Credit Products Analyst

Job Summary

The Commercial Credit Analyst I is an entry‑level role designed to develop foundational experience in commercial credit risk and lending. This position supports Credit Products Specialists in underwriting and monitoring commercial loans across various business segments within Commercial & Private Banking. The Analyst will develop essential skills in financial statement analysis, risk assessment, and loan structuring while ensuring compliance with bank policies and regulations.

• Credit Monitoring & Analysis: Spread financial statements and assess trends; generate risk ratings and accompanying analyses; track and review covenant compliance and borrowing base reports; conduct annual and periodic portfolio reviews; perform ongoing credit due diligence.
• Loan Underwriting & Structuring: Assist Credit Products Specialists in structuring new loans and modifications; support the preparation of credit approval memoranda; prepare market and collateral analysis; order and review due diligence reports (e.g., appraisals, environmental reports, credit reports).
• Professional Development & Training: Participate in credit training programs; attend deal screen meetings to gain exposure to credit decision‑making; engage in mentoring opportunities with senior team members.
• Special Projects & Process Improvement: Assist with updating credit policies and procedures; develop efficiencies in credit analysis workflows; support ad hoc projects as needed.
• Additional Accountabilities: Use independent judgement and discretion to make decisions; analyze and resolve problems; perform special projects and additional duties as required; consistently adhere to regulatory and compliance policies and standards and complete required compliance trainings.

• Education: Undergraduate Degree (4 years or equivalent) in Finance, Accounting, Economics, or a related discipline.
• Experience: Minimum of 1+ years in a related role.
• Financial Acumen: Basic understanding of financial statements and credit risk fundamentals.
• Analytical Thinking: Ability to interpret financial data, identify trends, and assess risk factors.
• Detail Orientation: Ensures accuracy in financial analysis and reporting.
• Time Management: Capable of handling multiple tasks while meeting deadlines.
• Collaboration & Communication: Works effectively with internal teams; strong verbal and written communication skills.
• Technology Proficiency: Proficient in Microsoft Excel (spreadsheets, basic financial modeling), Word, and PowerPoint.
• Learning Agility: Willingness to develop expertise in commercial lending and credit risk.

No unusual physical exertion is involved.

$47,007.00 - $79,484.00

Benefits include medical, dental, vision, life, and disability insurance, along with a comprehensive leave program.

Flagstar is an Equal Opportunity Employer. We are committed to providing clear and accurate compensation information in accordance with applicable laws. Flagstar Bank, N.A. is an Equal Opportunity Employer. For more information, please consult the EEOC Know Your Rights and FDIC/Equal Housing Lender resources.