CRE Credit Products Portfolio Manager II

Position Title:

CRE Credit Products Portfolio Manager II

Location:

New York, NY 10018

The CRE Credit Products Portfolio Manager II plays a key role in structuring and underwriting complex commercial credit transactions while managing an assigned loan portfolio. This position is responsible for independently analyzing credit risk, negotiating loan terms, and providing strategic recommendations to relationship and credit teams. By proactively monitoring portfolio performance and identifying emerging risks, this role ensures sound credit decisions and long-term client success.

The position also supports professional development of junior team members by sharing expertise and best practices.

$90,975 - $136,956

• Lead underwriting efforts for complex loan requests, assessing creditworthiness and recommending risk‑mitigating structures.
• Continuously monitor assigned portfolio to proactively identify credit risks, trends, and financial performance concerns.
• Partner with relationship managers in negotiations and client discussions, ensuring alignment between client needs and risk appetite.
• Collaborate with legal teams to review and negotiate credit agreements, ensuring compliance with bank policies and risk management frameworks.
• Provide guidance to junior credit professionals, enhancing team capabilities and fostering a strong credit culture.
• Identify and raise improvement areas in credit processes and procedures to leadership.
• Use independent judgment and discretion to make decisions regarding assigned portfolio.
• Analyze and resolve problems pertaining to the assigned portfolio.

• Perform special projects and additional duties as required.
• Consistently adhere to regulatory and compliance policies and standards, completing required compliance trainings.
• Maintain compliance with applicable federal, state and local laws and regulations.

• Undergraduate degree in Finance, Accounting, Economics, or a related field, or 10+ years of equivalent experience.
• 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 and industry-specific risks.
• Risk Assessment & Decision-Making: proactively identify potential credit risks and recommend mitigation.
• Negotiation
  
  Skills:
  
  work with RMs and clients to structure loan terms aligning with risk parameters.
• Process & Portfolio Management: manage complex portfolios, ensuring monitoring and policy adherence.
• Stakeholder Influence: build relationships with internal and external partners, effectively communicating decisions.
• Project Management: 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.

No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer. We are committed to providing clear and accurate compensation information in accordance with applicable laws. We provide a comprehensive benefits package that includes medical, dental, vision, life, and disability insurance, as well as a leave program.