F

Flagstar Bank

Regional bank offering diversified financial services

Technology Engineer

Full-TimePosted on 10/22/2026
$67.6k - $113.6k
Mid
Troy, MI, USA
In PersonOccasional travel for team collaboration and datacenter/colocation work.
IT OperationsSystem Administration, Enterprise Applications

About the job

Requirements
  • A high school diploma or equivalent, including GED, HiSET, TASC, or foreign equivalent, is required.
  • At least 4 years of experience managing large-scale technology programs or working in a technology engineering capacity is required.
  • Proficiency with Microsoft and Linux operating systems is required.
  • Proficiency with certificate management is required.
  • A strong understanding of load balancing and networking concepts is required.
  • Strong experience with hypervisors, NAS management, and enterprise backup solutions is required.
  • Working knowledge of disaster recovery execution is required.
  • Familiarity with Ansible and infrastructure automation workflows is required.
  • Understanding of system lifecycle, patching, and end-of-life remediation is required.
  • Awareness of FFIEC, SOX, HIPAA, NIST, or similar compliance frameworks is required.
  • Strong documentation and cross-functional communication skills are required.
  • Experience with hypervisors, Microsoft and Linux systems, NAS, and backup infrastructure is required.
  • Experience overseeing patching, upgrades, and system lifecycle compliance to prevent end-of-life exposure across platforms is required.
  • Experience architecting backup strategies using Commvault and RMAN, and leading disaster recovery exercises and business continuity testing, is required.
  • Experience providing technical leadership in Ansible use for automation, deployment, and consistency is required.
  • Experience ensuring audit readiness and documentation quality aligned with FFIEC and internal compliance policies is required.
  • Experience managing NAS resources, including structure, retention, permissions, replication, and capacity, is required.
  • Experience acting as an escalation point for operating system, virtualization, and backup failures or performance degradation is required.
  • Experience serving as a liaison between infrastructure, application, and security teams for shared projects and incident resolution is required.
  • Experience coordinating system support for database infrastructure and ensuring platform-level availability for SQL and Oracle is required.
  • Technical certifications such as VMware Certified Professional – Data Center Virtualization, Microsoft Certified Professional – Windows Server Hybrid Administrator Associate, Red Hat Certified System Administrator, CompTIA Server+, NetApp Certified Data Administrator, Oracle Database Administrator, Commvault Certified Professional, VMware Certified Professional – Network Virtualization, Ansible Automation Platform Certified Administrator, or Certified Information Systems Auditor are preferred.
  • The role requires occasional standing, sitting, walking, driving, or infrequent lifting.
Responsibilities
  • Manage systems, configurations, and system stability.
  • Oversee backend system administration for hypervisors, NAS, Microsoft systems, certificate management, databases, and Linux operating systems.
  • Set team patching and upgrade schedules to keep systems current and out of end-of-life status.
  • Approve and review Ansible automation workflows, backup and restore processes using Commvault and RMAN, and configuration baselines.
  • Provide final oversight on high-risk platform upgrades and migrations.
  • Own backend-system compliance with FFIEC guidelines, audit requirements, and IT risk management policies.
  • Coordinate with internal audit, risk, and compliance teams to provide accurate evidence and remediation plans.
  • Improve compliance processes to reduce audit findings and enhance security posture.
  • Administer the ServiceNow platform, including configurations, upgrades, and instance health.
  • Design, develop, and maintain ServiceNow workflows, forms, business rules, UI policies, and scripted components, including Script Includes and Flow Designer, to support ITSM processes.
  • Administer ServiceNow Incident Management, Change Management, Problem Management, Service Catalog, and CMDB modules.
  • Manage ServiceNow user roles, access controls, and group configurations to support platform governance and security.
  • Coordinate and execute ServiceNow version upgrades, patches, and plugin activations while minimizing service disruption.
  • Integrate ServiceNow with third-party tools and internal systems to streamline service delivery and operational workflows.
  • Monitor ServiceNow performance, troubleshoot issues, and implement improvements for availability and reliability.
  • Support Hardware Asset Management and Software Asset Management modules, managing asset lifecycles, license compliance, software entitlements, and reconciliation; maintain accurate CMDB asset records and provide visibility through reports and dashboards.
  • Support the Enterprise Architecture module by maintaining application and technology portfolios, collaborating with architects and stakeholders on roadmaps and technology decisions, and aligning Enterprise Architecture data with CMDB and IT asset management.
  • Own and maintain the ServiceNow CMDB to ensure accuracy, completeness, and integrity of configuration items across supported infrastructure and application domains.
  • Establish and enforce CMDB governance policies, including configuration item naming conventions, relationship mapping standards, and data quality thresholds.
  • Use Discovery and Service Mapping to automate configuration item population and maintain current visibility into the technology environment.
  • Conduct regular CMDB audits and reconciliation to identify and remediate stale, duplicate, or misconfigured configuration items.
  • Collaborate across teams to ensure CMDB data supports Change Management, Incident Management, and Asset Management processes.
  • Use ServiceNow Governance, Risk, and Compliance capabilities to track audit findings, manage risk items, and maintain compliance documentation.
  • Meet workload metrics for operational requests, system builds, migrations, and decommissions.
  • Act as an escalation point for major incidents and coordinate with leadership during crisis events.
  • Collaborate with architecture, application, and infrastructure teams to align technology decisions with enterprise goals.
  • Lead disaster recovery planning and test execution, and improve processes based on after-action reviews.
  • Ensure backend system documentation is accurate, current, and meets audit standards.
  • Review and approve daily, weekly, and monthly operational and compliance reports before submission to leadership.
  • Promote documentation as an operational discipline across the team by setting expectations and accountability for quality.
  • Report team performance metrics and operational health to IT leadership.
  • Align IT solutions with business needs.
  • Complete special projects and other assigned duties.
  • Adhere to applicable regulatory and compliance policies and standards and complete required compliance training.
  • Maintain compliance with applicable federal, state, and local laws and regulations.
  • Delegate project work, set priorities, and track execution while contributing technically.
  • Build and maintain stakeholder relationships through clear communication, proactive collaboration, and cross-functional input aligned with enterprise goals.
  • Identify internal or external client needs and deliver tailored solutions to improve the client experience.
  • Support a positive and productive work culture and effective relationships with customers and stakeholders.

