Credit Analyst 1

The position is the first stepping stone in the commercial training program designed to provide the experience and tools necessary to grow within the professional environment of commercial lending and credit risk. The Analyst will support Portfolio Managers and Credit Officers within Commercial Credit Risk, which workswith multiple business segments including C&I, CRE, Regional Business Banking, BBG, Warehouse, Treasury, and TPO. Essential functions include: • Spreading financial statements and assessing the client's compliance with financial covenants • Complete analysis and review of new loan request packages to identify credit issues and recommend appropriate loan structure • Prepare periodic reviews and analysis of existing commercial relationships focusing on a company's leverage, key risk factors, repayment sources, cash flow and ability to service debt • Ordering due diligence reports (Appraisals, Environmental, Credit Reports, OFAC and Lexis Nexis) as needed • Monitoring and tracking financial reporting requirements • Assembling market/industry data into monthly reports for distribution to Credit staff • Creating/Updating procedures to assist with cross training among business segments • Special projects as needed Pay Range: 49,359.38 - 62,933.20 - 76,507.03 Monitoring of Existing Commercial Loans Examples of duties and responsibilities under this component include but are not limited to the following functions: Spread financial statements and identify concerning trends Pull and review exception reports and work with the Portfolio Manager and Relationship Manager to clear exceptions Track the receipt of financial information (statements, borrowing base certificates, leases, guarantor information, covenants, etc) and validate compliance with the credit agreement Prepare periodic reviews and analysis of existing commercial relationships focusing on a company's leverage, key risk factors, repayment sources, cash flow and ability to service debt Perform private Investor Reviews for Warehouse Assemble market/industry data into reports distributed to credit personnel Make recommendations on risk rating appropriateness of credits Writing of New Loan Request Packages Examples of duties and responsibilities under this component include but are not limited to the following functions: Prepare Flagstar Approval Memos or Modifications to evaluate and determine appropriate credit structure and terms for potential borrowers focusing on a company's leverage, key risk factors, repayment sources, cash flow and ability to service debt Order due diligence reports Spread financial statements and identify concerning trends Obtain market/industry data to compare against the prospect's performance metrics/trends Development Examples of duties and responsibilities under this component include but are not limited to the following functions: The position is the first stepping stone in the commercial training program designed to provide the experience and tools necessary to grow within the professional environment of commercial lending and credit risk. The program will include the following professional development duties: Complete credit specific training courses on an ongoing basis as required by manager Attend routine meetings which will include presentations geared towards teaching the fundamentals of Credit Analysis c. Attend mock review meetings to enhance analytical, presentation, critical thinking and decisioning skills d. Attend credit, sales and deal screen meetings to learn bank's customer appetite Special Projects Examples of duties and responsibilities under this component include but are not limited to the following functions: Update and create procedures for various Risk Management business lines Update policy in conformance with regulations Assist peers in times of workload constraints Other special projects as needed Job Requirements Bachelor's degree required with 1 year of experience preferred Flagstar is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, or national origin.

Created: 2025-03-11