Senior Credit Officer

2 days ago


New York, New York, United States Flagstar Bank Full time
Job Title: Senior Credit Officer - Private Equity

Flagstar Bank is seeking a highly skilled Senior Credit Officer to join our Private Equity team. As a Senior Credit Officer, you will be responsible for analyzing financial statements, creditworthiness, and risk assessment for private equity firms and investment funds.

Key Responsibilities:
  • Analyze financial statements, creditworthiness, and risk assessment for private equity firms and investment funds.
  • Develop and maintain relationships with private equity firms and investment funds.
  • Collaborate with internal teams to originate or modify loan programs.
  • Prepare credit memos and presentations for senior management.
  • Monitor and report on the tracking and performance of loan portfolio.
Requirements:
  • 5+ years of experience in a similar underwriting function (commercial business).
  • Strong direct experience with underwriting investment companies, specifically in the Private Equity industry.
  • Conduct detailed financial analysis and modeling.
  • Perform market research and industry analysis.
  • Assist in the due diligence process.
Preferred Qualifications:
  • Education level: Undergraduate Degree (4 years or equivalent).
  • Ideal candidate will have an understanding of private equity fund finance basics, including capital calls, distributions, fair market value, and applicable taxes.
Job Competencies:
  • Proficient in Outlook, Adobe, Word, Outlook, and Excel including vlookup, pivot tables, functions, and formulas.
  • Ability to spread financials and debt service businesses.
  • Strong financial modeling and analytical skills.
  • Excellent understanding of financial statements and valuation techniques.

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