Position Title
Divisional CFO - CRE - Banking Industry
Location
New York, NY 10018
Job Summary
This key senior leadership position leads the Finance and MIS functions within one of Flagstar’s Lines of Business (LOB)- CRE. Leads a team of dedicated finance and business intelligence professionals who engage with the President of the LOB and their senior leadership team on the strategic direction of the LOB and play an active role in leading the business while liaising with the Executive Team. This role is accountable for building and continuing improvement of internally crafted driver-based forecasting, revenue and capacity models to provide deeper insight into efficiency, costs, profitability and accountability through the LOB and support strategic and tactical decision making.
Responsible for ensuring the consistent measurement of business performance which is faithful to how corporate performance is measured and fully loaded to align business direction with corporate profitability. The Divisional CFO leverages a deep understanding of the business, regulatory rules, and finance to create recommendations to optimize LOB’s business plans, and regularly deliver insightful, impactful and actionable analysis to LOB Senior Management and operational leadership. This individual will provide effective challenge to the business’ plans, initiatives and activities. The Divisional CFO will support IT and the LOB in the development and execution of its data architecture strategy. Monthly and Quarterly tasks include the production of a LOB forecast, financial reporting and variance analyses, operational reporting and support. Responsible for recruiting, coaching/developing and managing a high performing team.
Job Responsibilities:
Design and deliver financial and performance analytics in various forums (e.g., ALCO, BUR, Strategic Project Approval and Review Committee, New Product Committee, etc.).
Responsible for talent management functions including: employment, performance evaluations, staff development/training, disciplinary actions, succession planning and ensuring all staff comply with compliance requirements.
ADDITIONAL ACCOUNTABILITIES
Preferred Qualifications:
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.
Flagstar is an Equal Opportunity Employer
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
$153,962.25 - $272,700.00
