Check Operations Assistant Manager
Flagstar Bank
New York, NY
Position Title
Check Operations Assistant ManagerLocation
New York, NY 10018Job Summary
The Assistant Manager – Check Operations supports the Check Operations Manager in overseeing the daily functions of check processing. This role ensures operational accuracy, regulatory compliance, and effective team coordination. The Assistant Manager plays a key role in maintaining workflow efficiency, supporting vendor interactions, and mentoring staff to uphold service standards and risk controls.Pay Range: $80,000 - $90,000
Pay Range: Local Minimum Wage - $0.00 - $0.00
Job Responsibilities:
- Operations Support: Assist in managing daily check processing activities including system configuration, file handling, overdraft resolution, and reconciliation of department and general ledger accounts.
- Team Supervision and Training: Provide day-to-day guidance to staff, support training efforts, and ensure adherence to bank policies and procedures. Promote a culture of accountability and continuous improvement.
- Compliance and Risk Monitoring: Support compliance with regulatory requirements such as Reg CC, SOX, and OFAC. Participate in risk assessments and ensure timely resolution of compliance-related issues.
- Vendor Coordination: Assist in managing vendor relationships, including performance tracking, issue resolution, and coordination of system upgrades or service changes.
- Customer and Issue Resolution: Respond to escalated issues related to check processing, including incoming returns, return deposited items and file discrepancies. Ensure timely and accurate resolution by coordinating with internal teams.
- Budget and Reporting Support: Assist in monitoring departmental expenses and preparing operational reports to support budget planning and performance tracking.
- Responsible for talent management functions including: employment, performance evaluations, staff development/training, disciplinary actions, succession planning and ensuring all staff comply with compliance requirements.
ADDITIONAL ACCOUNTABILITIES
- Performs special projects, and additional duties and responsibilities as required.
- Maintain current knowledge of check processing regulations and industry trends.
- Complete required compliance training and support a culture of regulatory adherence.
JOB REQUIREMENTS
Required Qualifications:
- Education level required: High School / High School Equivalency (GED, HiSET, TASC) / Foreign Equivalent
- Minimum experience required: 4+ Years
- Familiarity with consumer banking regulations including Reg CC, Reg E, and OFAC
- Experience with reconciliation and check processing systems
Preferred Qualifications:
- Education level preferred: College, Vocational or Associates Degree (2 years or equivalent) in business, finance or a related field
- Prior experience in a supervisory or team lead role
- Experience working with external vendors or service providers
Job Competencies:
- Strong organizational and time management skills
- Excellent verbal and written communication abilities
- Proficiency in Microsoft Office applications
- Ability to recognize and resolve operational issues efficiently
- Leadership skills with the ability to coach and support team members
- Physical demands (ADA): No unusual physical exertion is involved.
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
About the Company
Flagstar Bank
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..