Credit Products Specialist II - Corporate Banking

Location: New York, NY 10018

About the role

The Credit Products Specialist II - Corporate Banking plays a key role in structuring and underwriting complex commercial credit transactions while managing an assigned loan portfolio. This position is responsible for independently analyzing credit risk, negotiating loan terms, and providing strategic recommendations to relationship and credit teams. By proactively monitoring portfolio performance and identifying emerging risks, this role ensures sound credit decisions and long-term client success. The position also supports the professional development of junior team members by sharing expertise and best practices.

Responsibilities

• Lead underwriting efforts for complex loan requests, assessing creditworthiness and recommending risk-mitigating structures.
• Continuously monitor assigned portfolio to proactively identify credit risks, trends, and financial performance concerns.
• Partner with Relationship Managers (RMs) in negotiations and client discussions, ensuring alignment between client needs and risk appetite.
• Collaborate with legal teams to review and negotiate credit agreements, ensuring compliance with bank policies and risk management frameworks.
• Provide guidance to junior credit professionals, enhancing team capabilities and fostering a strong credit culture.
• Identify and raise improvement areas in credit processes and procedures to leadership.
• Use independent judgement and discretion to make decisions regarding assigned portfolio.
• Analyze and resolve problems pertaining to the assigned portfolio.
• Perform special projects and additional duties as required.
• Consistently adhere to regulatory and compliance policies and standards linked to the job, including completing 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 10+ years of equivalent experience.
• 4+ years of experience in commercial credit analysis, underwriting, or portfolio management.
• Advanced financial modeling and risk assessment expertise.
• Strong negotiation skills and ability to collaborate with clients.
• Experience structuring complex loan transactions.
• Ability to analyze macroeconomic trends and their impact on credit risk.

Skills

• Advanced Financial & Credit Analysis: Strong command of financial modeling, industry-specific credit risks, and structuring commercial credit transactions.
• Risk Assessment & Decision-Making: Ability to proactively identify potential credit risks and recommend risk mitigation strategies.
• Negotiation Skills: Works with RMs and clients to structure loan terms that align with both client needs and risk parameters.
• Process & Portfolio Management: Manages complex portfolios, ensuring proactive monitoring and adherence to credit policies.
• Stakeholder Influence: Builds strong relationships with internal and external partners, effectively communicating credit decisions.
• Project Management: Ability to drive loan structuring and closing processes with minimal oversight.
• Legal & Compliance Understanding: Familiarity with credit agreements, loan documentation, and regulatory requirements.
• Technology & Data Utilization: Proficiency in financial analysis tools, CRM systems, and underwriting software.
• Demonstrates a strong 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 to enhance the overall client experience.

Physical demands

No unusual physical exertion is involved.

Pay

Pay Range: $100,117.50 - $157,643.00

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.