Senior Portfolio Manager - Specialty Finance

Flagstar Bank

5d • $165,621 - $281,556

About The Position

The Senior Portfolio Manager for Specialty Finance is responsible for the ongoing credit and relationship management of a portfolio of asset-based lending relationships. This role partners with Relationship Managers, Credit Officers, and Operational teams to assess risk, monitor collateral performance, and ensure compliance with loan agreements. The Portfolio Manager Sr-Asset Based Finance plays a key role in identifying risk trends, structuring amendments or renewals, and providing high-quality service to borrowers.

Requirements

• High School Diploma or equivalent
• 7+ Years of experience in commercial lending or credit analysis, with preference for ABL exposure.
• Strong understanding of collateral monitoring, borrowing base certificates, and field exams.
• Excellent credit analysis, risk assessment, and decision-making skills.
• Proficiency in Microsoft Excel and working knowledge of financial statement analysis.
• Effective interpersonal and communication skills for internal and client-facing work.
• 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

• Undergraduate Degree (4 years or equivalent) in business, finance or some other related field.
• Formal credit training, preferred.

Responsibilities

• Manage and monitor an assigned portfolio of ABL loans, ensuring compliance with credit approval terms, financial covenants, borrowing bases, and reporting requirements.
• Analyze borrower financials, collateral trends, borrowing base availability, and operational performance to assess credit risk and recommend appropriate actions.
• Partner with Relationship Managers and Credit Officers to structure and document amendments, renewals, and increases as needed.
• Conduct field exam reviews, appraisal analysis, and coordinate periodic audits with third-party vendors or internal teams.
• Prepare and present internal reporting, including risk ratings, portfolio reviews, and watchlist updates.
• Participate in portfolio reviews with senior leadership.
• Respond to borrower inquiries, support relationship development, and ensure a high standard of client service.
• Collaborate with Loan Operations and Treasury Management on loan setup, funding, and collateral management workflows.
• Uses independent judgement and discretion to make decisions.
• Analyzes and resolves problems.
• 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
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees