Fiscal Year

2020

Case Number

A-19319-83773

Case Status

Certified

Received Date

2020-01-10

Decision Date

2020-05-20

Refile

N

Original File Date

2020-01-01 08:17:52

Previous SWA Case Number State

Schedule A Sheepherder

N

Employer Name

FLAGSTAR BANK, FSB

Employer Name Slug

flagstar-bank-fsb

Employer Address 1

5151 CORPORATE DRIVE

Employer Address 2

Employer City

TROY

Employer City Slug

troy

Employer State

MICHIGAN

Employer State Slug

michigan

Employer Country

UNITED STATES OF AMERICA

Employer Postal Code

48098

Employer Phone

248 312 2000

Employer Number of Employees

2753

Employer Year Commenced Business

1987

NAICS Code

522120

FW Ownership Interest

N

Employer Contact Name

Kim A Bostwick

Employer Contact Address 1

5151 Corporate Drive

Employer Contact Address 2

Employer Contact City

Troy

Employer Contact State/Province

MICHIGAN

Employer Contact Country

UNITED STATES OF AMERICA

Employer Contact Postal Code

48098

Employer Contact Phone

248-312-5605

Employer Contact Email

kim.bostwick@flagstar.com

Agent Attorney Name

Rona M Lum

Agent Attorney Firm Name

Rona M. Lum, P.C.

Agent Attorney Phone

2483401854

Agent Attorney Address 1

Law Offices of Roan M. Lum, P.C.

Agent Attorney Address 2

691 N. Squirrel Road, Ste. 185

Agent Attorney City

Auburn Hills

Agent Attorney State/Province

MICHIGAN

Agent Attorney Country

UNITED STATES OF AMERICA

Agent Attorney Postal Code

48326

Agent Attorney Email

rlum@corpimmigration.us

PW Track Number

P10019219035432

PW SOC Code

11-3031

PW SOC Title

Financial Managers

PW Skill Level

Level IV

PW Wage

165090.00

PW Unit of Pay

Year

PW Wage Source

OES

PW Determination Date

2019-12-04

PW Expiration Date

2020-06-30

Wage Offer From

290000.00

Wage Offer To

0.00

Average Salary

290000.00

Wage Unit of Pay

Year

Worksite Address 1

5151 Corporate Drive

Worksite Address 2

Worksite City

TROY

Worksite City Slug

troy

Worksite State

MICHIGAN

Worksite Postal Code

48098

Job Title

Senior VP, Head of Mortgage Pricing Strategy and Trading

Job Title Slug

senior-vp-head-of-mortgage-pricing-strategy-and-trading

Minimum Education

Bachelor's

Major Field of Study

Finance, Accounting or Statistics Masters degree in same field preferred

Required Training

N

Required Experience

N

Required Experience Months

Accept Alternative Field of Study

N

Accept Alternative Major Field of Study

Accept Alternative Combination

N

Accept Alternative Combination Education

Accept Alternative Combination Education Years

Accept Foreign Education

N

Accept Alternative Occupation

Y

Accept Alternative Occupation Months

120

Accept Alternative Job Title

any position involving responsibility for carrying out skill sets mentioned in item H.14 below

Job Opportunity Requirements Normal

Y

Foreign Language Required

N

Specific Skills

Bachelors Degree in Finance, Accounting, or Statistics Masters degree in same fields preferred and a minimum of 10 years of postbaccalaureate experience in managing a Hedging Trading desk, trading of mortgages and maintenance of mortgage position is required.br br EXPLANATION OF BUSINESS NECESSITY FOR EXPERIENCE REQUIREMENTSbr br Flagstar Bank, FSB the Bank is a whollyowned subsidiary of Flagstar Bancorp, Inc., a Michiganbased savings and loan holding company. Flagstar Bank is a federally chartered stock savings bank founded in 1987.br br We offer a wide range of financial products and services for individuals and businesses, from consumer loans and credit cards to cash management and merchant services. We bring the full resources of a commercial bank to our customers. We are also a national leader in home lending with loan centers across the country.br br The Senior VP, Head of Mortgage Pricing Strategy and Trading with Flagstar Bank is a position that requires an individual with a highlevel of knowledge of mortgage pricing and trading with the ability to effectively communicate through persuasive presentations on complex topics to the executive and senior management team and other internal and external constituencies. The individual must possess financial sophistication and knowledge to respond effectively to inquiries from members, regulators and others parties, as required.br br Therefore, it is necessary that the qualified individual possess, at a minimum, a Bachelors Degree in Finance, Accounting or Statistics Masters degree preferred and a minimum of ten 10 years of postbaccalaureate experience in managing a Hedging Trading desk, trading of mortgages and maintenance of mortgage position. Through the required formal education and experience, an individual acquires the mathematical skills and ability to develop and interpret financial analyses including returnoninvestment, total cost of ownership, net present value, etc., as it pertains to mortgage pricing strategy and trading. These skills are essential to effectively fulfill the highlevel, technical duties and responsibilities of the Senior VP, Head of Mortgage Pricing Strategy and Trading.

Combination Occupation

N

Offered to Applicant Foreign Worker

Y

Foreign Worker Live on Premises

N

Foreign Worker Live in Domestic Service

N

Foreign Worker Live in Domestic Service Count

Professional Occupation

Y

Application for College/University Teacher

N

SWA Job Order Start Date

2019-08-08

SWA Job Order End Date

2019-09-10

Sunday Edition Newspaper

Y

First Newspaper Name

Detroit News and Free Press

First Advertisement Start Date

2019-08-18

Second Newspaper Ad Name

Detroit News and Free Press

Second Advertisement Type

Newspaper

Second Ad Start Date

2019-08-25

Employer Website From Date

2019-08-16

Employer Website To Date

2019-08-28

Professional Organization Ad From Date

2020-01-01 08:17:52

Professional Organization Advertisement To Date

2020-01-01 08:17:52

Job Search Website From Date

2019-08-18

Job Search Website To Date

2019-09-17

Employee Referral Program From Date

2020-01-01 08:17:52

Employee Referral Program To Date

2020-01-01 08:17:52

Local Ethnic Paper From Date

2020-01-01 08:17:52

Local Ethnic Paper To Date

2020-01-01 08:17:52

Radio/TV Ad From Date

2020-01-01 08:17:52

Radio/TV Ad To Date

2020-01-01 08:17:52

Employer Received Payment

N

Posted Notice at Worksite

Y

Layoff in Past Six Months

N

Country of Citizenship

INDIA

Foreign Worker Birth Country

INDIA

Class of Admission

H-1B

Foreign Worker Education

Master's

Foreign Worker Information: Major

MBA FINANCE

Foreign Worker Years of Education Completed

2008

Foreign Worker Institution of Education

THE UNIVERSITY OF FLORIDA

Foreign Worker Education Institution Address 1

222 CRISER HALL

Foreign Worker Education Institution Address 2

Foreign Worker Education Institution City

GAINESVILLE

Foreign Worker Education Institution State/Province

FL

Foreign Worker Education Institution Country

UNITED STATES OF AMERICA

Foreign Worker Education Institution Postal Code

32611

Foreign Worker Experience with Employer

N

Foreign Worker Employer Pays for Education

N

Foreign Worker Currently Employed

Y

Employer Completed Application

N

Preparer Name

Rona M Lum

Preparer Title

Attorney

Preparer Email

rlum@corpimmigration.us

Employer Information Declaration Name

Kimberly Foley

Employer Information Declaration Title

Recruiting Director