Position Title
Credit Products Analyst 1
Location
New York, NY 10018
Job Summary
The Credit Analyst assists Senior Lenders in all matters involving loans and credits.
Pay Range : $62,676 - $70,258 - $79,484
Pay Range : Local Minimum Wage - $0.00 - $0.00
Job Responsibilities :
- Spreads and analyzes financial statements and other credit information. Monthly track and spread advance formulas for borrowing base lines of credit.
- May interact directly with clients and prospects on financial matters related to the respective credits.
- Drafts and prepares underwriting analysis and credit offering memorandums (COM's).
- Interacts frequently with Senior Lenders, Group Directors and Lending Operations on credits in the Bank's loan portfolio.
- Assists in preparing files for internal and external audits.
- Assists in monitoring Matured and Maturing Reports.
- Orders and reviews LexisNexis reports and UCC filings.
- Assists in monitoring performance of each credit by calculating financial covenant compliance and downloading loan history from ACBS.
Requirements
High school diploma or general education degree (GED)Accounting or Finance experience preferredMinimum 1 year : commercial / credit related experience (exposure to financial statements, commercial loans, etc.)Experience with Moody's Credit Lens Spread SystemStrong written communication and analytical skillsProficient : Microsoft Word & ExcelStrong work ethicFlagstar is an Equal Opportunity Employer
Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information : Benefits | Flagstar Bank