Credit Analyst - Home Builder Finance

Position Title
Credit Analyst - Home Builder Finance
Location
Katy, TX 0562
Job Summary
The position is the first stepping stone in the commercial training program designed to provide the experience and tools necessary to grow within the professional environment of commercial lending and credit risk. The Analyst will support Portfolio Managers and Credit Officers within Commercial Credit Risk, which works with multiple business segments including C&I, CRE, Regional Business Banking, BBG, Warehouse, Treasury, and TPO. Essential functions include:
• Spreading financial statements and assessing the client's compliance with financial covenants
• Complete analysis and review of new loan request packages to identify credit issues and recommend appropriate loan structure
• Prepare periodic reviews and analysis of existing commercial relationships focusing on a company's leverage, key risk factors, repayment sources, cash flow and ability to service debt
• Ordering due diligence reports (Appraisals, Environmental, Credit Reports, OFAC and Lexis Nexis) as needed
• Monitoring and tracking financial reporting requirements
• Assembling market/industry data into monthly reports for distribution to Credit staff
• Creating/Updating procedures to assist with cross training among business segments
• Special projects as needed
Job Responsibilities:
Monitoring of Existing Commercial Loans
Examples of duties and responsibilities under this component include but are not limited to the following functions:

• Spread financial statements and identify concerning trends
• Pull and review exception reports and work with the Portfolio Manager and Relationship Manager to clear exceptions
• Track the receipt of financial information (statements, borrowing base certificates, leases, guarantor information, covenants, etc) and validate compliance with the credit agreement
• Prepare periodic reviews and analysis of existing commercial relationships focusing on a company's leverage, key risk factors, repayment sources, cash flow and ability to service debt
• Perform private Investor Reviews for Warehouse
• Assemble market/industry data into reports distributed to credit personnel
• Make recommendations on risk rating appropriateness of credits

Writing of New Loan Request Packages
Examples of duties and responsibilities under this component include but are not limited to the following functions:

• Prepare Flagstar Approval Memos or Modifications to evaluate and determine appropriate credit structure and terms for potential borrowers focusing on a company's leverage, key risk factors, repayment sources, cash flow and ability to service debt
• Order due diligence reports
• Spread financial statements and identify concerning trends
• Obtain market/industry data to compare against the prospect's performance metrics/trends

Professional Development
Examples of duties and responsibilities under this component include but are not limited to the following functions:

• The position is the first stepping stone in the commercial training program designed to provide the experience and tools necessary to grow within the professional environment of commercial lending and credit risk. The program will include the following professional development duties:
• Complete credit specific training courses on an ongoing basis as required by manager
• Attend routine meetings which will include presentations geared towards teaching the fundamentals of Credit Analysis
• Attend mock review meetings to enhance analytical, presentation, critical thinking and decisioning skills
• Attend credit, sales and deal screen meetings to learn bank's customer appetite

Special Projects

• Examples of duties and responsibilities under this component include but are not limited to the following functions:
• Update and create procedures for various Risk Management business lines
• Update policy in conformance with regulations
• Assist peers in times of workload constraints Other special projects as needed

Ensure compliance with applicable federal, state and local laws and regulations. Complete all required compliance training. Maintain knowledge of and adhere to Flagstar's internal compliance policies and procedures. Take responsibility to keep up to date with changing regulations and policies.
Job Requirements:

• Bachelor's Degree Required with some Accounting and Finance courses preferred
• Length of experience, increased knowledge base and level of analytical skills differentiate the levels.
  Credit Analyst I - Bachelor's degree required with 1 year of experience preferred
  Credit Analyst II - 1 to 2 years of experience

The position is the first step into the commercial credit training program. It's awarded to candidates who possess the professional and personal skills found in high performers within Flagstar. Skills include the following:

• Must be proficient in basic software applications, such as MS Word, Excel, and Powerpoint. Other pertinent skills include:
• Proactive - engages with the staff and business segments supported and continually looks for ways to help, provide value and create efficiencies
• Flexible and ability to multi-task (adjusts to change) - demonstrates the ability to manage multiple tasks and quickly changes routine to meet new needs or unexpected problems
• Analytical and Problem Solving Skills - strong analytical skills with high attention to detail and accuracy as well as solid problem solving and decision making skills
• Strong communication skills (written and verbal) - the position primarily interacts with Portfolio Managers, Relationship Managers, Team Managers, Credit Officers, and Relationship Administrators. Present clear and precise recommendations based upon analysis for actions on loans
• High Analysis Work: constantly communicating with others via phone and/or face to face. Extensive periods of sitting, interpreting and communicating information from written information via computers or printed text. Moderate noise environment. Frequent repetitive motion tasks

Internal Use Only: Band H for Credit Analyst 1 and Band G for Credit Analyst 2