Operations Business Analyst

Position Title Operations Business Analyst Location New York, NY 10018 Job Summary Pay Range: 63-103K This role is critical in supporting operational efficiency, regulatory compliance, and strategic growth by driving improvements across key banking processes and systems. The position will bring a strong understanding of operational workflows in a banking environment, combined with the ability to bridge business needs and technical solutions. This is a high-impact role with cross-functional exposure, offering significant opportunities for growth and influence Pay Range: Local Minimum Wage - $0.00 - $0.00 Job Responsibilities: JOB RESPONSIBILITIES Analyze end-to-end operational workflows and identify inefficiencies, bottlenecks and areas for improvement Collaborate with stakeholders to gather, document and validate business requirements Lead or support User Acceptance Testing (UAT) activities, including test planning, execution, and issue tracking. Translate business needs into clear and actionable functional specifications, process flow, and use cases Liaise with IT and other departments to ensure successful implementation of new systems or processes Support the implementation of new systems, technologies, and processes, ensuring alignment with business goals and compliance standards Provide training for operational tools and systems Uses independent judgement and discretion to make decisions keeping risk mitigation and client impact in mind. ADDITIONAL ACCOUNTABILITIES Performs special projects, and additional duties and responsibilities as required. Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations. Stay current on industry trends, regulatory changes, and emerging technologies in banking operations JOB REQUIREMENTS Required Qualifications: Education level required: High School / High School Equivalency (GED, HiSET, TASC) / Foreign Equivalent (Add applicable additional detail i.e. field of study required or equivalent work experience if applicable) Minimum experience required: Less than 2 years as a Business Analyst within the banking or financial services industry, specifically in operational functions. Strong knowledge of banking operations and supporting systems (core banking platforms, digital banking, payments processing, etc.). Proficient in process mapping tools and methodologies (e.g., BPMN, Visio) and data analysis tools (Excel, SQL, BI platforms). Preferred Qualifications: Education level preferred: College, Vocational or Associates Degree (2 years or equivalent) (Add applicable additional detail i.e. field of study preferred or equivalent work experience if applicable) Familiarity with Project Management Life Cycles and terminology Job Competencies: Technical Aptitude - Comfortable learning and navigating business applications, systems and tools Strong Written and Verbal Communication Skills – Ability to communicate effectively and lead meetings and projects when required Analytical Thinking - Ability to assess problems, analyze data and draw logical conclusions to support decision-making and process improvements. Time Management – Ability to prioritize tasks, manage multiple projects, and meet deadlines in a fast paced, changing environment Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience. 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 Who We Are Flagstar Bank is a diversified consumer and commercial bank grounded in building relationships to meet clients where they are on their financial journeys. Our History Our parent company, New York Community Bancorp, Inc., is based in Hicksville, NY, and has $116.3 billion in assets, $85.6 billion in loans, $81.4 billion in deposits, and $10.8 billion in total stockholder equity. We are a leading regional bank with 420 banking branches, 134 private client banking teams, wholesale lending via approximately 3,000 third-party originators, retail mortgage lending, multifamily lending, mortgage servicing, and subservicing. We’re also the second largest mortgage warehouse lender nationally based on total commitments. Flagstar has strong footholds in the Northeast and Midwest and exposure to high-growth markets in the Southeast and West Coast. What We Do We are driven by our commitment to partner with our clients to set and reach goals together, helping them to take charge and thrive. Equal Opportunity Employer For more information: flagstar.com/eeoc Member FDIC/Equal Housing Lender