding company. It is one of the largest residential mortgage servicers and is on the list of largest banks in the United States. Flagstar Bank operates branches in Michigan, Indiana, California, Wisconsin, and Ohio. Flagstar Bank was founded in 1987 as a federal savings bank. In 1993, it became a federal savings bank and changed its name to Flagstar Bank. The bank offers a range of banking and lending products to consumers, small businesses, and commercial clients. Flagstar Bancorp, Inc. is publicly traded on the New York Stock Exchange under the ticker symbol FBC.
Learn more about Flagstar Bank
Size
496 employees
Market Cap
$207.6 million
Industry
Net Income
$83.2 million
Founded
1987
5 Year Trend
+14.2%
NASDAQ

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