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