Flagstar Bancorp

  www.flagstar.com
  www.flagstar.com

Flagstar Bancorp Jobs & Careers


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30+ days ago

Compliance Analyst - New Product Development

Flagstar Bank Troy, MI

The Compliance Analyst will be responsible for ensuring that all disclosures, statements and documents are compliant with Flagstar’s standards. The… Glassdoor


30+ days ago

Subservicing Relationship Manager I

Flagstar Bank Troy, MI

This position is responsible for Managing subservicing relationship for sold Mortgage Servicing Rights (MSR) portfolio working cross functionally… Glassdoor


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Flagstar Bancorp Reviews

141 Reviews
2.5
141 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Flagstar Bancorp President & CEO Alessandro P. DiNello
Alessandro P. DiNello
46 Ratings
  1. 1 person found this helpful  

    Has been moving backwards for the last 6 years. No progress in IT or product

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Executive
    Former Employee - Account Executive

    I worked at Flagstar Bancorp full-time (more than 10 years)

    Pros

    Never had a paycheck bounce, payroll taxes were always paid, and benefits were OK, though getting worse.

    Cons

    Was laid off from a 100% commission position, in a declining market. That's pretty much unheard of and indicative of how this management team is really just in over their heads. I think there have been 4 CEO's since 2008, which again is unheard of. The banks profits come from the mortgage business and unfortunately this bank is the wrong size. Too big to be customer friendly and too small to play with the big boys. The wholesale sales team is now being run by three people, all of which were over promoted to just be regional managers, now they get a chance to mismanage the whole division. I'm glad to be gone.

    Advice to ManagementAdvice

    Listen to the rank and file, your managers are perfect examples of the Peter Principle, and will drag the whole thing down. The best advice is SELL while you can

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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