Credit Officer Sr

Position Title

Credit Officer Sr

Location

Hicksville, NY 11801

Job Summary

Pay Range: 165 - 281K

The Senior Credit Officer is a critical leader in the oversight and management of complex credit portfolios, including but not limited to entertainment, healthcare, energy, and other high-risk or industry-specialized sectors. This role is responsible for conducting sophisticated credit analysis, structuring complex credit facilities, and making strategic recommendations that align with the Bank’s risk appetite and portfolio objectives. The Senior Credit Officer also plays a key role in policy development, regulatory compliance, and cross-functional leadership—ensuring both sound risk management and the advancement of strategic business initiatives.

Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

JOB RESPONSIBILITIES

• Lead credit underwriting and portfolio oversight for highly complex and specialized industry sectors such as film/media finance, healthcare providers, energy infrastructure, and other nuanced borrower profiles.
• Prepare and review detailed Flagstar Approval Memos, loan modifications, and portfolio reviews, incorporating advanced credit analysis, market intelligence, and tailored structuring techniques.
• Evaluate and make independent decisions on complex credit requests; escalate to higher authorities when appropriate and serve as a senior voting member on internal credit committees.
• Collaborate with Relationship Managers and deal teams to structure bespoke credit facilities that meet both client needs and the Bank’s risk tolerance.
• Direct asset management planning and participate in the formation of strategic credit strategies for underperforming or high-risk exposures.
• Monitor portfolio performance trends and proactively identify potential credit deterioration, emerging industry risks, or regulatory impacts.
• Participate in high-level screening meetings to evaluate new opportunities and assess risk-return tradeoffs, especially for niche industries or non-standard deals.
• Ensure full compliance with federal, state, and local lending regulations, as well as internal risk frameworks and credit policies.
• Contribute to the development, enhancement, and implementation of credit policies, risk rating models, and portfolio management tools tailored to specialized industries.
• Attend client meetings and conduct on-site project visits to gain deeper insights into operational and market risks.
• Develop, refine, and monitor key risk indicators (KRIs) and stress testing relevant to specialized industries.
• Lead and contribute to special projects, cross-functional initiatives, and process improvement efforts as directed by senior leadership.
• Act as a mentor and subject matter expert to junior credit staff, offering training and development opportunities.
• Continuously refine templates, risk analysis tools, and credit frameworks to enhance decision-making across complex portfolios.

ADDITIONAL ACCOUNTABILITIES

• Performs special projects, and 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.

JOB REQUIREMENTS

Required Qualifications:

• Education level required: Undergraduate Degree (4 years or equivalent)  Business, Finance or related field.
• Minimum experience required: 15+ Years experience in credit/lending.

Preferred Qualifications:

• Education level preferred: Master's Degree (or Postgraduate equivalent) Business, Finance or related field.

Job Competencies:

• Ability to analyze complex financial data and draw sound conclusions regarding creditworthiness.
• Skilled in making timely and well-informed credit decisions, often under pressure.
• High level of accuracy in reviewing financials, legal documents, and credit reports.
• Clear, concise communication of credit recommendations, risk factors, and policy exceptions to stakeholders.
• Ability to work effectively with relationship managers, clients, and cross-functional teams.
• Ability to identify problems proactively and develop practical, risk-conscious solutions.
• Proficiency with credit scoring models, Microsoft Excel, financial modeling tools, and risk management software (e.g., Moody’s RiskCalc, S&P Capital IQ). (Insert travel requirements).
• Physical demands (ADA): No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, or national origin. 

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

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