Credit Products Specialist II - Subscription Finance

Flagstar Bank; United States; Remote; USD 117,000 - 194,000; Full time

Job summary

A leading financial institution seeks a Credit Products Specialist II to manage and underwrite complex commercial credit transactions. The candidate will analyze credit risks, negotiate terms, and contribute to the growth of junior staff. This role ensures strategic recommendations and enhances client satisfaction in the financial sector.

Benefits

Medical, dental, and vision insurance

Life and disability insurance

Comprehensive leave program

Qualifications

• Education: Bachelor's degree in Finance, Accounting, or Economics or equivalent experience.
• 7+ years in commercial credit analysis or underwriting.
• Experience in specialized industries and complex loan structuring.

Responsibilities

• Lead underwriting for complex loan requests and assess creditworthiness.
• Monitor portfolio performance and proactively identify credit risks.
• Negotiate credit agreements and mentor junior team members.

Skills

Advanced Financial & Credit Analysis

Risk Assessment & Decision-Making

Negotiation Skills

Process & Portfolio Management

Stakeholder Influence

Project Management

Legal & Compliance Understanding

Technology & Data Utilization

Education

Undergraduate Degree in Finance, Accounting, Economics

Tools

Financial analysis tools

CRM systems

Underwriting software

Job description

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 - $193,355 Pay 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