Credit Products Analyst 1
The Credit Analyst assists Senior Lenders in all matters involving loans and credits. Pay Range : $62,676 - $70,258 - $79,484
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