Credit Analyst- Home Builder Finance
Company: Flagstar Bank
Posted on: April 5, 2021
Position TitleCredit Analyst- Home Builder
FinanceLocationDenver, CO - Home LendingJob SummaryThis position is
responsible for supporting the Homebuilder Finance (HBF) Chief
Operating Officer (COO), Portfolio Manager (PM) and the
Relationship Manager (RM) in all aspects of monitoring and
compliance of the loan portfolio with in HBF. Responsibilities
include assisting the COO, RM, and PM to collect appropriate due
diligence items, independently input and test financial covenants
on existing loans, maintain and prepare loan covenant compliance
reports, assist with monitoring and clearing exceptions, assist
with monitoring maturity reports and Line Detail reports, assist PM
with spreading financial statements and input requirements to Baker
Hill, including tax returns, inventory and sales reports, and
assisting the COO with Portfolio Review and loan compliance
reports.Pay Range: $47,500.00 - $67,500.00 - $87,500.00Job
- Maintaining borrower reporting requirements and testing
covenant compliance once loans are closed. Ensure the portfolio
administration and risk management of each client relationship is
in compliance with established credit policy, procedure and
business strategy as well as commercial and regulatory
- Analysis of historical and year to date financial statements,
inventory reports, historical sales and closing reports, and
quarterly portfolio review. Evaluate tangible net worth, liquidity,
leverage, historical profitability (gross and net margins), sales
and closing trends, and conducting a breakeven analysis.
- Monitor and follow up on financial reporting and loan
documentation exceptions, generate and maintain loan renewal and
maturity logs, and reviewing other monthly and quarterly reports,
including the Line Detail report, HBF Sales report, exception
reports, coming due reports, and Baker Hill updates.
- Ensures compliance with applicable federal, state and local
laws and regulations. Completes all required compliance training.
Maintains knowledge of and adhere to Flagstar's internal compliance
policies and procedures. Takes responsibility to keep up to date
with changing regulations and policies.Job Requirements:
- High School Diploma, GED, or foreign equivalent required
- Bachelor's Degree in Business or related field OR two years of
comparable work experience required.
- Experience in reading financial statements required.
- A minimum of 2 to 3 years previous experience in banking with
commercial real estate or home builder lending portfolio management
- Previous knowledge of financial statements and financial
- Strong analytical skills.
- Strong computer skills.
- Ability to work with a team and independently.
- Demonstrated ability to understand and analyze financial
- Proficient use of Microsoft office products including Word and
- Excellent verbal and written communication skills.
- Attention to details.
- Solid analytic and problem resolution skills needed.For
Internal use only: Job band G. Posted 6 Days Ago Full time 08983
About Us Flagstar Bank, headquartered in Troy, Mich., is a
full-service community bank with branches across the state.
Chartered in 1987, today Flagstar is one of the largest savings
banks in the country. It also is a mortgage powerhouse, making home
loans nationwide and ranking as one of the largest mortgage
originators in the country. It also is a major servicer of home
loans. Flagstar Bank, FSB is an equal opportunity employer. All
qualified applicants will receive consideration for employment
without regard to race, religion, color, national origin, sex, age,
sexual orientation, gender identity, status as a protected veteran,
or status as a qualified individual with a disability.--Flagstar
Bank is committed to working with and providing reasonable
accommodation to individuals with disabilities. If you need a
reasonable accommodation for any part of the application process,
please e-mail Employment@flagstar.com --or call (248) 312-2000 to
let us know the nature of your request and your contact
Keywords: Flagstar Bank, Denver , Credit Analyst- Home Builder Finance, Professions , Denver, Colorado
Didn't find what you're looking for? Search again!