Signature Bank Hiring for Investment Advisory Associate at New York, NY  Full Time

Did you know?

There has never been a better time to join Flagstar Bank!On March 20, 2023, Flagstar Bank, N.A., the wholly owned subsidiary of New York Community Bancorp Inc., acquired substantially all of the deposits and certain loan portfolios of Signature Bridge Bank, N.A., which now operates as Flagstar.

With this transaction, Flagstar is now one of the largest commercial banks in the country, with a fortress-like balance sheet, strong liquidity, and excellent asset quality metrics. The regulatory approval of the acquisition clearly reflects the strength of the combined institution. Our clients continue to be serviced by their Private Client Group in the same client-centric single-point-of-contact strategy that Signature Bank was known for over the last two decades.

Our employees remain a critical foundation of our organization, with enhanced opportunities for career development, while participating in top-tier benefits plans. Apply today for immediate consideration below!

What you should know about the Investment Advisory Associate:

In this role, you will work along with the Investment Group Director servicing the needs of brokerage clients.

In this role, your primary responsibilities will include:

• Support the Investment Group Director with broker-dealer, registered investment advisor and insurance business.
• Complete sales and required route documents for processing/updating accounts, takes appropriate action when a debit occurs, track transfer of client assets.
• Assure activity/account processing is in compliance with pertinent laws and regulations. Ensures federal, state, insurance licenses are monitored/up to date in line with products offered and client state of residence for both the Group Director and the Senior Client Associate.
• Review all documentation in light of completeness and suitability
• Maintains accurate and current customer records and branch files such as marketing, correspondence, etc.
• Follow up on routine client correspondence and phone inquiries
• Set up and track paperwork for client appointments.
• Although transactions affect client funds, due to the nature of the securities business and the “settlement” of these transactions, the risk is minimized. This position does not have access to official checks, wire transfers, cash and computer systems
• Assists in the prospecting of new business and development of existing business for the Group Director.
• Initiate and complete tasks as prescribed

To be successful, your background should match these qualifications:

• Minimum 3 years experience in a similar role as a sales assistant or in middle office
• Series 7 and 66 (or equivalent) required, Series 66 or 65 preferred or must be obtained within 6 months of hire
  
• High school diploma or general education degree (GED) required
• Broad knowledge of financial products, services and compliance including KYC-AML required
• Insurance license preferred, or must be obtained within 6 months of hire

Compensation:

Flagstar Bank, N.A. offers a base salary in this position with an hourly range of $30.00 – $39.00 dependent on qualifications and experience. In addition, there may be an annual bonus plan that is paid based on merit and performance in the role.

For those candidates applying to locations in San Francisco: Flagstar Bank, N.A. will consider for employment qualified applicants with criminal histories consistent with San Francisco Fair Chance Ordinance and federal laws applicable to Flagstar Bank, N.A.

We are an Equal Opportunity Employer.

If interested, please submit your resume online. This is the fastest and most reliable way to be considered for any of our positions. Incomplete applications or those missing required information will not be considered.

*Current Employees – Do NOT use this site. Please apply via the Workday login page or contact Human Resources – Staffing if you have questions.