Position Title

Lender - VP

Location

New York/1400 Broadway/114025

Job Summary

Assists the manager of the Financial Center and Private Client Groups in the development of personal and business loans.

Pay Range: $105,900.00 - $160,238.00 - $203,100.00

Pay Range: $105,900.00 - $160,238.00 - $203,100.00

Job Responsibilities:

Job Responsibilities

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.

Job Requirements:

Required Qualifications

High school diploma or general education degree (GED) and one to two years of related experience.Minimum 3 years commercial lending- at lending money center bank.Strong credit exposure; Experience with upper middle market/large corporate ($50 million+ in revenue); Complex loansManaged large portfolios ($150 million in commitment/$100 million outstanding loans)Analyzing financial statements/ratios & cash flow analysisLending to business/individualsCommercial lending/credit analysisExcellent written/spoken communications skills
MS Office proficient

Preferred Qualifications

Bachelor's degree in business or related field Formal credit training

Flagstar is an Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, or national origin.