Senior Lender - SVP at Flagstar Bank, N.A.

Posted in General Business 11 days ago.

Type: Full-Time
Location: New York, New York





Job Description:

Position Title
Senior Lender - SVP

Location
NY / 1400 Broadway Floor 23

Job Summary
The Senior Lender - SVP interacts with Private Client Groups and their prospects and clients in the development of complex personal and business loans.

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

Job Responsibilities:

JOB DUTIES:


  • Interviews applicants to request specified information for loan applications.

  • Recommends requests that exceed credit quality to Portfolio Management Team Leader - SVP.

  • Notifies Portfolio Management Team Leader - SVP immediately of any credit quality issues within portfolio.

  • Reviews financial reports submitted by clients to monitor compliance.

  • Ensures loan agreements are complete and accurate according to policy and comply with approval.

  • Reviews daily referrals for overdrafts and unavailable funds from financial center and private client groups.

  • Maintains database and monitors performance of loans.

  • Works closely with outside counsel for documentation on loan transactions.

  • Seeks opportunities outside the bank to develop prospects for loans.

QUALIFICATIONS:


  • Minimum 8 years commercial lending at leading money center bank

  • Formal Credit Training required.

  • Bachelor's degree in business or related field highly preferred

  • Prior management experience

  • Thorough knowledge of lending to individuals/businesses

  • Knowledge of Analyzing financial statements, cash flow analysis, financial ratios





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