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Senior Lender, VP

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Flagstar Bank

2024-09-28 12:38:03

Job location New York City, New York, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Provides lending support to the teams of the Private Banking group in the development of personal and business loans.

Responsibilities Include:

  • Approves credit requests for credits within assigned credit authority and prepares underwriting analysis and credit offering memo.
  • Analyzes applicant financial status, credit, property to determine feasibility of granting loan, or submits application to credit analyst for verification and recommendation.
  • Maintains database and monitors performance of loans.
  • Meets with prospects and clients of Private Client Groups and interviews applicants to request specified information for loan applications.
  • Works closely with outside counsel for documentation on loan transactions.
  • Approves credit overrides from financial centers and private client groups for loans.
  • Notifies Chief Credit Officer immediately of any credit quality issues within portfolio.

Requirements:

  • High school diploma or equivalent required. Bachelor's degree in related field preferred.
  • Minimum 3 years' commercial lending experience at a large financial institution.
  • Strong credit exposure; Experience with upper middle market/large corporate ($50 million+ in revenue); Complex loans; Managed large portfolios ($150 million in commitment/$100 million outstanding loans)
  • Ability to analyze financial statements, ratios, and cash flow analysis
  • Must possess excellent communication skills both written and verbal.
  • Proficiency with MS Office Suite (Outlook, Excel, Word)

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