Senior Relationship Manager - Insurance Banking

Flagstar Bank

6d•Remote

About The Position

The Senior Relationship Manager for our Insurance Banking team. The role generates new business and relationships that will produce revenue from companies, sponsors, developers and businesses. Generates deal flow directly from these clients/prospects and orchestrating a team approach to the relationship. The position is supported by product specialists, portfolio managers (credit, underwriting, transaction approvals/processing) and operational support specialists but remains accountable for all aspects of the relationship. Responsible for the origination, negotiation, structuring, pricing, underwriting, and closing of loans. Manages a complex commercial loan portfolio ensuring the highest loan quality for the organization with minimal risk. Manages the on-going monitoring of portfolio quality and ensures compliance with applicable laws, regulations and guidelines.

Requirements

High School or equivalent
10+ Years of experience within the Insurance Banking.
5+ years of experience with commercial lending credit.
Advanced knowledge of commercial lending credit, underwriting and loan structuring skills.
Advanced analytical skills to understand financial and cash flow analyses.
Advanced negotiation skills in addition to excellent verbal and written communication skills.
Computer proficiency in Microsoft Office applications including; Word and Excel.
Some travel may be required.

Nice To Haves

Undergraduate Degree in business, finance or related field, preferred.

Responsibilities

Develops and maintains relationships to generate direct deal flow; Coordinates the team approach to approving and closing new deals to grow assets and revenues while optimizing profitability (ROE).
Works with assigned portfolio managers, engage with sponsors and borrowers on idea generation and relevant opportunities to expand our relationship.
Partners with management to create action plans that ensure the achievement of goals. Tracks production and revenue, and forecasting results for management based on existing pipelines.
Works with assigned portfolio managers to ensure pro-active monitoring of the credit quality of the portfolio through timely financial statement gathering, monitoring client’s compliance with ongoing required reporting, properly analyzing financial information and taking or recommending appropriate corrective actions based on acceptable levels. Ultimately responsible for managing the banks risk exposure to acceptable levels.
Stays abreast of industry trends and market conditions that could impact the assigned portfolio of relationships and borrowers. 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.