Credit Analyst II - (Home Builder Finance) West - 17090
Flagstar Bank, N.A.
Englewood, CO
Credit Analyst II - (Home Builder Finance) West
Location
Englewood, CO 80112
Job Summary
The Credit Analyst II is responsible for performing the credit review and analysis for routine to moderately complex loans. Assigned to support Relationship Managers, Portfolio Managers and Credit Officers in a specific business segment such as; C&I, CRE or Small Business Banking. Reviews financial statements, federal tax returns, credit reports, as well as any other required documentation necessary for determining adherence to the Bank's established underwriting policies and procedures. Determines the acceptability of loan applicant based on the credit factors analyzed. Prepares summaries, presents facts, and offers opinions and recommendations concerning the credit-worthiness of applicants to Management.
Pay Range: $64,022 - $83,229 - $102,436
Job Responsibilities:
- Spread financial statements and assess the client's compliance with financial covenants.
- Monitor and track financial reporting requirements and other covenants as required by the loan agreement.
- Build and maintain compliance monitors for each separate loan facility with monthly updates regarding WIP/inventory, sales and closings reports, borrowing base certificates, and financial statements.
- Prepare and complete a quarterly portfolio review presentation by working with Relationship Managers and Portfolio Managers. This includes updating all compliance monitors with current project status, identifying project delays or potential risks, tracking risk ratings, and compiling the information into a single report for all Homebuilder Finance regions and Executive Leadership.
- Analyze market data from appraisals and research/consulting firms, prepare report based on current real estate and homebuilder market conditions.
- Monthly updates and reporting for interest reserves, draw funding, trial balance, and deposit tracking.
- Review and determine the acceptability of all other required documentation as set forth under the Bank's credit policy.
- Perform credit review and assist team members during underwriting and approval stages.
- Assist team members with special projects as needed.
- This role primarily includes the use of the following applications and websites: Moody's CreditLens, nCino/Salesforce, Microsoft Excel, Word, SharePoint, Adobe Acrobat, AFS Vision, RIMS, Zonda, Federal Reserve Economic Data, and US Securities and Exchange Commission.
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- Required Qualifications:
- Education level required: Undergraduate Degree (4 years or equivalent) with preferred major in Finance, Business, or related field.
- Minimum experience required: 1+ Years of credit analysis experience or equivalent experience in commercial finance or banking.
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- Job Competencies:
- Intermediate knowledge of financial analysis techniques.
- Intermediate knowledge of financial statements.
- Knowledge of valuation methodologies for various types of properties.
- Proficient in the use of Microsoft Word, Excel, Access, Outlook, and internet searches.
- Strong analytical and problem-solving skills.
- Excellent written and verbal communication skills.
- Excellent organizational skills.
- Detail oriented.
- Ability to analyze various types of financial statements, tax returns, and credit reports.
- Ability to meet deadlines and work well under pressure.
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- ADDITIONAL ACCOUNTABILITIES
- Performs special projects, 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.
Flagstar is an equal Opportunity Employer. All qualified applicants will receive consideration fo employment without regard to race, color, religion, sex, sexual orientation, gender identify, or national origin.
Flagstar is an Equal Opportunity Employer
Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank
About the Company
Flagstar Bank, N.A.
On December 1, 2022, New York Community Bank (NYCB) and Flagstar Bank joined together to become one company. Today, New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The company is headquartered in Hicksville, New York.
At June 30, 2024, the company had assets of $119.1 billion. We operate over 400 branches across 10 states, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and on the West Coast. Flagstar Mortgage operates nationally through a wholesale network of approximately 3,000 third-party mortgage originators.
We believe in cultivating a diverse, inclusive, and respectful workplace that engages employees, broadens perspectives, and encourages teamwork. We hire people who represent the talents, experiences, backgrounds, and diversity of the communities we serve. Together our goal is to deliver a new energy in banking to our customers, opening new doors for financial and personal success. Customers will have access to a broad spectrum of technology, products and services—all with a shared customer-first approach. Relationships are at the center of all that we do, enhanced by our commitment to delivering local market expertise, personalized solutions, and a long-standing focus on strengthening our communities. Follow us on LinkedIn to stay up to date on news and updates, new hires, community initiatives, access to our collective insights, and banking industry updates that you need to know..