Senior Lender, VP

at  Flagstar Bank

Position Title
Senior Lender, VP
Location
New York/1400 Broadway/114025
Job Summary
Provides lending support to the teams of the Private Banking group in the development of personal and business loans.
Pay Range: $105,900.00 - $160,238.00 - $203,100.00
Job Responsibilities:

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)

• 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