CRE Credit Products Specialist I

Flagstar Bank; Hicksville (NY); On-site; USD 73,000 - 118,000; Full time

Job summary

A prominent financial institution is seeking a CRE Credit Products Specialist I based in Hicksville, NY. This role involves underwriting and structuring loans, assisting in risk management, and collaborating with Relationship Managers to support complex credit relationships. Candidates should have a Bachelor's degree in Finance or a related field and at least 3 years of experience in credit underwriting. The position offers a competitive salary and benefits in a supportive environment focused on responsible lending and portfolio growth.

Benefits

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

Qualifications

• Undergraduate degree in Finance, Accounting, or related field.
• Minimum 3 years in credit underwriting or portfolio management.
• Strong financial and risk assessment abilities.

Responsibilities

• Assist in analyzing financial statements and preparing credit approval packages.
• Monitor financial trends and identify potential credit risks.
• Collaborate with internal partners to support client needs.

Skills

Financial analysis

Risk assessment

Communication

Teamwork

Analytical thinking

Detail orientation

Education

Bachelor’s degree in Finance, Accounting, Economics

Tools

Financial modeling

Credit decision tools

Excel

Job description

CRE Credit Products Specialist I page is loaded

CRE Credit Products Specialist I

Apply locations Hicksville/102 Duffy Avenue/3797 time type Full time posted on Posted 9 Days Ago job requisition id 17639

Position Title

CRE Credit Products Specialist I

Location

Hicksville, NY 11801

Job Summary

The CRE Credit Products Specialist I supports the underwriting, structuring, and management of commercial credit relationships. This role exists to provide critical financial analysis, assist in risk assessment, and ensure sound credit decision-making. As a key partner to Relationship Managers (RMs), this position helps structure new loan transactions, conduct portfolio monitoring, and identify potential risks. The role provides foundational credit expertise and exposure to client relationships, supporting the bank’s commitment to responsible lending and portfolio growth.

Pay Rate: $73,626 - $95,714 - $117,801

Job Responsibilities:

JOB RESPONSIBILITIES

• Loan Structuring & Underwriting: Assist RMs in analyzing financial statements, assessing borrower creditworthiness, and preparing credit approval packages.
• Portfolio Management: Monitor financial trends, covenant compliance, and borrowing bases to identify potential credit risks and recommend actions.
• Client & Internal Partner Collaboration: Work alongside sales and credit teams to structure deals, address underwriting inquiries, and support client needs. Act as a mentor to analysts, sharing expertise in financial analysis, credit structuring, and risk assessment.
• Credit Knowledge Development: Stay informed on market trends, credit policies, and risk mitigation techniques to strengthen expertise in commercial lending.
• 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) Bachelor’s degree in Finance, Accounting, Economics, or a related field or 5+ years of equivalent experience
• Minimum experience required: 3+ Years in credit underwriting, portfolio management, or a related field.
• Strong financial analysis and risk assessment abilities.
• Basic understanding of loan structuring and credit agreements.
• Proficiency in financial modeling and credit decision tools.
• Effective communication and teamwork skills.

Job Competencies:

• Financial Acumen: Strong foundational understanding of financial statements, key ratios, and credit analysis principles.
• Analytical Thinking: Ability to assess financial data, identify trends, and evaluate borrower creditworthiness.
• Detail Orientation: Ensures accuracy in financial analysis, credit packages, and risk assessments.
• Collaboration & Communication: Works effectively with RMs, credit officers, and other stakeholders; strong written and verbal communication skills.
• Time Management: Ability to manage multiple loan requests, meet deadlines, and prioritize tasks effectively.
• Technology Proficiency: Intermediate Excel skills (financial modeling, pivot tables, VLOOKUP), familiarity with credit analysis software.
• Curiosity & Learning Agility: Willingness to develop credit expertise, stay informed on industry trends, and apply new knowledge to underwriting and portfolio management.
• 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

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CRE Credit Products Specialist I

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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.