Credit Products Manager
Flagstar Bank
full-time
Posted on:
Location Type: Remote
Location: Remote • Missouri • 🇺🇸 United States
Visit company websiteSalary
💰 $140,622 - $232,026 per year
Job Level
SeniorLead
About the role
- Supports first-line credit underwriting and portfolio management within an assigned vertical
- Supervises a team of underwriters and credit analysts, overseeing risk grading, loan evaluation, and portfolio monitoring
- Collaborates with sales, risk, and credit teams to implement credit strategies, streamline underwriting processes, and support responsible growth.
- Proactively identifies and escalates areas for improvement in credit processes, policies and procedures
- Monitors portfolio performance, identifying emerging risks and opportunities to support sound credit decisioning and risk mitigation efforts
- Assists in developing and mentoring team members to enhance credit expertise and professional growth
Requirements
- Undergraduate Degree (4 years or equivalent) in Business, Economics or related field
- 10+ Years of 1st line of defense credit underwriting, portfolio management, and risk management experience within the Financial Industry including credit strategy and credit analytics.
- 3+ years of experience in managing teams of credit analysts, underwriters in the specialty vertical.
- Experience and expertise in credit bureaus, credit decision engines, credit and cash flow modeling for underwriting and portfolio management decisions, income/identity verification and loss forecasting.
Benefits
- medical, dental, vision, life, and disability insurance
- comprehensive leave program
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
credit underwritingportfolio managementrisk managementcredit strategycredit analyticscredit decision enginescredit modelingcash flow modelingincome verificationloss forecasting
Soft skills
team managementmentoringcollaborationrisk identificationprocess improvementcommunication