Senior Loan Specialist

1 day ago


New York, New York, United States Flagstar Bank Full time
Job Overview:
Flagstar Bank seeks a Senior Loan Specialist to support the Private Banking group in New York. As a key member of our team, you will be responsible for providing lending support and expertise to our clients. This role requires strong credit analysis skills, excellent communication abilities, and a passion for delivering exceptional client service.

Key Responsibilities:
  • Approve credit requests within assigned authority, preparing underwriting analysis and credit memos.
  • Analyze applicant financial status, credit, and property to determine loan feasibility.
  • Maintain accurate loan databases and monitor portfolio performance.
  • Meet with clients and prospects to request loan application information.
  • Collaborate with outside counsel on loan documentation.
  • Authorize credit overrides from financial centers and private client groups.
  • Notify the Chief Credit Officer of any credit quality issues.

Requirements:
To succeed in this role, you will need:
  • A high school diploma or equivalent; a bachelor's degree is preferred.
  • Minimum 3 years of commercial lending experience at a large financial institution.
  • Strong credit exposure and ability to analyze complex loans.
  • Excellent communication and analytical skills.
  • Proficiency in MS Office Suite.

Salary Range: $105,900 - $203,100 per year.

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