Position Title
Credit Analsyt 2

Location
Sterling Heights/43850 Schoenherr Road/112077

Job Summary
The position is the first stepping stone in the commercial training program designed to provide the experience and tools necessary to grow within the professional environment of commercial lending and credit risk. The Analyst will support Portfolio Managers and Credit Officers within Commercial Credit Risk, which works with multiple business segments including C&I, CRE, Regional Business Banking, BBG, Warehouse, Treasury, and TPO. Essential functions include:

• Spreading financial statements and assessing the client's compliance with financial covenants
• Complete analysis and review of new loan request packages to identify credit issues and recommend appropriate loan structure
• Prepare periodic reviews and analysis of existing commercial relationships focusing on a company's leverage, key risk factors, repayment sources, cash
flow and ability to service debt
• Ordering due diligence reports (Appraisals, Environmental, Credit Reports, OFAC and Lexis Nexis) as needed
• Monitoring and tracking financial reporting requirements
• Assembling market/industry data into monthly reports for distribution to Credit staff
• Creating/Updating procedures to assist with cross training among business segments
• Special projects as needed

Job Responsibilities:

• Bachelor's degree required
  
  


• 1 to 2 years of related experience
  
  


• Must be proficient in basic software applications, such as MS Word, Excel, and Powerpoint.
  
  


• Proactive - engages with the staff and business segments supported and continually looks for ways to help, provide value and create efficiencies
  
  


• Flexible and ability to multi-task (adjusts to change) - demonstrates the ability to manage multiple tasks and quickly changes routine to meet new needs or unexpected problems Analytical and Problem Solving Skills - strong analytical skills with high attention to detail and accuracy as well as solid problem solving and decision making skills
  
  


• Strong communication skills (written and verbal) - the position primarily interacts with Portfolio Managers, Relationship Managers, Team Managers, Credit Officers, and Relationship Administrators. Present clear and precise recommendations based upon analysis for actions on loans
  
  


• Adhere to all regulatory and compliance issues linked to the job and the team and understand how these issues help the bank achieve the vision of remaining an independent bank.

  Staff member is expected to consistently adhere to regulatory and compliance policies and standards linked to their job as listed. Staff member will not repeatedly act in a manner signifying intentional or willful noncompliance, nor exhibit gross negligence or a general disregard for compliance and regulatory standards. Staff

  
  

  member must ensure compliance with applicable federal, state and local laws and regulations. Staff member must complete all required compliance training on a timely basis. Staff member will maintain knowledge of and adhere to Flagstar's internal compliance policies and procedures. Staff member must take

  
  

  responsibility to keep up to date with changing regulations and policies.
  

  
  

Flagstar is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, or national origin.