Divisional Chief Financial Officer

: Position Title Divisional Chief Financial Officer 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. 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. 165,621.11-223,588.49-281,558.88 Pay Range: Local Minimum Wage - $0.00 - $0.00 Job Responsibilities:

• Collaborate with business and executive leadership on forward-looking scenario analysis, alternate strategy evaluation, and ad hoc analyses
• Directing and coaching a dedicated team of finance and business intelligence professionals
• Prepare regular forecast updates liaising between corporate and business forecast process needs
• Collaborate with business leadership and IT to drive strategic vision, and develop budget and monthly forecasts for LOB(s)
• Design and deliver financial and performance analytics in various forums (e.g., ALCO, BUR, Strategic Project Approval and Review Committee, New Product Committee, etc.)
• Lead and oversee build of account and/or relationship level profitability models along product, customer, and delivery channel dimensions
• 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.

Required Qualifications:

• Education level required: Undergraduate Degree (4 years or equivalent) in Finance, Accounting, or related.
• Minimum experience required: 10+ Years in banking with at least 5 years spent leading a Mortgage/Banking Finance, Treasury/ALM or Capital Markets function

Preferred Qualifications:

• Education level preferred: Master's Degree (or Postgraduate equivalent) in Finance, Accounting, or related

Job Competencies:

• Proven history of serving as an analytically-minded thought leader and implementing best practices in a Banking environment
• Dynamic leader with strong communication skills with the ability to partner with business and executive leadership
• Skilled at thought-leadership bringing ideas, innovation and process improvement strategy with a business growth focus
• Extensive experience with planning and budgeting processes
• Strong analytical capabilities and exceptional financial modeling and analysis skills
• Excellent collaborative and leadership skills
• Outstanding communications skills, oral and written. Direct and credible.
• Ability to build partnerships to facilitate clear communication and quick decisive action
• Sound understanding of accounting principles
• Excellent computer skills, specifically Microsoft Office.
• Prior experience with financial management and reporting systems (e.g. PeopleSoft, Hyperion, Workday)
• Travel Requirements: limited, up to 10%
• Physical demands (ADA): No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, or national origin.