Years of Experience
Workers who have been with the company for more than one year but less than five can make $48K per year on average. Overall, the greater share of Flagstar Bank folks have five to nine years of experience and earn an average $67K annually.
Mortgage Loan Underwriters rake in the most money, with average earnings of about $60K per year; Assistant VPs of Mortgage Lending come in second with median earnings amounting to around $54K annually.
Certifications and Degrees
Being a Certified Information Systems Auditor certainly has its perks — salaries approach approximately $81K per year and far exceed the paychecks of those without certification. Earning a Direct Endorsement Certification certification garners significant financial rewards of $66K annually on average. It pays to have a Master of Business Administration (MBA), Finance at Flagstar Bank — these employees make the most at approximately $69K per year.
The highest-paying skill to have may be Compliance; employees who claim proficiency also report a higher average salary of $113K annually. A common skill in Flagstar Bank's work force is Mortgage Loans; approximately one in seven of survey participants report using it on the job. Other skills in demand are Microsoft Office, Oracle, and Banking.
Benefits and Perks
43 percent receive paid vacation, and only one in ten respondents get sick leave. Nearly all workers contribute to 401(k) savings accounts sponsored by the firm. A large number of workers have health insurance, and benefits for a strong majority of employees also include dental insurance. Advantages of working here also include life insurance, flexible hours, a casual working environment, and gym membership.