Years of Experience
For those with one to four years of experience, median paychecks reach $45K per year. The greater proportion of employees (37 percent) report five to nine years of experience and bring home median pay of $67K annually.
Banking Branch Managers are awarded the highest paychecks, with average compensation nearing about $55K per year; Assistant VPs of Mortgage Lending are next on the list, bringing in close to around $54K annually.
Certifications and Degrees
Being a Certified Information Systems Auditor certainly has its perks — salaries approach $81K per year and far exceed the paychecks of those without certification. Becoming a Direct Endorsement Certification can certainly pay off here; those folks make approximately $66K on average. It pays to have a Master of Business Administration (MBA), Finance at Flagstar Bank — these employees make the most at about $68K annually.
In this position, it pays to have Compliance in your toolkit; employees who claim proficiency enjoy a higher median salary of approximately $113K per year. Mortgage Loans is regularly seen around here; approximately one in eight of those surveyed report it as a core competency. Employees also tend to round out their skills sets with Oracle, Customer Service, and Banking.
Benefits and Perks
Benefits include paid time off, but Flagstar Bank hands out more vacation days than sick days; over one-half of workers report receiving the former, but only an eighth of respondents report receiving the latter. Flagstar Bank sponsors a 401(k) program, and almost all workers use this option to save for their retirement. Perks cover health insurance for a strong majority of workers and dental coverage for a solid majority of survey participants. Employees can also look forward to life insurance, flexible hours, gym membership, and stock options.