Credit Products Specialist I - Hospitality, Gaming & Leisure

Flagstar Bank•Charlotte, NC

14d•$82,163 - $131,435

About The Position

The Credit Products Specialist I supports the underwriting, structuring, and management of commercial credit relationships within an assigned line of business or region, including specialized industries such as Hospitality, Gaming & Leisure. The role provides financial analysis, assists with risk assessment, and supports sound credit decisions and responsible portfolio growth. Working with sales and credit teams, the specialist helps structure new loan transactions, monitors portfolios, and identifies potential risks. The position also provides exposure to client relationships and foundational expertise in commercial lending. The specialist uses independent judgment and discretion in decisions regarding an assigned portfolio and analyzes and resolves portfolio-related problems. The role may include mentoring analysts by sharing expertise in financial analysis, credit structuring, and risk assessment. The position also involves special projects and other duties as required, along with adherence to regulatory and compliance policies, standards, laws, and required training.

Requirements

At least 3 years of experience in credit underwriting, portfolio management, or a related field.
At least 3 years of experience in the direct specialized line of business, such as specialized commercial industries, capital markets, or corporate commercial banking.
Strong financial analysis and risk assessment abilities.
Basic understanding of loan structuring and credit agreements.
Proficiency in financial modeling and credit decision tools.
Effective communication and teamwork skills.
Strong foundational understanding of financial statements, key ratios, and credit analysis principles.
Ability to assess financial data, identify trends, and evaluate borrower creditworthiness.
Attention to accuracy in financial analysis, credit packages, and risk assessments.
Ability to collaborate and communicate effectively with relationship managers, credit officers, and other stakeholders; strong written and verbal communication skills.
Ability to manage multiple loan requests, meet deadlines, and prioritize tasks effectively.
Intermediate Excel skills, including financial modeling, pivot tables, and VLOOKUP, and familiarity with credit analysis software.
Willingness to develop credit expertise, stay informed about industry trends, and apply new knowledge to underwriting and portfolio management.

Nice To Haves

Undergraduate degree (four years or equivalent), preferably a bachelor's degree in Finance, Accounting, Economics, or a related field; alternatively, 5 or more years of equivalent experience.

Responsibilities

Assist sales in analyzing financial statements, assessing borrower creditworthiness, and preparing credit approval packages within an assigned specialized vertical or region.
Monitor financial trends, covenant compliance, and borrowing bases to identify potential credit risks and recommend actions.
Collaborate with sales and credit teams to structure deals, address underwriting inquiries, and support client needs.
Mentor analysts and share expertise in financial analysis, credit structuring, and risk assessment.
Stay informed about market trends, credit policies, and risk mitigation techniques to strengthen commercial lending expertise.
Use independent judgment and discretion to make decisions regarding the assigned portfolio.
Analyze and resolve problems pertaining to the assigned portfolio.
Perform special projects and additional duties and responsibilities as required.
Adhere to job-related regulatory and compliance policies and standards, complete required compliance training, and maintain compliance with applicable laws and regulations.