Position Title
Capital Markets - FX Managing Director, Head of SalesLocation
Nationwide, MI 48098Job Summary
Managing Director in FX Sales leads the bank’s foreign exchange sales business with corporate, private-client and specialized industry clients. The role focuses on generating revenue, managing key client relationships, working with trading teams to develop FX hedging and trading solutions.Pay Range: $199,760 - $315,133Pay Range: Local Minimum Wage - $0.00 - $0.00
Job Responsibilities:
Client Relationship Management
- Manage and grow relationships with key client verticals, including Corporate, Specialized Industries, Private-Client and Small Business
Business Development
- Identify new business opportunities and expand the client base
- Coordinate with trading desk to structure fx solutions tailored to client hedging and investment needs
- Coordinate with banking and capital market teams for fx cross-selling
Market Strategy
- Monitor global currency markets and macroeconomic trends
- Provide insights to clients on fx market movements and hedging strategies
- Work closely with fx trading desk to align pricing and market positioning
- Work closely with fx trading desk for banker training on fx markets and products
Risk & Compliance
- Ensure adherence to regulatory requirements and internal risk controls
- Maintain strong controls around client onboarding, conduct, and sales practices
- Key Products Covered: Fx spot, Electronic trading products (steaming and RFQ), Fx Forwards, Straight-date, Windows, Non-Deliverable Forwards (NDF), Fx Options, Fx Swaps, Structured Fx Solutions & Client Currency Accounts (Vostros)
Required Qualifications:
- Required Education: Bachelor’s Degree, or higher
- 12+ years of experience in foreign exchange markets
- Experience at major global or regional banks
- Institutional sales expertise
- Relationship management
- Market analysis and macro understanding
- 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.
Flagstar is an Equal Opportunity Employer
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
Qualified applicants with arrest or conviction records will be considered for employment in accordance with the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, and the San Francisco Fair Chance Ordinance, as appliable.
Flagstar Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Flagstar Bank and has not been reviewed or approved by Flagstar Bank.
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Leave & Time Off Breadth — Time‑off programs include accrued PTO that scales with tenure, separate sick time, company holidays plus a floating day, and a paid community involvement day. Paid parental bonding leave of six weeks is available after a year of service.
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Healthcare Strength — Coverage includes multiple medical plan choices (Cigna OAP options and Kaiser for CA/HI) with preventive medications at no cost and integrated pharmacy benefits. Dental through Delta Dental and two VSP vision plans provide additional coverage choice.
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Retirement Support — A 401(k) plan with a company match supports long‑term savings. Employer‑paid life/AD&D and disability coverage complement retirement planning.
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What We Do
Thank you for visiting Flagstar Bank on LinkedIn, and we look forward to being part of your financial journey. On December 1, 2022, New York Community Bank (NYCB) and Flagstar Bank joined together to become one company. Today, New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The company is headquartered in Hicksville, New York. At June 30, 2024, the company had assets of $119.1 billion. We operate over 400 branches across 10 states, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and on the West Coast. Flagstar Mortgage operates nationally through a wholesale network of approximately 3,000 third-party mortgage originators. We believe in cultivating a diverse, inclusive, and respectful workplace that engages employees, broadens perspectives, and encourages teamwork. We hire people who represent the talents, experiences, backgrounds, and diversity of the communities we serve. Together our goal is to deliver a new energy in banking to our customers, opening new doors for financial and personal success. Customers will have access to a broad spectrum of technology, products and services—all with a shared customer-first approach. Relationships are at the center of all that we do, enhanced by our commitment to delivering local market expertise, personalized solutions, and a long-standing focus on strengthening our communities. Follow us on LinkedIn to stay up to date on news and updates, new hires, community initiatives, access to our collective insights, and banking industry updates that you need to know.
