Senior Lender
3 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