Senior Lender - SVP

Company: Flagstar Bank
Location: New York
Posted on: October 27, 2024

Job Description:

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

Keywords: Flagstar Bank, Passaic , Senior Lender - SVP, Other , New York, New Jersey