Senior Credit Products Specialist

Job not on LinkedIn

🕒 June 1

🚗 Michigan – Remote

🚗 Michigan – Remote

💵 $123.5k - $198.4k / year

⏰ Full Time

🟠 Senior

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Flagstar Bank

WebsiteLinkedInAll Job Openings

5001 - 10000 employees

🛡️ Insurance

💼 Consulting

🏥 Healthcare

Insurance • Consulting • Healthcare

Flagstar Bank is a diversified commercial bank focused on building relationships to help clients on their financial journeys, whether for personal or business needs. The bank offers a wide range of financial services including personal and business banking, loans, mortgages, wealth management, and investment services. Flagstar is committed to community involvement and meeting the banking needs of diverse neighborhoods, including low- and moderate-income areas, while promoting diversity, equity, and inclusion within its operations.

📋 Description

• Lead the structuring, analysis, and approval of highly complex credit transactions, ensuring risk is balanced with business needs with the assigned specialized vertical or region. • Proactively monitor portfolio risk, identifying industry trends and economic factors impacting credit quality. • Serve as a strategic partner to sales and senior leadership, offering expertise in credit negotiations and deal execution. • Work directly with clients, legal counsel, and internal teams to structure and negotiate credit agreements. • Mentor junior credit professionals, providing training and leadership in credit risk best practices. • Proactively identifies and raises to senior leadership improvement areas in credit processes and procedures. • Uses independent judgement and discretion to make decisions regarding assigned portfolio. • Analyzes and resolves problems pertaining to the assigned portfolio.

🎯 Requirements

• Undergraduate Degree (4 years or equivalent) in Finance, Accounting, Economics, or a related field or 12+ years of equivalent experience • 8+ Years in commercial credit analysis/structuring, underwriting, portfolio management and risk analysis • 8+ years of experience in the direct specialized line of business (Specialized commercial industries, capital markets, corporate commercial banking, etc.) • Deep expertise in structuring and negotiating complex credit agreements. • Strong leadership skills with the ability to influence credit strategy and policy. • In-depth understanding of macroeconomic factors and their impact on credit risk. • Proven ability to manage large portfolios and advise senior executives. • Exceptional communication and stakeholder management skills. • Well versed in legal documentation (e.g., Credit Agreements) and positioned to both develop more junior associates on the topic, interact with internal and external legal counsel, and negotiate directly with clients.

🏖️ Benefits

• medical, dental, vision, life, and disability insurance • comprehensive leave program