Flagstar Bank is seeking a Managing Director in FX Sales to lead their foreign exchange sales business with various clients. The role focuses on generating revenue, managing key client relationships, and working with trading teams to develop FX hedging and trading solutions.
Responsibilities:
- Manage and grow relationships with key client verticals, including Corporate, Specialized Industries, Private-Client and Small Business
- 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
- 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
- Ensure adherence to regulatory requirements and internal risk controls
- Maintain strong controls around client onboarding, conduct, and sales practices
Requirements:
- 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