Flagstar
Position Title
Senior Portfolio Manager
Location New York, NY 10018
Job Summary A Portfolio Manager must be an analytical, organized, team-focused individual with good verbal and written communication skills. This individual will be responsible for completing an in-depth analysis of commercial loan requests, as well as making recommendations based on such analysis. Portfolio Managers work in a team environment as a key player within the relationship deal team. Primary responsibilities include underwriting, monitoring and maintaining the credit quality of a loan portfolio as well as managing the loan closing process. Portfolio Managers maintain strong working relationships, depending on experience level, with clients, deal team, credit team, and other internal partners. Pay Range: $117,195 - $155,270 - $193,355 Pay Range: Local Minimum Wage - $0.00 - $0.00 Job Responsibilities: Underwrite, Analyze and Close Loans:
Working with the relationship manager, take a lead role in structuring, underwriting, and analysis of commercial loan requests. Prepare credit approval packages, present recommendations to the credit team/senior management, and close complex commercial loans. Portfolio Management:
Responsible for monitoring the credit quality of the assigned portfolio by periodically evaluating financial trends, covenant compliance, and borrowing bases, including the preparation of annual (or more frequent) reviews. Additionally, manage delinquencies and collateral exceptions. Relationship Management:
Manage client relationships actively along with the deal team. Training:
Mentor, train, and develop junior team members. Maintaining Knowledge:
Stay knowledgeable about various commercial products available to clients as well as general market and industry trends. Job Requirements: 12+ years of experience Handles transactions, relationships, or portfolios with the highest level of complexity Experience mentoring and developing less experienced team members, sharing expertise and insights High-level oral and written interpersonal skills necessary to recommend loan transactions to senior management Excellent leadership and communication skills for smooth loan closings and daily portfolio management Bachelor’s Degree in Business, Finance, or related field Highly advanced credit analysis skills (formal credit training preferred) Demonstrated knowledge of financial statement analysis Excellent interpersonal, verbal, and written communication skills Ability to work effectively in a team environment Ability to interact with all organizational levels Ability to work autonomously, handle multiple projects, and adapt to new challenges Familiarity with nCino, Credit Lens, AFS is a plus Experience in Credit Analysis or Loan Review, preferably in banking industry Equal Opportunity Statement
Flagstar is an Equal Opportunity Employer.
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Location New York, NY 10018
Job Summary A Portfolio Manager must be an analytical, organized, team-focused individual with good verbal and written communication skills. This individual will be responsible for completing an in-depth analysis of commercial loan requests, as well as making recommendations based on such analysis. Portfolio Managers work in a team environment as a key player within the relationship deal team. Primary responsibilities include underwriting, monitoring and maintaining the credit quality of a loan portfolio as well as managing the loan closing process. Portfolio Managers maintain strong working relationships, depending on experience level, with clients, deal team, credit team, and other internal partners. Pay Range: $117,195 - $155,270 - $193,355 Pay Range: Local Minimum Wage - $0.00 - $0.00 Job Responsibilities: Underwrite, Analyze and Close Loans:
Working with the relationship manager, take a lead role in structuring, underwriting, and analysis of commercial loan requests. Prepare credit approval packages, present recommendations to the credit team/senior management, and close complex commercial loans. Portfolio Management:
Responsible for monitoring the credit quality of the assigned portfolio by periodically evaluating financial trends, covenant compliance, and borrowing bases, including the preparation of annual (or more frequent) reviews. Additionally, manage delinquencies and collateral exceptions. Relationship Management:
Manage client relationships actively along with the deal team. Training:
Mentor, train, and develop junior team members. Maintaining Knowledge:
Stay knowledgeable about various commercial products available to clients as well as general market and industry trends. Job Requirements: 12+ years of experience Handles transactions, relationships, or portfolios with the highest level of complexity Experience mentoring and developing less experienced team members, sharing expertise and insights High-level oral and written interpersonal skills necessary to recommend loan transactions to senior management Excellent leadership and communication skills for smooth loan closings and daily portfolio management Bachelor’s Degree in Business, Finance, or related field Highly advanced credit analysis skills (formal credit training preferred) Demonstrated knowledge of financial statement analysis Excellent interpersonal, verbal, and written communication skills Ability to work effectively in a team environment Ability to interact with all organizational levels Ability to work autonomously, handle multiple projects, and adapt to new challenges Familiarity with nCino, Credit Lens, AFS is a plus Experience in Credit Analysis or Loan Review, preferably in banking industry Equal Opportunity Statement
Flagstar is an Equal Opportunity Employer.
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