Credit Products Specialist I – Equipment Finance

🔥 10 minutes ago

🇺🇸 United States – Remote

💵 $82.2k - $131.4k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

💸 Financial Planning and Analysis (FP&A)

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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

• Assist sales in analyzing financial statements, assessing borrower creditworthiness, and preparing credit approval packages within an 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 commercial lending expertise • Use independent judgment and discretion to make decisions regarding the assigned portfolio • Analyze and resolve problems pertaining to the assigned portfolio • Perform special projects and additional duties as required • Adhere to regulatory and compliance policies and standards and complete required compliance training • Maintain compliance with applicable federal, state, and local laws and regulations

🎯 Requirements

• Undergraduate degree (4 years or equivalent) preferred • Bachelor’s degree in Finance, Accounting, Economics, or a related field, or 5+ years of equivalent experience • Minimum 3+ years in credit underwriting, portfolio management, or a related field • 3+ years of experience in the direct specialized line of business, such as specialized commercial industries, capital markets, or corporate commercial banking • Strong financial analysis and risk assessment abilities • Basic understanding of loan structuring and credit agreements • Proficiency in financial modeling and credit decision tools • Strong written and verbal communication skills • Intermediate Excel skills, including financial modeling, pivot tables, and VLOOKUP • Familiarity with credit analysis software • Ability to assess financial data, identify trends, and evaluate borrower creditworthiness • Ability to manage multiple loan requests, meet deadlines, and prioritize tasks effectively • Willingness to develop credit expertise, stay informed on industry trends, and apply new knowledge to underwriting and portfolio management • No unusual physical exertion is involved

🏖️ Benefits

• Medical insurance • Dental insurance • Vision insurance • Life insurance • Disability insurance • Comprehensive leave program • Variable incentives, bonuses, commissions, or other awards may be included in total compensation