Sales Manager, Professional Lending Group

4 weeks ago


Albany, New York, United States Flagstar Bank, N.A. Full time

Flagstar Bank, N.A. is seeking a highly skilled Sales Manager to join our Professional Lending Group. As a Sales Manager, you will be responsible for representing the Professional Lending Group to firms and borrowers, and working in tandem with other Flagstar Bank sales teams.

The ideal candidate will have a strong understanding of private equity fund finance basics, including capital calls, distributions, fair market value, and applicable taxes; as well as basic loan mechanics including interest rates, credit types, loan to value ratio, debt to income ratio, advance rate, and amortization.

Key responsibilities will include communicating with firm contacts, credit, and the documentation team to negotiate and book loan programs, and then coordinating between the firm and Sales Support team for a seamless borrower rollout.

The Sales Manager will also be responsible for reviewing credit memos and approving loans as a credit officer, and maintaining a book of clients beyond the initial loan program.

Key qualifications include a minimum of 3 years in a financial sales role, with a strong ability to work effectively in a team environment balancing individual responsibilities with bigger picture goals.

Preferred qualifications include an undergraduate degree in business or finance, and 5 years in financial sales working with credit, lending, or private credit.

Flagstar Bank, N.A. is an equal opportunity employer and offers a competitive salary and benefits package.



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