Credit Products Specialist II - Subscription Finance

Flagstar Bank; Troy (MI); Remote; USD 117,000 - 156,000; Full time

Job summary

Flagstar Bank is seeking a Credit Products Specialist II in Subscription Finance to handle complex commercial credit transactions and manage an assigned loan portfolio. The role emphasizes analyzing credit risk, negotiating terms, and mentoring junior staff while ensuring compliance with regulatory policies. This full-time position is entirely work-from-home, offering a competitive salary based on experience.

Benefits

Medical, dental, and vision insurance

Life and disability insurance

Comprehensive leave program

Qualifications

• Bachelor's degree or 10+ years equivalent experience in commercial credit.
• 7+ years in credit analysis, underwriting, or portfolio management.
• Advanced financial modeling and risk assessment expertise.

Responsibilities

• Lead underwriting efforts for complex loan requests.
• Continuously monitor assigned portfolio for credit risks.
• Provide mentorship to junior team members.

Skills

Negotiation Skills

Risk Assessment

Financial Modeling

Education

Bachelor’s degree in Finance, Accounting, Economics, or a related field

Tools

Financial analysis tools

CRM systems

Job description

Credit Products Specialist II - Subscription Finance page is loaded

Credit Products Specialist II - Subscription Finance

Apply locations Work From Home United States time type Full time posted on Posted Yesterday job requisition id 17663

Position Title

Credit Products Specialist II - Subscription Finance

Location

Nationwide, MI 48098

Job Summary

The Credit Products Specialist II – Specialized plays a key role in structuring and underwriting complex commercial credit transactions while managing an assigned loan portfolio within a specialized vertical or region. This position is responsible for independently analyzing credit risk, negotiating loan terms, and providing strategic recommendations to relationship and credit teams. By proactively monitoring portfolio performance and identifying emerging risks, this role ensures sound credit decisions and long-term client success. The position also supports the professional development of junior team members by sharing expertise and best practices.

Pay Range: $117,195 - $155,270 - $193,355Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

JOB RESPONSIBILITIES

• Credit Structuring & Underwriting: Lead underwriting efforts for complex loan requests, assessing creditworthiness and recommending risk-mitigating structures within the assigned specialized vertical or region.
• Portfolio & Risk Management: Continuously monitor assigned portfolio to proactively identify credit risks, trends, and financial performance concerns.
• Client & Stakeholder Engagement: Partner with sales in negotiations and client discussions, ensuring alignment between client needs and risk appetite.
• Credit Agreement Review: Collaborate with legal teams to review and negotiate credit agreements, ensuring compliance with bank policies and risk management frameworks.
• Mentorship & Training: Provide guidance to junior credit professionals, enhancing team capabilities and fostering a strong credit culture. Identifies and raises to 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.

Required Qualifications:

• Education level required: Undergraduate Degree (4 years or equivalent) Bachelor’s degree in Finance, Accounting, Economics, or a related field or 10+ years of equivalent experience
• Minimum experience required: 7+ Years in commercial credit analysis, underwriting, or portfolio management.
• 7+ years of experience in the direct specialized line of business (Specialized commercial industries, capital markets, corporate commercial banking, etc.)
• Advanced financial modeling and risk assessment expertise.
• Strong negotiation skills and ability to collaborate with clients.
• Experience structuring complex loan transactions.
• Ability to analyze macroeconomic trends and their impact on credit risk.

Job Competencies:

• Advanced Financial & Credit Analysis: Strong command of financial modeling, industry-specific credit risks, and structuring commercial credit transactions.
• Risk Assessment & Decision-Making: Ability to proactively identify potential credit risks and recommend risk mitigation strategies.
• Negotiation Skills: Works with RMs and clients to structure loan terms that align with both client needs and risk parameters.
• Process & Portfolio Management: Manages complex portfolios, ensuring proactive monitoring and adherence to credit policies.
• Stakeholder Influence: Builds strong relationships with internal and external partners, effectively communicating credit decisions.
• Project Management: Ability to drive loan structuring and closing processes with minimal oversight.
• Legal & Compliance Understanding: Familiarity with credit agreements, loan documentation, and regulatory requirements.
• Technology & Data Utilization: Proficiency in financial analysis tools, CRM systems, and underwriting software.
• 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

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.