Senior Lender, VP - Military Veterans
at Flagstar
Job Description Summary:
Provides lending support to the teams of the Private Banking group in the development of personal and business loans.
Job Description:
Responsibilities Include:
Approves credit requests for credits within assigned credit authority and prepares underwriting analysis and credit offering memo.
Analyzes applicant financial status, credit, property to determine feasibility of granting loan, or submits application to credit analyst for verification and recommendation.
Maintains database and monitors performance of loans.
Meets with prospects and clients of Private Client Groups and interviews applicants to request specified information for loan applications.
Works closely with outside counsel for documentation on loan transactions.
Approves credit overrides from financial centers and private client groups for loans.
Notifies Chief Credit Officer immediately of any credit quality issues within portfolio.
Requirements:
High school diploma or equivalent required. Bachelor's degree in related field preferred.
Minimum 3 years' commercial lending experience at a large financial institution.
Strong credit exposure; Experience with upper middle market/large corporate ($50 million+ in revenue); Complex loans; Managed large portfolios ($150 million in commitment/$100 million outstanding loans)
Ability to analyze financial statements, ratios, and cash flow analysis
Must possess excellent communication skills both written and verbal.
Proficiency with MS Office Suite (Outlook, Excel, Word)
New York, NY
On December 1, 2022, New York Community Bank (NYCB) and Flagstar Bank joined together to become one company. Today, New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The company is headquartered in Hicksville, New York, with regional headquarters in Troy, Michigan. The combined company has assets of nearly $90 billion.
Together, we operate almost 390 branches across 10 states, including strong footholds in the Northeast and Midwest with exposure to high growth markets in the Southeast and on the West Coast. Its Flagstar Mortgage Division operates a national residential mortgage business through more than 80 retail home lending offices and a wholesale network of 3,000 third-party mortgage originators. We believe in cultivating a diverse, inclusive, and respectful workplace that engages employees, broadens perspectives, and encourages teamwork. We hire people who represent the talents, experiences, backgrounds, and diversity of the communities we serve.
Together our goal is to deliver a new energy in banking to our customers, opening new doors for financial and personal success. Customers will have access to a broad spectrum of technology, products and services—all with a shared customer-first approach. Relationships are at the center of all that we do, enhanced by our commitment to delivering local market expertise, personalized solutions, and a long-standing focus on strengthening our communities.