CRE Credit Products Portfolio Manager Sr

Flagstar Bank; New York (NY); On-site; USD 106,000 - 166,000; Full time

Benefits offered by this job

medical

dental

vision

life

disability insurance

comprehensive leave program

Job summary

Flagstar Bank in New York, NY is seeking a Senior CRE Credit Products Portfolio Manager to strategize, structure, and manage highly complex commercial credit relationships. You will influence credit strategy, provide market insights, and mentor junior professionals to elevate underwriting standards.

The role partners with relationship managers and senior leadership, negotiates credit agreements, monitors portfolio risk, and drives risk-aware deal execution.

Qualifications

• Undergraduate degree in Finance, Accounting, Economics, or 12+ years of equivalent experience.
• 10+ years in commercial credit analysis, structuring, underwriting, and risk analysis.
• Deep expertise in structuring and negotiating complex credit agreements.

Responsibilities

• Lead structuring, analysis, and approval of complex credit transactions.
• Monitor portfolio risk and identify industry trends affecting credit quality.
• Partner with RMs and senior leadership on negotiations and deal execution.
• Mentor junior credit professionals and train on risk best practices.
• Collaborate with clients and legal counsel to negotiate credit agreements.

Skills

Credit analysis

Portfolio management

Leadership

Negotiation

Stakeholder management

Education

Undergraduate degree in Finance/Accounting/Economics

MBA or CFA preferred

Job description

Position Title

CRE Credit Products Portfolio Manager Sr

Location: New York, NY 10018

Job Summary

The Senior CRE Credit Products Portfolio Manager is a strategic advisor responsible for structuring, negotiating, and managing highly complex commercial credit relationships. This role influences credit strategy by providing deep market insights, proactive risk identification, and innovative deal structuring solutions. With extensive experience in credit analysis and portfolio management, this position ensures long-term portfolio health while supporting the bank’s growth objectives. Additionally, this role serves as a mentor and thought leader, developing junior credit professionals and shaping best practices in underwriting and risk management.

Job Responsibilities

• Lead the structuring, analysis, and approval of highly complex credit transactions, ensuring risk is balanced with business needs.
• Proactively monitor portfolio risk, identifying industry trends and economic factors impacting credit quality.
• Serve as a strategic partner to RMs and senior leadership, offering expertise in credit negotiations and deal execution.
• Work directly with clients, legal counsel, and internal teams to structure and negotiate credit agreements.
• Mentor junior credit professionals, providing training and leadership in credit risk best practices.
• Proactively identifies and raises to senior leadership improvement areas in credit processes and procedures.
• Uses independent judgement and discretion to make decisions regarding assigned portfolio.
• Analyzes and resolves problems pertaining to the assigned portfolio.

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

• Education level required: Undergraduate Degree (4 years or equivalent) in Finance, Accounting, Economics, or a related field or 12+ years of equivalent experience.
• Minimum experience required: 10+ Years in commercial credit analysis/structuring, underwriting, portfolio management and risk analysis.
• Deep expertise in structuring and negotiating complex credit agreements.
• Strong leadership skills with the ability to influence credit strategy and policy.
• In-depth understanding of macroeconomic factors and their impact on credit risk.
• Proven ability to manage large portfolios and advise senior executives.
• Exceptional communication and stakeholder management skills.
• As relevant for the supported line of business, well versed in legal documentation (e.g., Credit Agreements) and positioned to both develop more junior associates on the topic, interact with internal and external legal counsel, and negotiate directly with clients.

Preferred Qualifications

• Education level preferred: Master's Degree (or Postgraduate equivalent) MBA or CFA preferred.

Job Competencies

• Deep knowledge of complex commercial lending structures, industry trends, and economic factors impacting credit risk.
• Ability to assess portfolio risk at a macro level, identifying patterns and trends that inform credit strategy.
• Strong ability to interact with senior leadership, legal teams, and high-profile clients on structuring and negotiating credit agreements.
• Expertise in negotiating complex loan terms, partnering with legal counsel and senior RMs to finalize agreements.
• Serves as a mentor to junior credit professionals, developing talent and fostering a strong credit culture.
• Identifies opportunities for process improvement, technology adoption, and best practice implementation.
• Deep understanding of credit policies, compliance standards, and legal considerations in lending.
• Ability to articulate complex credit decisions clearly and persuasively to internal and external stakeholders.
• Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights.
• Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
• Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.
• Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.

Physical Demands (ADA)

No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer - Vets/Disabled

We are committed to providing clear and accurate compensation information in accordance with applicable laws.

Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law.

Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment.

Benefits

• medical
• dental
• vision
• life
• disability insurance
• comprehensive leave program

Pay Range: $106,023.75 - $165,862.00

Flagstar Bank, N.A. is based in Hicksville, NY, and at December 31, 2025, had $87.5 billion in assets, $60.7 billion in loans, $66 billion in deposits, and $8.1 billion in total stockholder equity. We are a leading regional bank with approximately 340 locations, and strong footholds in the greater New York/New Jersey metropolitan region and in the upper Midwest, along with a significant presence in fast-growing markets in Florida and the West Coast. We are driven by our commitment to partner with our clients to set and reach goals together, helping them to take charge and thrive. Our focus is on four core lines of business that include Personal, Private, Small Business and Corporate & Commercial Banking.

Flagstar Bank is committed to ensuring that you can successfully engage in our recruiting process.

Equal Opportunity Employer For more Information: EEOC_KnowYourRights Member FDIC/Equal Housing Lender