About the company

Flagstar Bank is a regional bank that offers a broad range of financial products and services through its 418 branches in 10 states, complemented by digital channels. It operates with a customer-first mindset, emphasizing local market expertise, personalized solutions, and community focus. Its products work through a combination of branch-based relationship banking and technology-enabled services to meet customers’ financial needs. What sets Flagstar apart is its emphasis on local knowledge, community involvement, and diverse, inclusive workplace culture, rather than solely relying on scale or standard products. The company’s goal is to deliver a new energy in banking that opens doors for customers’ financial and personal success while strengthening the communities it serves.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Troy, Michigan

Founded

1987

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Simplify's Take

What believers are saying

  • Second-quarter 2026 net income hit $34 million, third straight profitable quarter.
  • CET1 reached 13.16% and liquidity climbed to $27.5 billion by July 2026.
  • The board approved a $250 million buyback on July 24, 2026.

What critics are saying

  • The Supreme Court docketed Flagstar Bank, N.A. v. Kivett on June 3, 2026.
  • Angus settlement hearings run October 1, 2026 over breach claims and delayed notice.
  • A CRE bust and mortgage-servicing losses wipe out capital and force rescue financing.

What makes Flagstar Bank unique

  • Flagstar pairs a national mortgage platform with 340 branches across nine states.
  • Its $61.2 billion loan book still spans commercial real estate, C&I, and consumer banking.
  • Joseph Otting’s 2026 restructuring centralized banking, finance, and operations under one team.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Health Savings Account/Flexible Spending Account
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Remote Work Options
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays

Company News

Family Wealth Report
Aug 28th, 2026
BNY Wealth makes senior hires.

