Credit Officer Sr II

Flagstar Bank

2d • $165 - $303

About The Position

The Senior Credit Officer II serves as a critical leader in the oversight and management of highly complex credit portfolios. Leveraging deep domain expertise, this role is accountable for executing advanced credit analysis, architecting highly intricate credit structures, and delivering forward-looking, risk-aligned recommendations that support the Bank’s strategic portfolio positioning and long-term risk appetite. Plays a pivotal role in cross-functional leadership, shaping credit policy, ensuring adherence to evolving regulatory standards, and driving alignment across business units. Safeguards the integrity of the Bank’s risk framework while advancing strategic business initiatives.

Requirements

• Undergraduate Degree (4 years or equivalent) Business, Finance or related field.
• 12+ Years experience in credit/lending.
• Advanced credit risk analysis and structuring expertise, including deep understanding of complex credit products and financing solutions.
• In-depth knowledge of regulatory frameworks and federal and state lending regulations.
• Strong grasp of macroeconomic and industry-specific trends and their implications for credit risk and portfolio performance.
• Proficiency with credit scoring models, Microsoft Excel, financial modeling tools, and risk management software (e.g., Moody’s RiskCalc, S&P Capital IQ).
• Ability to analyze complex financial data and draw sound conclusions regarding creditworthiness.
• Skilled in making timely and well-informed credit decisions, often under pressure.
• High level of accuracy in reviewing financials, legal documents, and credit reports.
• Clear, concise communication of credit recommendations, risk factors, and policy exceptions to stakeholders.
• Ability to work effectively with relationship managers, clients, and cross-functional teams.
• Ability to identify problems proactively and develop practical, risk-conscious solutions.
• 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.

Nice To Haves

• Master's Degree (or Postgraduate equivalent) Business, Finance or related field.

Responsibilities

• Provide strategic leadership for credit underwriting and portfolio oversight for complex sectors and other nuanced borrower profiles.
• Prepare and review complex and detailed Flagstar Approval Memos, loan modifications, and portfolio reviews, incorporating advanced credit analysis, market intelligence, and tailored structuring techniques.
• Evaluate and make independent decisions on complex credit requests; escalate to higher authorities when appropriate and serve as a senior voting member on internal credit committees.
• Partners with Relationship Managers and deal teams to structure bespoke credit facilities that meet both client needs and the Bank’s risk tolerance.
• Direct asset management planning and participate in the formation of strategic credit strategies for underperforming or high-risk exposures.
• Continuously monitor portfolio performance trends and proactively identify potential credit deterioration, emerging industry risks, or regulatory impacts.
• Participate in high-level strategic screening meetings to evaluate new opportunities and assess risk-return tradeoffs.
• Ensure full compliance with federal, state, and local lending regulations, as well as internal risk frameworks and credit policies.
• Contribute to the development, enhancement, and implementation of credit policies, risk rating models, and portfolio management tools.
• Engage directly with clients and conduct on-site project visits to gain deeper insights into operational and market risks.
• Develop, refine, and monitor key risk indicators (KRIs) and stress testing relevant to portfolios.
• Lead and contribute to special projects, cross-functional initiatives, and process improvement efforts as directed by senior leadership.
• Act as a mentor and subject matter expert to junior credit staff, offering training and development opportunities.
• Continuously refine templates, risk analysis tools, and credit frameworks to enhance decision-making across complex portfolios.
• May be responsible for talent management functions including: employment, performance evaluations, staff development/training, disciplinary actions, succession planning and ensuring all staff comply with compliance requirements.
• 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.

Benefits

• Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level