Corporate Banking Portfolio Manager III

Flagstar Bank; New York (NY); On-site; USD 99,000 - 133,000; Full time

Job summary

An established industry player is seeking a Corporate Banking Portfolio Manager III to join their dynamic team in New York. This role requires an analytical and organized individual with strong communication skills, responsible for underwriting and managing Corporate Banking loan requests. You will collaborate closely with relationship managers, mentor junior colleagues, and maintain vital client relationships. The position offers a unique opportunity to influence the credit quality of a diverse loan portfolio while contributing to the growth of the organization. If you are passionate about finance and eager to make a significant impact, this is the perfect opportunity for you.

Qualifications

• 8-12 years of experience in Corporate Banking or leveraged finance.
• Advanced credit analysis skills and experience mentoring team members.

Responsibilities

• Structure, underwrite, and close complex Corporate Banking loans.
• Monitor credit quality and manage client relationships.

Skills

Credit Analysis

Financial Statement Analysis

Interpersonal Skills

Team Collaboration

Mentoring

Problem Solving

Education

Bachelor’s Degree in Business

Bachelor’s Degree in Finance

Tools

nCino

Credit Lens

AFS

Job description

Corporate Banking Portfolio Manager III page is loaded

Corporate Banking Portfolio Manager III

Apply locations New York/1400 Broadway/114025 Charlotte/121 West Trade Street/Signature - 001 time type Full time posted on Posted Today job requisition id 17402

Position Title

Corporate Banking Portfolio Manager III

Location

New York, NY 10018

Job Summary

A Portfolio Manager must be an analytical, organized, team-focused individual with strong verbal and written communication skills. This individual will be responsible for structuring, delicensing, underwriting and recommending new Corporate Banking loan requests while ensuring adherence to the Bank’s credit policy and established credit standards and guidelines. A Portfolio Manager works in a team environment as a key player within the relationship deal team. Additional responsibilities include monitoring and maintaining the credit quality of a loan portfolio and recommending risk rating changes, and is involved with the loan closing process and mentoring junior colleagues. Portfolio Managers maintain strong working relationships, based on experience level, with clients, deal team, credit team and other internal partners.

Pay Range: $99,733 - $132,144 - $164,557

Job Responsibilities:

• Structure, Underwrite, Analyze and Close Loans: Collaborate with the relationship manager, lead the structuring, diligence and underwriting of new leveraged Corporate Banking loan requests. Prepare credit approval packages, present recommendations to the credit team/senior management, and close complex Corporate Banking loans. Should have experience with underwriting participations in syndicated transactions as well as experience structuring and underwriting agented or bilateral leveraged transactions.
• Portfolio Management: Monitor the credit quality of the assigned portfolio by periodically evaluating financial trends and covenant compliance, including the preparation of annual (or more frequent) reviews. Responsible for identifying increasing or decreasing risk in assigned portfolio accounts and facilitating a timely upgrade or downgrade of risk rating. Evaluate amendment requests and present recommendations to credit team/senior management.
• Relationship Management: Highly visible role in managing the client relationship along with the relationship manager.
• Training: Mentor, train and develop junior team members.
• Maintaining Knowledge: Knowledgeable about the various commercial products available to clients as well as general market/industry trends.

Required Qualifications

• 8 - 12 years of experience
• Handles transactions/relationships/portfolio with high level of complexity
• Experience working with less experienced team members to mentor and develop them, sharing expertise and insights
• Bachelor’s Degree: Business, Finance or related field
• Must possess highly advanced credit analysis skills (prefer a candidate with formal credit training)
• Previous experience in Corporate Banking or leveraged finance
• Demonstrated strong knowledge of accounting and financial statement analysis
• Excellent interpersonal and verbal and written communication skills
• Excels in a team environment
• Experience with underwriting participations in syndicated transactions
• Ability to effectively interact with all levels of leadership and employees within the organization
• Ability to work autonomously, handle multiple projects simultaneously, manage workflow to tight deadlines, and adapt to new demands and challenges
• Strong work ethic
• Familiarity with nCino, Credit Lens, AFS is a plus

Flagstar is an Equal Opportunity Employer.

About Us

Who We Are

Flagstar Bank is a diversified consumer and commercial bank grounded in building relationships to meet clients where they are on their financial journeys.

Our History

Our parent company, New York Community Bancorp, Inc., is based in Hicksville, NY, and has $116.3 billion in assets, $85.6 billion in loans, $81.4 billion in deposits, and $10.8 billion in total stockholder equity. We are a leading regional bank with 420 banking branches, 134 private client banking teams, wholesale lending via approximately 3,000 third-party originators, retail mortgage lending, multifamily lending, mortgage servicing, and subservicing. We’re also the second largest mortgage warehouse lender nationally based on total commitments. Flagstar has strong footholds in the Northeast and Midwest and exposure to high-growth markets in the Southeast and West Coast.

What We Do

We are driven by our commitment to partner with our clients to set and reach goals together, helping them to take charge and thrive.