Senior Lender

2 weeks ago


Garden City, United States Flagstar Bank Full time

The Senior Lender - SVP interacts with Private Client Groups and their prospects and clients in the development of complex personal and business loans.

JOB DUTIES

  • Interviews applicants to request specified information for loan applications.
  • Recommends requests that exceed credit quality to Portfolio Management Team Leader - SVP.
  • Notifies Portfolio Management Team Leader - SVP 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.
  • Reviews daily referrals for overdrafts and unavailable funds from financial center and private client groups.
  • Maintains database and monitors performance of loans.
  • Works closely with outside counsel for documentation on loan transactions.
  • Seeks opportunities outside the bank to develop prospects for loans.

QUALIFICATIONS:

  • Minimum 8 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
  • Thorough knowledge of lending to individuals/businesses
  • Knowledge of Analyzing financial statements, cash flow analysis, financial ratios


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