BNY Wealth makes senior hires. Editorial staff August 28, 2026 New York headquartered BNY Wealth has bolstered its presence in Northern California by bringing together a highly experienced team with deep private banking expertise and long-standing connectivity across the region. BNY Wealth has made new additions to its team in San Francisco. Ken Kearns, has joined as senior director, and Casey Candelario and Jesus Castrence are named vice presidents, private banking. The team, who started this month, report to Christopher Brown, BNY Wealth's Northern California market president. Their appointments underscore BNY Wealth's commitment to Northern California as a strategic growth market and enhance the firm's ability to deliver the full breadth of its wealth management capabilities, spanning private banking, investment management, wealth planning and fiduciary services, to the region's growing ultra-high net worth population. Kearns, Castrence and Candelari, who have joined from Flagstar Bank, previously worked together at First Republic, where they built a strong, shared track record serving high net worth and ultra-high net worth individuals, families and business. Kearns is a banking professional providing private banking, wealth management, lending, and financial advisory services to emerging and high net worth individuals, families, and business owners. Prior to BNY Wealth, he was a managing group director and executive vice president for Flagstar Private Bank, where he was a "top producer" at a private client group, helping to build out the private bank. He also spent 12 years at First Republic Bank, most recently as a deputy regional managing director. At First Republic Bank, he was responsible for growing out and managing the East Bay region while maintaining his status as a producer throughout his tenure at the bank. Castrence, who is a private banker with BNY Wealth, has more than 25 years of experience in private banking and wealth management. He advises high net worth and UHNW individuals and families, family offices, business owners, corporations, and private equity professionals on customized banking, liquidity, credit, cash management, and treasury solutions. Prior to joining BNY Wealth, he served as associate director and vice president at Flagstar Private Bank and servded in a senior role with First Republic Private Wealth Management. A private banker with BNY Wealth, Candelario has over 11 years of financial services experience. He works with high net worth individuals to address their financial needs with a focus on residential lending. Before joining BNY Wealth, Candelario was a relationship manager and senior client services associate at Flagstar Private Bank. Prior to Flagstar, he was also a senior client services associate with an emphasis on residential lending with First Republic Bank.

wallstreet:online AG
Jul 27th, 2026
Zeta Global closes $1B credit facility to refinance debt and fund M&A

Zeta Global has closed a $1 billion credit facility to refinance its existing $550 million facility and reduce credit spreads. The new debt comprises a $250 million Term Loan A and a $750 million Revolving Credit Facility, which remains undrawn. The AI infrastructure company plans to use the facility for mergers and acquisitions, share repurchases, and general corporate purposes. Chief executive David Steinberg said the refinancing reduces cost of capital and strengthens liquidity whilst providing flexibility for pursuing acquisitions and executing share buybacks. BofA Securities served as Lead Arranger and Bookrunner, with Citi, JPMorgan, RBC Capital Markets, and Truist Securities as Joint Lead Arrangers. Zeta Global helps enterprises transform proprietary data into enterprise intelligence using AI.

MarketBeat
Jul 27th, 2026
TD Cowen issues pessimistic forecast for Flagstar Bank, National Association (NYSE:FLG) stock price.

