Portfolio Manager I (Asset Based Finance)

Job Summary

The Portfolio Manager I manages a portfolio of direct and indirect asset‑based credit facilities (typically 10‑12 accounts) and provides back‑up on other Portfolio Manager's accounts. Responsibilities include spreading financial information, assessing and validating financial and collateral trends, calculating financial covenants, preparing periodic credit reviews, processing modification approvals for waivers, amendments, renewals and extensions, negotiating pricing and fees, reviewing loan documents, and interacting directly with client or agent banks as a representative of Flagstar Bank.

Responsibilities

• Process quarterly and annual credit reviews for senior management and 2LOD.
• Process modification approvals for waivers, amendments, renewals and extensions.
• Validate borrowing base availability and collateral.
• Approve funding requests and Stucky.
• Spread financial information.
• Engage field examiner and appraisers; provide guidance to scope of exam and review reports.
• Use independent judgement and discretion to make ABL credit decisions and recommendations.
• May be responsible for talent management functions, including staff development/training of Credit Analysts.
• Perform special projects and additional duties as required.
• Consistently adhere to regulatory and compliance policies and standards, complete required compliance trainings, and maintain compliance with applicable federal, state and local laws and regulations.

Required Qualifications

• Education: High School / High School Equivalency (GED, HiSET, TASC) or foreign equivalent; Bachelor’s degree preferred in Accounting, Finance, Economics.
• Experience: Minimum 4+ years in Asset Based Lending.

Preferred Qualifications

• Education: Undergraduate degree (4 years or equivalent) in Accounting, Finance, Economics or equivalent work experience.
• Bank Credit Training or Field Exam experience.

Job Competencies

• Asset Based Lending expertise.
• Proficiency with Moody’s Risk Analyst Spread System or similar spreading tools.
• Strong written communication and analytical skills.
• Ability to evaluate financial and collateral trends.
• Effective communication with prospects, intermediaries, and internal/external stakeholders.
• Demonstrated ability to build and maintain effective relationships with internal stakeholders, aligning relationship building with enterprise goals.
• Capability to build trusted client relationships and deliver tailored solutions.
• Support of a positive work culture and productive work environment.

Travel Requirements

3‑4 trips within the US per year.

Physical Demands

No unusual physical exertion is involved.

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. Benefits | Flagstar Bank

Pay

Pay Range: $85,787.25 – $132,967.00