Flagstar Bank · 1 day ago
Group Manager - Middle Market (Chicago, IL)
Flagstar Bank is a financial institution seeking a Group Manager for their Middle Market division. The role involves building and leading a team focused on new business development, portfolio management, and relationship management, specifically targeting clients in the Chicago area.
BankingFinanceFinancial Services
Responsibilities
Strategic Planning: Partnering with regional leadership to create a strategic plan for the Commercial Group and creating 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
Management of the Team: Monitoring and coaching 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), while taking corrective actions if goals are not being achieved and leveraging expertise and knowledge to develop an outstanding team. Attracting, developing and coaching a successful sales team. Responsible for hiring, training, development, and handling of salary administration, performance reviews, and employee relations issues
Relationship Management/Revenue Generation: Ability to infuse 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. Assist team with generating revenue, deposit gathering and fee production. Work with product partners on cross-sell efforts to deepen relationships and improve profitability
Credit Quality: Ensuring 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. Partnering with the credit team to recommend and take appropriate corrective actions as needed
Qualification
Required
High School Diploma or equivalent
15+ years of experience in commercial lending (either production or credit roles)
Excellent interpersonal and verbal and written communication skills
Knowledge of regulatory compliance requirements
Ability to stay abreast of industry trends, as well as legislation and regulations that impact the business
Strong negotiation skills
Knowledge of financial analysis; credit analysis skills
Strong relationship management and business development/sales skills
Excellent customer service and community relations skills
Adhere to all regulatory and compliance issues linked to the job and the team
Ensure compliance with applicable federal, state and local laws and regulations
Complete all required compliance training on a timely basis
Maintain knowledge of and adhere to Flagstar's internal compliance policies and procedures
Take responsibility to keep up to date with changing regulations and policies
Preferred
Bachelor's degree
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.
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
Recent News
2025-11-12
2025-11-07
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