Flagstar Bank

Credit Analyst


Pay$30.00 - $42.57 / hour
LocationMelville/New York
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: 15772

      Position Title

      Credit Analyst

      Location

      Melville/68 South Service Road/114011

      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

      #LI-Onsite

      #LI-LM1

  • About the company

      Flagstar Bank is a bank headquartered in Michigan.

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