Position Title

Credit Products Analyst 1

Location

New York, NY 10018

Job Summary

The Credit Analyst assists Senior Lenders in all matters involving loans and credits.

Pay Range: $62,676 - $70,258 - $79,484

Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

• Spreads and analyzes financial statements and other credit information. Monthly track and spread advance formulas for borrowing base lines of credit.
• May interact directly with clients and prospects on financial matters related to the respective credits.
• Drafts and prepares underwriting analysis and credit offering memorandums (COM’s).
• Interacts frequently with Senior Lenders, Group Directors and Lending Operations on credits in the Bank's loan portfolio.
• Assists in preparing files for internal and external audits.
• Assists in monitoring Matured and Maturing Reports.
• Orders and reviews LexisNexis reports and UCC filings.
• Assists in monitoring performance of each credit by calculating financial covenant compliance and downloading loan history from ACBS.

Requirements

• High school diploma or general education degree (GED)
• Accounting or Finance experience preferred
• Minimum 1 year: commercial/credit related experience (exposure to financial statements, commercial loans, etc.)
• Experience with Moody's Credit Lens Spread System
• Strong written communication and analytical skills
• Proficient: Microsoft Word & Excel
• Strong work ethic

Flagstar is an Equal Opportunity Employer

Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank