128 Employee Reviews (View Most Recent)

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Disappointing

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - IT Business Analyst  in  Troy, MI
Current Employee - IT Business Analyst in Troy, MI

I have been working at Flagstar Bancorp

Pros

plenty of IT work on the horizon, if market conditions improve in mortgage industry

Cons

Lack of vision and poor decision making by senior IT leadership.
Lack of growth opportunities.

Advice to ManagementAdvice

Talk with front line IT employees, empower development teams to self manage, and goals will be accomplished. Current heavy handed, micro managing at mid management level is stiffing innovation and ownership of work by development teams. Collaboration is simply effective communication and coordination. Don't over complicate it.

Doesn't Recommend
No opinion of CEO

Other Reviews for Flagstar Bancorp

  1.  

    Do More With Less.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Troy, MI
    Current Employee - Anonymous Employee in Troy, MI

    I have been working at Flagstar Bancorp

    Pros

    Company is trying to re-invent itself. Losses are improving.

    Cons

    The culture is changing from a regional family bank into a big bank culture which slows the pace of adaptability. External influences from government regulators and investors make for quickly shifting priorities. Difficult to get things done.

    Advice to ManagementAdvice

    Figure out a way to align human resources to work on highest priority items

    Doesn't Recommend
    No opinion of CEO
  2.  

    I'd stay away.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Branch Manager  in  Carmel, IN
    Former Employee - Branch Manager in Carmel, IN

    I worked at Flagstar Bancorp

    Pros

    Pay is decent. Can have some scheduling flexibility. Great place to work if you're content to just follow marching orders.

    Cons

    A closely held company, management feels and strongly reacts to stock market fluctuations, very poorly. Little support for Branch Managers.

    Advice to ManagementAdvice

    Listen to your branch employees when they offer feedback. The bank should allow for "bottom up" feedback.

    Doesn't Recommend
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