Position Title
Lender - VP
Location
New York/1400 Broadway/114025
Job Summary
Assists the manager of the Financial Center and Private Client Groups in the development of personal and business loans.
Pay Range: $105,900.00 - $160,238.00 - $203,100.00
Pay Range: $105,900.00 - $160,238.00 - $203,100.00
Job Responsibilities:
Job Responsibilities
- 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.
Job Requirements:
Required Qualifications
- High school diploma or general education degree (GED) and one to two years of related experience.
- Minimum 3 years commercial lending- at lending money center bank.
- 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)
- Analyzing financial statements/ratios & cash flow analysis
- Lending to business/individuals
- Commercial lending/credit analysis
- Excellent written/spoken communications skills
MS Office proficient
Preferred Qualifications
- Bachelor's degree in business or related field
- Formal credit training
Flagstar is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, or national origin.
Top Skills
What We Do
Thank you for visiting Flagstar Bank on LinkedIn, and we look forward to being part of your financial journey. On December 1, 2022, New York Community Bank (NYCB) and Flagstar Bank joined together to become one company. Today, New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The company is headquartered in Hicksville, New York. At June 30, 2024, the company had assets of $119.1 billion. We operate over 400 branches across 10 states, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and on the West Coast. Flagstar Mortgage operates nationally through a wholesale network of approximately 3,000 third-party mortgage originators. We believe in cultivating a diverse, inclusive, and respectful workplace that engages employees, broadens perspectives, and encourages teamwork. We hire people who represent the talents, experiences, backgrounds, and diversity of the communities we serve. Together our goal is to deliver a new energy in banking to our customers, opening new doors for financial and personal success. Customers will have access to a broad spectrum of technology, products and services—all with a shared customer-first approach. Relationships are at the center of all that we do, enhanced by our commitment to delivering local market expertise, personalized solutions, and a long-standing focus on strengthening our communities. Follow us on LinkedIn to stay up to date on news and updates, new hires, community initiatives, access to our collective insights, and banking industry updates that you need to know.
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