Senior Lender

2 weeks ago


Melville, United States Flagstar Bank Full time
The Senior Lender - VP Assist the managers of the Financial Center and Private Client Groups in the development of personal and business loans.

JOB DUTIES:

  • Meets with prospects and clients of Private Client Groups and interviews applicants to request specified information for loan applications.
  • Monitors credit quality of loan portfolios as well as performance of each credit.
  • Approves credit requests for credits within assigned credit authority and prepares underwriting analysis and credit offering memo.
  • Notifies Chief Credit Officer immediately of any credit quality issues within portfolio.
  • Reviews financial reports submitted by clients to monitor compliance.
  • Ensures loan agreements are complete and accurate according to policy and comply with approval.
  • Maintains database and monitors performance of loans.
  • Works closely with outside counsel for documentation on loan transactions.

QUALIFICATIONS:

  • 5 years: commercial lending at leading money center bank
  • Formal Credit Training required
  • Bachelor's degree in business or related field highly preferred
  • Prior management experience
  • Commercial lending/credit analysis experience
  • Knowledge of Analyzing financial statements, cash flow analysis, financial ratios
  • Knowledge of Lending to individuals/businesses

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