The Credit Products Specialist I – Specialized, Franchise Finance role is needed to support the underwriting, structuring, and management of commercial credit relationships, providing critical financial analysis, assisting in risk assessment, and ensuring sound credit decision-making for Flagstar Bank.
Requirements
- 2+ Years in credit underwriting, portfolio management, or a related field.
- 2+ years of experience in the direct specialized line of business (Specialized commercial industries, capital markets, corporate commercial banking, etc.)
- Strong financial analysis and risk assessment abilities.
- Basic understanding of loan structuring and credit agreements.
- Proficiency in financial modeling and credit decision tools.
- Strong foundational understanding of financial statements, key ratios, and credit analysis principles.
- Intermediate Excel skills (financial modeling, pivot tables, VLOOKUP), familiarity with credit analysis software.
Responsibilities
- Assist sales in analyzing financial statements, assessing borrower creditworthiness, and preparing credit approval packages within assigned specialized vertical or region.
- Monitor financial trends, covenant compliance, and borrowing bases to identify potential credit risks and recommend actions.
- Work alongside sales and credit teams to structure deals, address underwriting inquiries, and support client needs.
- Act as a mentor to analysts, sharing expertise in financial analysis, credit structuring, and risk assessment.
- Stay informed on market trends, credit policies, and risk mitigation techniques to strengthen expertise in commercial lending.
- Uses independent judgement and discretion to make decisions regarding assigned portfolio
- Analyzes and resolves problems pertaining to the assigned portfolio.
Other
- Undergraduate Degree (4 years or equivalent) in Finance, Accounting, Economics, or a related field or 5+ years of equivalent experience
- Effective communication and teamwork skills.
- Collaboration & Communication: Works effectively with RMs, credit officers, and other stakeholders; strong written and verbal communication skills.
- Time Management: Ability to manage multiple loan requests, meet deadlines, and prioritize tasks effectively.
- Curiosity & Learning Agility: Willingness to develop credit expertise, stay informed on industry trends, and apply new knowledge to underwriting and portfolio management.
