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Credit Products Analyst 1

Credit Products Analyst 1

Flagstar BankNew York, NY, United States
10 hours ago
Job type
  • Full-time
Job description

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 preferred
  • Minimum 1 year : commercial / credit related experience (exposure to financial statements, commercial loans, etc.)
  • Experience with Moody's Credit Lens Spread System
  • Strong written communication and analytical skills
  • Proficient : Microsoft Word & Excel
  • Strong work ethic
  • Flagstar 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

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