Flagstar Bank · 17 hours ago
Retirement Plan Advisor
New York, NY
Full-time
Onsite
Senior Level, Lead/Staff
$157K/yr - $187K/yr
8+ years expFlagstar Bank is a financial institution seeking a Retirement Plan Advisor responsible for acquiring, advising, and servicing employer-sponsored retirement plans. This role involves partnering with plan sponsors to optimize retirement plans, ensuring compliance and delivering strategic guidance to employers and participants.
BankingFinanceFinancial Services
Responsibilities
Serve as the primary advisor to plan sponsors on plan design, investments, fees, and governance
Provide fiduciary guidance under ERISA, including support for 3(21) and/or 3(38) services (as applicable)
Conduct regular plan reviews, benchmarking, and investment performance analysis
Assist clients with plan changes, vendor transitions, and ongoing plan optimization
Establish governance frameworks and operational controls to safeguard client assets and maintain regulatory compliance
Serve as a key advisor to senior management on operational risk, efficiency, and scalability
Build and maintain long-term relationships with plan sponsors, HR leaders, and committees
Lead and document investment committee meetings and fiduciary reviews
Coordinate with recordkeepers, TPAs, custodians, and internal partners
Respond to client inquiries and proactively identify opportunities to enhance plan outcomes
Implement best practices for operational resilience and business continuity planning
Identify and pursue new retirement plan opportunities through referrals, centers of influence, and internal partnerships
Support prospect meetings, proposals, and finalist presentations
Collaborate with wealth management, private banking, and institutional teams to expand client relationships
Deliver group and one-on-one participant education on retirement readiness, investment options, and financial wellness
Support enrollment meetings, re-enrollment initiatives, and planning communication strategies
Assist participants with rollovers, distributions, and retirement planning coordination (as permitted)
Ensure plans remain compliant with ERISA, DOL regulations, and internal risk standards
Maintain accurate documentation, meeting minutes, and client records
Partner with compliance and legal teams to support audits and regulatory inquiries
Perform 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 training. Accountable to maintain compliance with applicable federal, state and local laws and regulations
Qualification
Required
Education level: Undergraduate Degree (4 years or equivalent) in Finance, Business, Economics preferred
Minimum experience required: 8+ Years advising employer-sponsored retirement plans
Securities licenses (Series 7 and 66 or 65), or ability to obtain within required timeframe
Strong working knowledge of ERISA, fiduciary standards, and qualified plans
Strong analytical and presentation abilities
Excellent consultative sales and relationship-building skills
Expertise in operational risk and regulatory compliance
Collaborative mindset with strong communication skills
Strong change management and digital transformation capabilities
High diligence and organizational discipline
Ability to explain complex concepts to non-technical audiences
Ability to translate vision into operational execution
Client-centric mindset with commitment to service excellence
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
Preferred
Professional designations such as AIF®, CPFA®, CFP®, or CFA®
Experience with institutional consulting or retirement platforms
Proven success in client acquisition and relationship management
Familiarity with major recordkeepers and plan service providers
Benefits
Medical
Dental
Vision
Life
Disability insurance
Comprehensive leave program
Company
Flagstar Bank
Thank you for visiting Flagstar Bank, N.A. on LinkedIn, and we look forward to being part of your financial journey.
5001-10000 employees
H1B Sponsorship
Flagstar Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (39)
2024 (42)
2023 (41)
Funding
Current Stage
Public CompanyTotal Funding
unknown2021-04-26Acquired
2001-07-12IPO
Leadership Team
Gregg Christenson
Executive Vice President and CFO for Community Banking
R
Randal Turner
SVP & Chief Financial Officer, Loan Servicing and Shared Services
Recent News
2025-11-12
2025-11-07
Company data provided by crunchbase