Job Information
Flagstar Bank, N.A. Credit Analyst in New York, New York
Position Title
Credit Analyst
Location
NY / 1400 Broadway Floor 23
Job Summary
The Credit Analyst assists Senior Lenders in all matters involving loans and credits.
Pay Range: $30.00 - $42.57 - $55.13
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
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Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
Minimum Salary: 0.00 Maximum Salary: 0.00 Salary Unit: Yearly