TD Cowen issues pessimistic forecast for Flagstar Bank, National Association (NYSE:FLG) stock price. July 27, 2026 Key points. * TD Cowen lowered Flagstar's price target from $18 to $17 while maintaining a "Buy" rating, implying 22.88% upside from the stock's $13.84 price. Analysts overall assign the stock a "Moderate Buy" consensus rating with a $16.79 average target. * Flagstar's latest quarterly results fell short of expectations, with earnings of $0.05 per share versus $0.06 expected and revenue of $512 million versus $540.87 million forecast. * The company authorized a $250 million share-repurchase program, allowing it to buy back up to 4.1% of outstanding shares; institutional investors currently own 67.88% of FLG. * MarketBeat previews the top five stocks to own by August 1st. Flagstar Bank, National Association (NYSE:FLG - Get Free Report) had its target price cut by research analysts at TD Cowen from $18.00 to $17.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. TD Cowen's target price would indicate a potential upside of 22.88% from the stock's current price. Several other research firms have also recently weighed in on FLG. UBS Group assumed coverage on shares of Flagstar Bank, National Association in a research report on Tuesday, July 7th. They set a "buy" rating and a $18.00 price objective for the company. DA Davidson reaffirmed a "buy" rating and set a $17.00 price target on shares of Flagstar Bank, National Association in a research report on Monday. Piper Sandler increased their price target on Flagstar Bank, National Association from $16.50 to $17.50 and gave the stock an "overweight" rating in a report on Friday, June 26th. JPMorgan Chase & Co. boosted their price objective on Flagstar Bank, National Association from $15.50 to $17.00 and gave the company a "neutral" rating in a research note on Wednesday, July 1st. Finally, Cantor Fitzgerald upped their target price on Flagstar Bank, National Association from $16.00 to $17.00 and gave the company an "overweight" rating in a research report on Wednesday, July 15th. Nine equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $16.79. Flagstar Bank, National Association trading down 0.1%. Shares of FLG traded down $0.01 during mid-day trading on Monday, reaching $13.84. 2,330,423 shares of the company were exchanged, compared to its average volume of 5,021,703. The business has a 50 day simple moving average of $14.51 and a two-hundred day simple moving average of $13.81. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a market capitalization of $5.77 billion, a PE ratio of 460.83 and a beta of 1.01. Flagstar Bank, National Association has a 52 week low of $10.57 and a 52 week high of $15.44. Flagstar Bank, National Association (NYSE:FLG - Get Free Report) last announced its earnings results on Friday, July 24th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.01). The company had revenue of $512.00 million during the quarter, compared to the consensus estimate of $540.87 million. Flagstar Bank, National Association had a net margin of 1.08% and a return on equity of 0.98%. The business's revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.14) earnings per share. On average, analysts predict that Flagstar Bank, National Association will post 0.43 earnings per share for the current fiscal year. Flagstar Bank, National Association declared that its board has authorized a share repurchase program on Friday, July 24th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 4.1% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board believes its shares are undervalued. Institutional investors weigh in on Flagstar Bank, National Association. A number of hedge funds have recently added to or reduced their stakes in FLG. DV Equities LLC bought a new stake in shares of Flagstar Bank, National Association during the fourth quarter valued at approximately $25,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Flagstar Bank, National Association in the 4th quarter valued at $34,000. Litman Gregory Wealth Management LLC bought a new stake in Flagstar Bank, National Association during the 4th quarter valued at $34,000. Advisory Services Network LLC acquired a new position in Flagstar Bank, National Association during the third quarter worth $35,000. Finally, Clayton Financial Group LLC bought a new position in shares of Flagstar Bank, National Association in the fourth quarter valued at $42,000. Institutional investors and hedge funds own 67.88% of the company's stock. About Flagstar Bank, National Association. Flagstar Financial Corporation NYSE: FLG is a bank holding company whose principal subsidiary, Flagstar Bank, provides a range of financial services across the United States. Headquartered in Troy, Michigan, Flagstar combines commercial banking, mortgage lending and servicing, and deposit products to serve individuals, businesses and public entities. As a publicly traded company, Flagstar leverages its banking charter and national mortgage platform to deliver tailored financial solutions through both digital and branch channels. The company's mortgage business is one of the largest residential originators and servicers in the nation, offering retail, wholesale and correspondent lending channels. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Flagstar Bank, National Association, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Flagstar Bank, National Association wasn't on the list. While Flagstar Bank, National Association currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Yahoo Finance
Jul 24th, 2026
Flagstar Bank shares slip as Q2 earnings of $0.05 miss $0.07 forecast despite profitability return

Flagstar Bank shares fell 1.09% in premarket trading after reporting second-quarter results that missed Wall Street expectations. The regional lender posted adjusted earnings of $0.05 per share, below the $0.07 consensus estimate, whilst revenue of $516 million fell short of the expected $541.97 million. Despite the miss, revenue rose 4% year-on-year from $496 million. The bank returned to profitability with adjusted net income of $23 million, compared with a loss of $0.14 per share a year earlier. Total loans grew $562 million to $61 billion, representing annualised growth of 4%. Deposits increased $689 million to $67.5 billion. Flagstar announced a new $250 million share repurchase programme and maintained a Common Equity Tier 1 capital ratio of 13.16%.

GlobeNewswire
Jul 15th, 2026
Five Star Bank adds four key hires in Palo Alto to support San Francisco Bay Area expansion.

