Flagstar Bank

Compensation

Full Description

Position Title Credit Products Analyst II Location Hicksville, NY 11801 Job Summary Job Profile Summary The Commercial Credit Analyst II builds upon foundational credit experience by taking on more complex underwriting and portfolio management responsibilities. This role plays a key part in supporting Credit Products Specialists in assessing credit risk, structuring commercial loans, and monitoring portfolio performance. Analysts are expected to independently conduct financial analysis, prepare risk ratings, and provide insights on credit decisions, while continuing to refine industry expertise and technical skills. Pay Range: $64,022 - $83,229 - $102,436 Pay Range: Local Minimum Wage - $0.00 - $0.00 Job Responsibilities: Credit Risk Analysis & Portfolio Management: • Conduct financial spreading and risk rating analysis. • Perform detailed credit due diligence and industry research. • Prepare annual and periodic credit reviews. • Monitor borrower performance and track financial covenants. • Recommend risk rating adjustments based on financial trends. Loan Structuring & UnderwritingSupport: • Assist Credit Products Specialists in structuring new loans and modifications. • Prepare internal credit approval memoranda. • Conduct market and collateral analysis. • Review and interpret due diligence reports. • Partner with Relationship Managers to prepare financing-related pitch materials. Relationship & Internal Collaboration: • Work closely with RMs, Credit Officers, and Credit Products Specialists to provide data-driven insights. • Participate in client discussions and presentations as needed. Special Projects & Professional Development: • Contribute to process improvement initiatives. • Continue professional development through credit training programs. • Support policy updates and regulatory compliance efforts. ADDITIONAL ACCOUNTABILITIES • Performs special projects, and additional duties and responsibilities as required. • Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations. JOB REQUIREMENTS Required Qualifications: • Education level required: Undergraduate Degree (4 years or equivalent) in finance, accounting, economics, or a related discipline. • Minimum experience required: 3+ Years in commercial banking, credit analysis, or a related field. Preferred Qualifications: • Exposure to commercial credit structuring and deal underwriting beneficial. Job Competencies: • Advanced Financial & Credit Analysis: Proficiency in financial modeling, credit risk assessment, and industry research. • Risk Assessment & Decision-Making: Ability to analyze complex credit situations and recommend solutions. • Process & Portfolio Management: Strong skills in tracking financial reporting and monitoring credit agreements. • Collaboration & Influence: Works effectively with RMs, Credit Officers, and external partners. • Problem Solving: Applies critical thinking to resolve credit issues and assess risk exposure. • Technology & Data Utilization: Proficient in financial analysis tools, CRM systems, and Excel (pivot tables, financial modeling). • Physical demands (ADA): No unusual physical exertion is involved. 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 Skills: Accounting, Alliance/Partner Management, Commercial Banking, Commercial Loans, Credit Analysis, Credit Risk, Customer Relationship Management (CRM) Systems, Due Diligence, Economics, Federal Laws and Regulations, Finance, Financial Analysis, Financial Modeling, Financial Reporting, Financial Risk, Financial Trend Analysis, Investment Management, Loan Portfolio, Loan Restructuring, Loan Structuring, Maintain Compliance, Market Analysis, Performance Analysis, Physical Demands, Pivot Tables, Portfolio Analysis, Problem Solving Skills, Process Improvement, Process Management, Product Support, Regulatory Compliance, Risk, Risk Analysis, Sales Presentation, State Laws and Regulations, Training Program, Underwriting About the Company: Flagstar Bank 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.. Company Size: 1,000 to 1,499 employees Industry: Financial Services Founded: 0 Website: http://www.flagstar.com