Divisional CFO - CRE - Banking Industry
Flagstar Bank • New York, New York • Full Time
Posted on Tue, May 19, 2026
Position Title
Divisional CFO - CRE - Banking IndustryLocation
New York, NY 10018Job 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:
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.
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
Performs special projects, and additional duties and responsibilities as .
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
Education level : Undergraduate Degree (4 years or equivalent) in Finance, Accounting, or related.
Minimum experience : 12+ Years in banking with at least 5 years spent leading a Mortgage/Banking Finance, Treasury or Capital Markets function.
Preferred Qualifications:
Education level preferred: Master's Degree (or Postgraduate equivalent) in Finance, Accounting, or related.
Job Competencies:
Comprehensive understanding of accounting principles.
Extensive experience with planning and budgeting processes.
Proven history of serving as an analytically-minded thought leader.
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.
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.
Excellent computer skills, specifically Microsoft Office.
Prior experience with financial management and reporting systems (e.g. PeopleSoft, Hyperion, Workday).
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.
Travel Requirements: limited, up to 10%.
Physical demands (ADA): No unusual physical exertion is involved.
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