Five Star Bank adds four key hires in Palo Alto to support San Francisco Bay Area expansion. Community bank deepens Silicon Valley presence as new team brings decades of experience and extensive local business relationships. July 15, 2026 18:30 ET | Source: Five Star Bank SAN FRANCISCO, July 15, 2026 (GLOBE NEWSWIRE) - Five Star Bancorp (Nasdaq: FSBC) ("Five Star" or the "Company"), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank, today announced the addition of four experienced bankers with deep client relationships in the Palo Alto area. Known as the birthplace of Silicon Valley, Palo Alto remains a global hub for technology, venture capital, and entrepreneurship, and maintains a dense concentration of the region's most active VC firms. Silicon Valley attracted $92 billion in venture capital last year, according to Joint Venture Silicon Valley's 2026 Silicon Valley Index. This density of capital and high-growth companies makes Palo Alto one of the most competitive banking markets, and one where Five Star Bank's high-tech, high-touch, relationship-driven approach to banking is a key differentiator. Five Star Bank strategically recruited local banking professionals in Palo Alto who understand the unique needs of the market they serve and call home. Working at the center of the innovation and commercial business ecosystem, Five Star Bank intends to partner with entrepreneurs, venture and fund managers, real estate operators, and the attorneys and finance leaders who support their growth. "We're not starting from scratch in Palo Alto. Our new team has spent years curating trusted relationships with VC firms and venture-backed companies," said DJ Kurtze, Five Star Bank's Executive Vice President / San Francisco Bay Area Region President. "Thanks to the team's local market knowledge, we believe we can deliver immediate value and bring the high-touch, concierge service that distinguishes Five Star Bank." Key hires include: * Derrick Yee joins as Senior Vice President / Managing Director. Over his 20 years of experience in private banking and wealth management, Yee has served entrepreneurs, venture-backed startups, and VC firms. He most recently served as Senior Vice President / Group Director at Flagstar Private Bank, where he led strategic partnerships and initiatives supporting entrepreneurs, startups, and VC firms. Prior to this, he was a Managing Director at First Republic Bank. * Andrew Liou joins as Senior Vice President / Managing Director. He brings more than 15 years of private banking experience, along with a unique background as a former small business owner and entrepreneur. Prior to Five Star Bank, Liou served as Senior Vice President / Group Director at Flagstar Private Bank, where he helped build its private banking team focused on startup founders, venture-backed executives, and VC funds. Prior to this, he was a Managing Director with First Republic Bank. * Andrew Holtz joins Five Star Bank as Senior Vice President / Managing Director. He has more than 20 years of banking experience serving clients throughout the Bay Area. Holtz served as Senior Vice President / Group Director at Flagstar Private Bank, leading client acquisition and relationship management efforts for emerging funds and technology startups. Prior to this, he was a Senior Relationship Manager with First Republic Bank. * Jonathan Tombo joins Five Star Bank as Vice President / Senior Relationship Manager. He has more than 10 years of banking experience, specializing in customized banking, treasury, and cash management solutions for private equity, VC, and startup ecosystems. At Flagstar Private Bank, Tombo served as Relationship Manager, where he was part of the inaugural Palo Alto team responsible for building the bank's presence in Northern California. In this role, he supported the operational, treasury, and banking needs of private equity, VC, and startup clients. Prior to this, he was a Preferred Banker with First Republic Bank. "No one knows Palo Alto and its business community better than the people who are part of it every day," said James Beckwith, President and CEO of Five Star Bank. "These new hires deepen our ability to serve our existing Bay Area clients while expanding our presence in one of the country's most influential business markets." The Palo Alto team follows a string of expansions for Five Star Bank over the past year. Recent expansions to Lodi, Southern California, and Walnut Creek have solidified its growing footprint across the Golden State. About Five Star Bancorp Five Star is a bank holding company headquartered in Rancho Cordova, California. Five Star operates through its wholly owned banking subsidiary, Five Star Bank. The Bank has ten branches in California, following the opening of a branch in Lodi in July 2026. For more information, visit https://www.fivestarbank.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent plans, estimates, objectives, goals, guidelines, expectations, intentions, projections, and statements of the Company's beliefs concerning future events, business plans, objectives, expected operating results, and the assumptions upon which those statements are based. Forward-looking statements include without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements, and are typically identified with words such as "may," "could," "should," "will," "would," "believe," "anticipate," "estimate," "expect," "aim," "intend," "plan," or words or phrases of similar meaning. The Company cautions that the forward-looking statements are based largely on the Company's expectations and are subject to a number of known and unknown risks and uncertainties that are subject to change based on factors which are, in many instances, beyond the Company's control. Such forward-looking statements are based on various assumptions (some of which may be beyond the Company's control) and are subject to risks and uncertainties, which change over time, and other factors, which could cause actual results to differ materially from those currently anticipated. New risks and uncertainties may emerge from time to time, and it is not possible for the Company to predict their occurrence or how they will affect the Company. If one or more of the factors affecting the Company's forward-looking information and statements proves incorrect, then the Company's actual results, performance, or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements contained in this press release. Therefore, the Company cautions you not to place undue reliance on the Company's forward-looking information and statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, and Quarterly Report on Form 10-Q for the three months ended March 31, 2026, in each case under the section entitled "Risk Factors," and other documents filed by the Company with the Securities and Exchange Commission from time to time. The Company disclaims any duty to revise or update the forward-looking statements, whether written or oral, to reflect actual results or changes in the factors affecting the forward-looking statements, except as specifically required by law. Investor Contact: Heather C. Luck, Chief Financial Officer Five Star Bancorp (916) 626-5008 [email protected] Media Contact: Shelley R. Wetton, Chief Marketing Officer Five Star Bancorp (916) 284-7827 [email protected]