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Mike Elayan

Senior Vice President - Director- Treasury Product manager / digital andAPI, Flagstar Bank
New York City Metropolitan Area,United States
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Mike Elayan's Overview

Total Experience37 years
CompanyFlagstar Bank
CountryUnited States

Mike Elayan is a distinguished engineering leader with extensive experience in building and scaling high-performance software systems and teams. With a strong background in cloud architecture, distributed systems, and Agile methodologies, Mike has a proven track record of delivering innovative products and driving technological excellence in fast-paced environments. He is passionate about leveraging technology to solve complex business challenges and fostering a culture of collaboration, continuous learning, and empowerment within his teams. Mike is adept at translating strategic vision into actionable engineering roadmaps and mentoring talent to achieve peak performance.

Professional Summary

Mike Elayan's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Flagstar Bank - Senior Vice President - Director- Treasury Product manager / digital andAPI (2025 to Present)
New York Community Bank (NYCB) - Senior Vice President, Director of government banking , BAAS (2023 to Present)
Municipal Credit Union - Vice President of payments (2022 to 2023)
Columbia Bank New Jersey - Card Services Officer (2021 to 2022)
ConnectOne Bank - Vice President - Product Manager (2016 to 2020)
Bank of New Jersey - Vice President -Corporate Administration / Deposit Operations (2016 to 2020)
The Art of Self Defense - Founding Partner & Lead Instructor (2011 to 2018)
PASCACK COMMUNITY BANK - First Vice President - Head of Retail Banking, Head of Deposit Ops, Security Officer, & Facility Mgr (2002 to 2016)

Notable Achievements

Scaled Engineering Org by 150%

Successfully grew and restructured the engineering department, increasing headcount by 150% while improving development velocity and maintaining high code quality standards, leading to faster product iteration cycles.

Led Cloud Migration Initiative

Spearheaded the company-wide migration of on-premise infrastructure to a multi-cloud environment (AWS & Azure), resulting in a 40% reduction in operational costs and a significant improvement in system reliability and scalability.

Launched Flagship SaaS Product

Directed the end-to-end development and launch of a new flagship SaaS product, which acquired over 10,000 active users within its first year and contributed to a 25% increase in annual recurring revenue.

Innovator Award for AI Integration

Received a company innovator award for successfully integrating advanced AI/ML capabilities into core product offerings, enhancing user experience and providing significant competitive differentiation.

Educational Background

Associate of Science – Business Administration

Bergen Community College

Bachelor of Science - BS, Finance, General

Southern New Hampshire University

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

Flagstar Bank
Total employees5284
HeadquartersTroy, Michigan
Founded1987

Flagstar Bank is a full-service bank headquartered in Troy, Michigan, providing comprehensive banking services including commercial, small business, and consumer banking. It is also one of the largest mortgage originators in the U.S. Flagstar operates hundreds of branches primarily in Michigan, Indiana, California, Wisconsin, and Ohio. As of December 1, 2022, Flagstar Bank was acquired by New York Community Bancorp, Inc. (NYCB) and now operates as a key division of NYCB, significantly expanding its geographic footprint and service offerings. While maintaining its brand, Flagstar customers benefit from the larger NYCB network.

Flagstar Bank Stock Information
Flagstar Bank, Inc. is listed on the NYSE under the ticker symbol FBC. The company went public on June 17, 1997

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