Business Architect

Flagstar Bank•New York, NY

About The Position

Acts as the business architect for assigned business lines and product delivery teams, ensuring alignment between business strategy and technology solutions within the product operating framework. Partners with the Technology Line of Business Lead, Product Security Leader, and Business Unit Risk Manager (BURM) to translate business strategy, capabilities, and operating model requirements into prioritized delivery artifacts. Drives Technology Review Board gate approvals by ensuring initiatives are aligned to target-state business architecture, value realization objectives, and enterprise standards. This role is accountable for eliciting, documenting, and managing business architecture artifacts including business capabilities, value streams, business processes, and requirements; decomposing these into epics, features, and user stories that align with product and platform roadmaps. Facilitates cross-stakeholder alignment to ensure business process design, regulatory compliance, and operational readiness are embedded throughout the delivery lifecycle. Acts as a business advocate and architectural steward, ensuring technology deliveries measure business outcomes while maintaining risk, compliance, and governance integrity. Pay Range: $211,973 - 234,971 - 260,292 JOB RESPONSIBILITIES Lead architectural discovery and requirements definition by partnering with business and technology stakeholders to define business objectives, scope, success criteria, and develop business case justifications for technology initiatives. Own the decomposition of business architecture into epics, features, and user stories, ensuring alignment with target-state architecture, non-functional requirements, and platform standards; collaborate with Tech Leads and SRE teams during sprint planning, backlog prioritization, refinement, and release planning. Prepare, maintain, and present Technology Review Board (TRB) artifacts, including Initial Design Review business justification, Production Release Review documentation, and Major Architecture Modification impact assessments to support architectural governance and decision-making. Develop and maintain architecture-aligned documentation including business and system process flows, BRDs, FRDs, logical and physical architecture views, integration diagrams, and supporting user documentation and training materials. Partner with the Product Security Leader to define security architecture requirements, document application data flows, contribute to threat modeling, and ensure implementation of application-specific security and privacy controls. Collaborate with the Business Unit Risk Manager (BURM) to assess regulatory and compliance impacts on solution architecture, contribute to risk registers, and support control design and audit evidence for architectural controls. Define and validate architectural non-functional requirements including SLAs, SLOs, resiliency, performance, and availability; coordinate User Acceptance Testing (UAT) and lead post-implementation architectural reviews to confirm alignment with target-state outcomes. Define vendor and third-party architectural requirements, including integration patterns and SLA expectations; support vendor onboarding, architecture alignment reviews, and business change management activities including training and adoption planning. ADDITIONAL ACCOUNTABILITIES Performs special projects, and additional duties and responsibilities as required. Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures.

Requirements

10+ Years in business architecture and analysis, product ownership, or technology project management with experience in Agile/Scrum methodologies
Experience with requirements management and collaboration tools (Confluence, Azure DevOps) and proficiency in creating user stories, acceptance criteria, and business process documentation
Demonstrated experience facilitating cross-functional teams, stakeholder workshops, and presenting to senior leadership
Strong business analysis skills with ability to elicit, document, and validate complex business requirements.
Proficiency in Agile/Scrum methodologies, backlog management, and sprint/release planning processes.
Understanding of technology governance frameworks, gate review processes, and enterprise architecture principles.
Excellent stakeholder management and facilitation skills with ability to drive consensus across diverse groups.
Knowledge of security requirements gathering, data classification, and compliance documentation practices.
Strong project coordination skills with experience managing timelines, dependencies, and deliverables.
Excellent presentation, documentation, and written communication skills for executive and technical audiences.
Strong interpersonal skills with ability to build relationships across business and technology teams.
Detail-oriented with strong analytical and problem-solving abilities.
Proficiency in Microsoft Office suite, Confluence, and business process modeling tools (Visio, Lucidchart).
Ability to translate technical concepts into business-friendly language and vice versa.
Ability to manage multiple priorities and deliver results in a fast-paced environment.
Understanding of software development lifecycle, testing methodologies, and quality assurance processes.
Ability to mentor and guide junior business analysts and coordinate work across team members.
Flexibility to adapt to changing business priorities and evolving project requirements.
Ability to work effectively with all levels of staff, management, and external stakeholders.
Understanding of PXT framework and cross-functional collaboration models.
Knowledge of risk management principles and regulatory compliance requirements in banking.
Effective communication skills for presenting to Technology Review Board and executive leadership.
Proactive mindset with focus on continuous improvement and process optimization.
Ability to develop training materials and support business adoption of new technology solutions.
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.

Nice To Haves

Undergraduate Degree (4 years or equivalent)
Certified Business Analysis Professional (CBAP), PMI-PBA, or Certified Scrum Product Owner (CSPO) preferred.
Banking or financial services experience with understanding of regulatory compliance (OCC, FDIC) and risk management frameworks preferred.

Responsibilities

Acts as the business architect for assigned business lines and product delivery teams, ensuring alignment between business strategy and technology solutions within the product operating framework.
Partners with the Technology Line of Business Lead, Product Security Leader, and Business Unit Risk Manager (BURM) to translate business strategy, capabilities, and operating model requirements into prioritized delivery artifacts.
Drives Technology Review Board gate approvals by ensuring initiatives are aligned to target-state business architecture, value realization objectives, and enterprise standards.
This role is accountable for eliciting, documenting, and managing business architecture artifacts including business capabilities, value streams, business processes, and requirements; decomposing these into epics, features, and user stories that align with product and platform roadmaps.
Facilitates cross-stakeholder alignment to ensure business process design, regulatory compliance, and operational readiness are embedded throughout the delivery lifecycle.
Acts as a business advocate and architectural steward, ensuring technology deliveries measure business outcomes while maintaining risk, compliance, and governance integrity.
Lead architectural discovery and requirements definition by partnering with business and technology stakeholders to define business objectives, scope, success criteria, and develop business case justifications for technology initiatives.
Own the decomposition of business architecture into epics, features, and user stories, ensuring alignment with target-state architecture, non-functional requirements, and platform standards; collaborate with Tech Leads and SRE teams during sprint planning, backlog prioritization, refinement, and release planning.
Prepare, maintain, and present Technology Review Board (TRB) artifacts, including Initial Design Review business justification, Production Release Review documentation, and Major Architecture Modification impact assessments to support architectural governance and decision-making.
Develop and maintain architecture-aligned documentation including business and system process flows, BRDs, FRDs, logical and physical architecture views, integration diagrams, and supporting user documentation and training materials.
Partner with the Product Security Leader to define security architecture requirements, document application data flows, contribute to threat modeling, and ensure implementation of application-specific security and privacy controls.
Collaborate with the Business Unit Risk Manager (BURM) to assess regulatory and compliance impacts on solution architecture, contribute to risk registers, and support control design and audit evidence for architectural controls.
Define and validate architectural non-functional requirements including SLAs, SLOs, resiliency, performance, and availability; coordinate User Acceptance Testing (UAT) and lead post-implementation architectural reviews to confirm alignment with target-state outcomes.
Define vendor and third-party architectural requirements, including integration patterns and SLA expectations; support vendor onboarding, architecture alignment reviews, and business change management activities including training and adoption planning.
Performs special projects, and additional duties and responsibilities as required.
Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures.