Senior Lender, VP at Flagstar Bank, N.A. in New York, New York

Job Description:

Position Title
Senior Lender, VP

Location
New York, NY 10018

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

Pay Range: $117,185 - $155,270 - $193,355

Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

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)

Flagstar is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, or national origin.