Credit Products Specialist II - Corporate Banking

Flagstar Bank•New York, NY

23h•Onsite

About The Position

The Credit Products Specialist II – Corporate Banking plays a key role in structuring and underwriting complex corporate credit transactions while managing an assigned loan portfolio. This position is responsible for structuring, diligencing, underwriting and recommending new leveraged corporate banking loan requests while adhering to the bank’s credit policy and established credit standards and guidelines. By proactively monitoring portfolio performance, identifying emerging risks, and timely recommending risk rating changes, 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.

Requirements

Undergraduate Degree (4 years or equivalent) in Finance, Accounting, Economics, or a related field or 10+ years of equivalent experience
4+ Years in corporate banking or leveraged finance credit analysis, underwriting, or portfolio management.
Advanced financial modeling and risk assessment expertise.
Strong negotiation skills and ability to collaborate with clients.
Strong written and verbal communication skills.
Experience structuring complex leveraged corporate banking loan transactions.
Experience underwriting participations in syndicated leveraged corporate banking transactions.
Ability to analyze macroeconomic trends and their impact on credit risk.
Advanced Financial & Credit Analysis: Strong command of financial modeling, industry-specific credit risks, and structuring corporate credit transactions.
Risk Assessment & Decision-Making: Ability to proactively and timely 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 and portfolio management requirements.
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 for large corporate borrowerers, loan documentation, and regulatory requirements.
Technology & Data Utilization: Proficiency in financial analysis tools, CRM systems, and underwriting software including nCino.
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.
Ability to work autonomously, handle multiple projects simultaneously, manage workflow to tight deadlines and adapt to new demands and challenges
Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.

Responsibilities

Lead underwriting efforts for complex corporate banking loan requests, assessing creditworthiness, preparing credit approval packages and recommending risk-mitigating structures.
Continuously monitor assigned portfolio to proactively identify credit risks, trends, and financial performance concerns. Responsible for facilitating timely upgrades or downgrades of risk ratings.
Partner with RMs in negotiations and client discussions, ensuring alignment between client needs and risk appetite.
Collaborate with legal teams to review and negotiate credit agreements, ensuring compliance with bank policies and risk management frameworks.
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.
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.