Head of Technology Banking page is loadedHead of Technology Banking

Location:

Palo Alto, CA 94301Job Summary:The Head of Technology is responsible for building and leading a team of bankers that will grow the technology vertical for the bank. This team will cover all facets of the industry including venture backed, private equity owned, pre-IPO, and publicly traded technology companies. The Head of Technology will be responsible for the management of a team who focuses on new business development, portfolio management, credit quality, and overall relationship management of their assigned portfolio of customers. Ensures the generation of revenue by cultivating account relationships and ensuring strong credit quality thresholds are met. Responds to escalated, complex or challenging relationships/transactions.Pay Range:

$234,158 - $321,967 - $409,777Job Responsibilities:Relationship Management/Revenue Generation:

Infuses the team’s network of clients and centers of influence with fresh prospects to expand opportunities. Serves as an escalation point for any and all client relationships, addressing issues and removing obstacles to ensure smooth transactions. Manages client relationships as needed and assists the team with generating revenue, deposit gathering, and fee production.

Management of the Team:

Monitors and coaches performance of team members, ensuring relationships are created and maintained. Takes corrective actions if goals are not achieved and leverages expertise to develop an outstanding team. Responsible for hiring, training, development, and handling of salary administration, performance reviews, and employee relations issues.

Strategic Planning:

Partners with senior management to create a strategic plan for the assigned technology group. Establishes key performance indicators (KPIs) and metrics to measure success. Creates action plans to ensure achievement of the plan, including setting and tracking individualized goals for each team member.

Credit Quality:

Partners with the credit products team to ensure proactive monitoring of credit quality through timely financial statement gathering and compliance with reporting requirements.

Performs special projects and additional duties as required.

Consistently adheres to regulatory and compliance policies and standards linked to the job and completes required compliance trainings.

Required Qualifications:Education level required: Undergraduate Degree (4 years or equivalent).

Minimum experience required: 15+ Years in commercial banking, investment banking, or leveraged finance.

Fully immersed in the technology ecosystem with strong existing industry relationships.

Education level preferred: Master's Degree (or Postgraduate equivalent).

Strong relationship management and business development skills.

Knowledge of regulatory compliance requirements.

Knowledge of financial analysis; very strong credit analysis skills.

Strong negotiation skills.

Ability to stay abreast of industry trends and regulations.

Excellent interpersonal and communication skills.

Excellent customer service and community relations skills.

Travel up to 50% of the time.

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 identity, or national origin.About Us

Who We Are:

Flagstar Bank is a diversified consumer and commercial bank grounded in building relationships to meet clients where they are on their financial journeys.Our History:

Our parent company, New York Community Bancorp, Inc., is based in Hicksville, NY, and has $116.3 billion in assets, $85.6 billion in loans, $81.4 billion in deposits, and $10.8 billion in total stockholder equity. We are a leading regional bank with 420 banking branches, 134 private client banking teams, wholesale lending via approximately 3,000 third-party originators, retail mortgage lending, multifamily lending, mortgage servicing, and subservicing.What We Do:

We are driven by our commitment to partner with our clients to set and reach goals together, helping them to take charge and thrive.

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