CRE Portfolio Manager

Flagstar Bank; Hicksville (NY); On-site; USD 65,000 - 104,000; Full time

Benefits offered by this job

Insurance package

Leave program

Bonus incentives

Other benefits

Job summary

Flagstar Bank, N.A. in Hicksville, NY seeks a CRE Portfolio Manager to support underwriting, structuring, and ongoing management of commercial credit relationships.

You will provide financial analysis and risk assessment to help bankers make sound credit decisions and grow the portfolio. As part of a team of RMs and credit professionals, you will structure new loan transactions, monitor covenants, and identify emerging risks while maintaining compliance with applicable laws and internal

Qualifications

• Undergraduate degree in Finance, Accounting, Economics, or 5+ years related experience.
• 2+ years in credit underwriting, portfolio management, or related field.
• Strong financial analysis and risk assessment abilities.
• Fundamental understanding of loan structuring and credit agreements.
• Proficiency in financial modeling and credit decision tools.
• Effective communication and teamwork skills.

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.
• 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.

Skills

Financial analysis

Risk assessment

Credit underwriting

Portfolio management

Communication skills

Excel skills

Credit structuring

Team collaboration

Education

Undergraduate Degree in Finance/Accounting/Economics

Tools

Credit analysis software

Financial modeling tools

Pivot tables (Excel)

Job description

Position Title CRE Portfolio Manager

Location: Hicksville, NY 11801

Job Summary

The CRE Credit Products Portfolio Manager supports the underwriting, structuring, and management of commercial credit relationships. This role exists to provide critical financial analysis, assist in risk assessment, and establish 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.

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.


• 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 5+ years of equivalent experience.


• Minimum experience required: 2+ 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.


• 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.

Equal Opportunity Employer

Flagstar is an Equal Opportunity Employer. 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, and disability insurance.


• A comprehensive leave program.


• Variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment.


• Other benefits as described in the offer of employment.

Pay Range

$64,501.50 - $103,677.00

Company Overview

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.

Recruiting Process Assistance

If you need assistance completing your employment application or if you would like to request a reasonable accommodation, please contact our team at [e-mail].

Equal Opportunity Information

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