Senior Lender (SVP)

FinanceInfos; New York (NY); On-site; USD 180,000 - 260,000; Full time

Benefits offered by this job

401(k)

Auto, Home, Legal, and Pet Insurance

Commuter Benefits

Company Holidays

Dental

Disability Insurance

Emotional Wellness

Employee Assistance Program

Flexible Spending Accounts

Life and AD&D insurance

Medical

Paid Time off

Tuition Reimbursement

Vision

Job summary

Flagstar Bank in New York, NY seeks a Senior Lender (SVP) who will interact with Private Client Groups and their prospects and clients in the development of complex personal and business loans.

The position requires a Bachelor’s Degree in business or a related field (highly preferred), a minimum of 8 years of commercial lending, formal credit training, and prior management experience. You will oversee loan documentation and credit quality, while seeking growth opportunities for the bank.

Qualifications

• Bachelor’s Degree in business or related field (highly preferred).
• Minimum 8 years of commercial lending at a leading money center bank.
• Formal Credit Training (required).
• Prior management experience.

Responsibilities

• Ensures loan agreements are complete and accurate according to policy and comply with approval.
• Interview applicants to request specified information for loan applications.
• Maintains database and monitors the performance of loans.
• Notifies the Portfolio Management Team Leader – SVP immediately of any credit quality issues within the portfolio.
• Recommends requests that exceed credit quality to Portfolio Management Team Leader – SVP.
• Reviews daily referrals for overdrafts and unavailable funds from financial centers and private client groups.
• Review financial reports submitted by clients to monitor compliance.
• Seeks opportunities outside the bank to develop prospects for loans.
• Works closely with outside counsel for documentation on loan transactions.

Skills

Analyzing financial statements

Cash flow analysis

Financial ratios

Lending to individuals/businesses

Education

Bachelor's Degree in business or related field

Job description

Job Highlights

• Title Senior Lender (SVP)
• Type Full Time
• Experience 8 Years
• Function Commercial/Private Banking
• Location New York, NY, United States
• Company Flagstar Financial

Company Profile

Flagstar Bank is a subsidiary bank of Flagstar Financial. The bank provides customers with easy access to the full range of products and services.

Job Profile

The bank is hiring a Senior Lender (SVP) who will interact with Private Client Groups and their prospects and clients in the development of complex personal and business loans.

Education Level

• Bachelor’s Degree in business or related field (highly preferred)

Work Experience

• Minimum 8 years of commercial lending at a leading money center bank
• Formal Credit Training (required)
• Prior management experience

Duties/Responsibilities

• Ensures loan agreements are complete and accurate according to policy and comply with approval.
• Interview applicants to request specified information for loan applications.
• Maintains database and monitors the performance of loans.
• Notifies the Portfolio Management Team Leader – SVP immediately of any credit quality issues within the portfolio.
• Recommends requests that exceed credit quality to Portfolio Management Team Leader – SVP.
• Reviews daily referrals for overdrafts and unavailable funds from financial centers and private client groups.
• Review financial reports submitted by clients to monitor compliance.
• Seeks opportunities outside the bank to develop prospects for loans.
• Works closely with outside counsel for documentation on loan transactions.

Skills/Knowledge/Abilities

• Knowledge of Analyzing financial statements, cash flow analysis, and financial ratios
• Thorough knowledge of lending to individuals/businesses

Benefits/Perks

• 401(k)
• Auto, Home, Legal, and Pet Insurance
• Commuter Benefits
• Company Holidays
• Dental
• Disability Insurance
• Emotional Wellness
• Employee Assistance Program
• Flexible Spending Accounts
• Life and AD&D insurance
• Medical
• Paid Time off
• Tuition Reimbursement
• Vision

Employer’s Statement

Flagstar is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.