Homebuilder Finance Underwriter/Credit Products Portfolio Manager II

Flagstar Bank is seeking a Homebuilder Finance Underwriter/Credit Products Portfolio Manager II to structure and underwrite complex commercial credit transactions while managing an assigned loan portfolio. The role independently analyzes credit risk, negotiates loan terms, monitors portfolio performance, supports credit decisions, and mentors junior credit professionals.

Responsibilities:

• Credit Structuring & Underwriting: Lead underwriting efforts for complex loan requests, assessing creditworthiness and recommending risk-mitigating structures
• Portfolio & Risk Management: Continuously monitor assigned portfolio to proactively identify credit risks, trends, and financial performance concerns
• Client & Stakeholder Engagement: Partner with RMs in negotiations and client discussions, ensuring alignment between client needs and risk appetite
• Credit Agreement Review: Collaborate with legal teams to review and negotiate credit agreements, ensuring compliance with bank policies and risk management frameworks
• Mentorship & Training: Provide guidance to junior credit professionals, enhancing team capabilities and fostering a strong credit culture. Identifies and raises to leadership improvement areas in credit processes and procedures
• Uses independent judgement and discretion to make decisions regarding assigned portfolio
• Analyzes and resolves problems pertaining to the assigned portfolio
• Of time)
• Performs special projects, and additional duties and responsibilities as required
• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations

Requirements:

• Education level required: Undergraduate Degree (4 years or equivalent)  Bachelor's degree in Finance, Accounting, Economics, or a related field or 10+ years of equivalent experience
• Minimum experience required: 4+ Years 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
• 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 (ADA): No unusual physical exertion is involved
• Experience in Home Builder Finance credit/underwriting