Government Payments Analyst

Flagstar Bank NA

Hicksville, NY

JOB DETAILS
SALARY
$68,882.25–$109,349 Per Year
SKILLS
Analysis Skills, Banking Operations, Banking Services, Billing, Communication Skills, Cross-Functional, Customer Escalations, Customer Experience, Customer Relations, Customer Support/Service, Detail Oriented, Disbursements, Documentation Standards, Federal Deposit Insurance Corp (FDIC), Federal Laws and Regulations, Finance, Financial Reporting, Financial Systems, Funding, Government, Internet Portal, Interpersonal Skills, Legal, Maintain Compliance, Multitasking, Needs Assessment, Onboarding, Organizational Skills, Outbound Marketing, Physical Demands, Presentation/Verbal Skills, Problem Solving Skills, Procedure Development, Project/Program Coordination, Project/Program Management, Reconciliation, Regulatory Compliance, Request for Proposals (RFP), Sales Management, Sales Prospecting, State Laws and Regulations, Time Management, Treasury, Web Site Monitoring, Willing to Travel, Writing Skills
LOCATION
Hicksville, NY
POSTED
30 days ago

Position Title

Government Payments Analyst

Location

Hicksville, NY 11801

Job Summary

This role will support the day-to-day operations of our Government Payments programs, along with key public sector deposit initiatives. This role will be responsible for reconciliation, reporting, issue resolution, and coordination with internal teams, external partners, and government stakeholders.

Job Responsibilities:

JOB RESPONSIBILITIES

  • Perform daily and monthly reconciliation activities across prepaid and digital disbursement programs using reports from third-party vendors
  • Maintain and manage daily posting sheets for third-party vendor activity
  • Perform comprehensive program reconciliations, including monthly invoice validation and accurate posting to support fee payments
  • Develop and document procedures related to third-party vendor reconciliation processes to ensure accuracy and consistency
  • Research and respond to customer complaints escalated to the Office of the President
  • Leverage internal systems and collaborate with third-party vendors to investigate and resolve issues efficiently
  • Provide timely updates and resolution summaries to internal stakeholders
  • Prepare month-end uninsured FDIC reporting
  • Support internal governance processes by coordinating cross-functional approvals across Compliance, Legal, and Marketing for program disclosures and requirements.
  • Ensure adherence to internal controls, policies, and documentation standards
  • Function as a representative of the financial institution with key government stakeholders related to prepaid card and digital pay programs, while proactively addressing inquires and concerns, capturing key takeaways, and driving follow-up actions to keep implementation on track
  • Facilitate weekly calls with Digital Pay stakeholders to track portfolio of programs in implementation, proactively address outstanding items and ensure timely resolution
  • Assist client / programs with funding to support a successful go-live and ongoing operational needs.
  • Support onboarding and ongoing management of federal and state program relationships fostering strong partnerships
  • Coordinate with internal and external partners to support program execution and ensure alignment on key deliverables
  • Manage monthly client billing with accurate invoices validation and timely submission
  • Participate in meetings with prospective clients as appropriate with program partners
  • Monitor RFP portals and websites to identify new business opportunities
  • Effective coordination across internal teams, third-party vendors, and government partners
  • Proactive identification of new opportunities within the public sector
  • Collaborate with internal team partners on program management, reporting, compliance efforts and special projects, as assigned.
  • Uses independent judgement and discretion to make decisions regarding their duties.
  • Analyzes and resolves problems pertaining to government payments

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.

JOB REQUIREMENTS

Required Qualifications:

  • Education level required: Undergraduate Degree (4 years or equivalent) Bachelor's degree in banking/finance related field or equivalent combination of training and experience.
  • Minimum experience required: 3+ Years with financial data and reporting.

Job Competencies:

  • Strong analytical and organizational abilities with exceptional attention to detail
  • Experience in banking operations, payments, treasury, or public sector banking preferred
  • Proven ability to manage multiple priorities and consistently meet deadlines
  • Excellent communication skills with the ability to effectively manage and influence stakeholders
  • Proficiency with financial systems, reporting tools, and advanced Excel usage
  • Knowledge of and the ability to apply the fundamental concepts, practices and procedures used in the assigned line of business.
  • Good project coordination and organizational skills.
  • Strong verbal, written and interpersonal communication and presentation skills.
  • A high degree of professional maturity appropriate for interactions with Bank stakeholders.
  • Strong attention to detail, a dedication to quality and process discipline, and enthusiasm for learning.
  • Willingness to travel if needed. 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.
  • Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.
  • Physical demands (ADA): No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer

We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. 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

Pay Range

$68,882.25 - $109,349.00

About the Company

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Flagstar Bank NA

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..

COMPANY SIZE
1,000 to 1,499 employees
INDUSTRY
Financial Services
WEBSITE
http://www.flagstar.com