CRE Portfolio Manager

Location: Hicksville, NY 11801

About the Role

The CRE Credit Products Portfolio Manager I supports the underwriting, structuring, and management of commercial credit relationships. This role provides critical financial analysis, assists in risk assessment, and ensures sound credit decision-making. As a key partner to Relationship Managers (RMs), this position helps structure new loan transactions, conduct portfolio monitoring, and identify potential risks. The role offers foundational credit expertise and exposure to client relationships, supporting the bank’s commitment to responsible lending and portfolio growth.

Responsibilities

• Assist RMs in analyzing financial statements, assessing borrower creditworthiness, and preparing credit approval packages.
• Monitor financial trends, covenant compliance, and borrowing bases to identify potential credit risks and recommend actions.
• Work alongside sales and credit teams to structure deals, address underwriting inquiries, and support client needs.
• Act as a mentor to analysts, sharing expertise in financial analysis, credit structuring, and risk assessment.
• Stay informed on market trends, credit policies, and risk mitigation techniques to strengthen expertise in commercial lending.
• Use independent judgement and discretion to make decisions regarding assigned portfolio.
• Perform special projects and additional duties as required.
• Adhere to regulatory and compliance policies and standards; complete required compliance trainings.
• Maintain compliance with applicable federal, state, and local laws and regulations.

Requirements

• Undergraduate Degree (4 years or equivalent) in Finance, Accounting, Economics, or a related field, or 5+ years of equivalent experience.
• 2+ years in credit underwriting, portfolio management, or a related field.
• Strong financial analysis and risk assessment abilities.
• Basic understanding of loan structuring and credit agreements.
• Proficiency in financial modeling and credit decision tools.
• Effective communication and teamwork skills.

Skills

• Financial Acumen: Strong foundational understanding of financial statements, key ratios, and credit analysis principles.
• Analytical Thinking: Ability to assess financial data, identify trends, and evaluate borrower creditworthiness.
• Detail Orientation: Ensures accuracy in financial analysis, credit packages, and risk assessments.
• Collaboration & Communication: Works effectively with RMs, credit officers, and other stakeholders; strong written and verbal communication skills.
• Time Management: Ability to manage multiple loan requests, meet deadlines, and prioritize tasks effectively.
• Technology Proficiency: Intermediate Excel skills (financial modeling, pivot tables, VLOOKUP), familiarity with credit analysis software.
• Curiosity & Learning Agility: Willingness to develop credit expertise, stay informed on industry trends, and apply new knowledge to underwriting and portfolio management.
• Ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross-functional insights.
• Aligns relationship-building efforts with enterprise goals to accelerate performance and drive strategic results.
• Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions.
• Fosters or supports a positive work culture and productive work environment.

Physical Demands

No unusual physical exertion is involved.

Pay

Pay Range: $64,501.50 - $103,677.00

Benefits

Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Detailed information.