Credit Specialist

2 weeks ago


Troy, Michigan, United States Flagstar Bank, N.A. Full time
Credit Specialist Position at Flagstar

Location: Headquarters-Troy, MI

About the Position:
The Credit Specialist plays a crucial role in supporting Portfolio Managers and Credit Officers within Commercial Credit Risk at Flagstar Bank. This department collaborates with various business segments including C&I, CRE, Regional Business Banking, Warehouse, Treasury, and TPO.

Key Responsibilities:
  • Spreading financial statements
  • Assessing client compliance with financial covenants
  • Ordering due diligence reports as necessary
  • Monitoring financial reporting requirements
  • Assembling market/industry data into reports
  • Creating/updating procedures for cross-training
  • Participating in special projects

Requirements:
  • HS Diploma, GED, or equivalent

Career Path:
After obtaining a Bachelor's degree, potential career progression may include roles such as Credit Analyst, Portfolio Manager, Relationship Manager, and ultimately Chief Lending Officer or Chief Credit Officer.

Additional Opportunities:
There are prospects for advancement within Enterprise Risk Management or Community Banking, including roles like Relationship Manager.

Travel:
Travel is generally not required for this role.

Physical Demands:
No unusual physical exertion is expected for this position.

Star Values/Core Competencies:
At Flagstar, employees are encouraged to embody Star Values like Service, Trust, and Accountability in their daily interactions and tasks.

We're looking for a dedicated Credit Specialist to join our team and contribute to the success of our Commercial Credit Risk department. If you are detail-oriented, proactive, and enjoy working in a dynamic environment, consider applying for this position at Flagstar Bank.

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