Sr Director-Commercial Real Estate jobs in United States
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Flagstar Bank · 2 months ago

Sr Director-Commercial Real Estate

Flagstar Bank is a financial institution seeking a Sr Director-Commercial Real Estate to manage a team focused on new business development and portfolio management. The role involves cultivating client relationships, ensuring credit quality, and driving revenue generation while overseeing team performance and strategic planning.

BankingFinanceFinancial Services

Responsibilities

Infuses the team’s network of clients and centers of influence with fresh prospects at any time in order to expand opportunities
Serves as an escalation point for any and all client relationships, addressing any issues and removing obstacles to ensure a smooth and beneficial transaction
Personally, manages client relationships as needed or deemed necessary
Assists team with generating revenue, deposit gathering and fee production
Works with product partners on cross-sell efforts to deepen relationships and improve profitability
Monitors and coaches performance of team members, ensuring that relationships are created and maintained, taking appropriate action to ensure goals are achieved (including sourcing deals personally if needed)
Takes corrective actions if goals are not being achieved and leverages expertise and knowledge to develop an outstanding team
Attracts, develops and coaches a successful sales team
Responsible for hiring, training, development, and handling of salary administration, performance reviews, and employee relations issues
Partners with Commercial Banking management to create a strategic plan for the assigned commercial group
Establishes key performance indicators (KPIs) and metrics to measure success
Creates action plans to ensure the achievement of the plan including setting and tracking individualized goals for each team member in regards to production and revenue, and forecasting results for management based on existing pipelines
Monitors industry trends, market dynamics and competitive landscape to identify opportunities for growth
Collaborates with product teams to develop and enhance commercial banking products and services to meet the evolving needs of clients
Ensures the team is pro-actively monitoring the credit quality of their portfolios through timely financial statement gathering, monitoring client’s compliance with ongoing required reporting and properly analyzing financial information
Partners with the credit team to recommend and take appropriate corrective actions as needed
Responsible for talent management functions including: employment, performance evaluations, staff development/training, disciplinary actions, succession planning and ensuring all staff comply with compliance requirements
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

Qualification

Commercial real estate experienceCommercial lending experienceCredit analysis skillsRegulatory compliance knowledgeFinancial analysis knowledgeRelationship management skillsCustomer service skillsNegotiation skillsInterpersonal communication skills

Required

Education level required: High School / High School Equivalency (GED, HiSET, TASC) / Foreign Equivalent
Minimum experience required: 15+ Years in commercial real estate and/or commercial lending (either production or credit roles)

Preferred

Education level preferred: Undergraduate Degree (4 years or equivalent). Master's Degree (or Postgraduate equivalent)
Formal credit training

Benefits

Medical
Dental
Vision
Life
Disability insurance
Comprehensive leave program

Company

Flagstar Bank

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Thank you for visiting Flagstar Bank, N.A. on LinkedIn, and we look forward to being part of your financial journey.

Funding

Current Stage
Public Company
Total Funding
unknown
2021-04-26Acquired
2001-07-12IPO

Leadership Team

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Gregg Christenson
Executive Vice President and CFO for Community Banking
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Randal Turner
Chief Financial Officer, Loan Servicing and Shared Services
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Company data provided by crunchbase