Job Information
Flagstar Bank, N.A. Corporate Banking Relationship Associate in New York, New York
Position Title
Corporate Banking Relationship Associate
Location
New York/1400 Broadway/114025
Job Summary
The Corporate Banking Relationship Associate supports the Corporate Banking team of Relationships Managers to develop new business and manage existing relationships. With our primary objective of generating new client relationships, initially the Associate's time will be spent organizing, researching and preparing outreach for and meeting with prospective clients.
With our focus on clients with revenue greater than $500MM, a strong credit background and knowledge of the products and services used in this market is preferred. Products and services included, but not limited to capital markets, hedging activity including interest rate and foreign exchange, and treasury management.
As a critical team member, the Associate will need to balance the shifting needs of the team as deal flow and activities regularly change. Through this role, the Associate will be exposed to all aspects of the client/prospect relationship by working closely not only with the Relationship Manager, but also credit and product partners.
Pay Range: $84, 878 - $112, 463 - $140, 049
Pay Range: Local Minimum Wage - $0.00 - $0.00
Job Responsibilities:
- New Business Origination: Developing and maintaining relationships to generate direct deal flow; Coordinate the team approach to approving and closing new deals to grow assets and revenues while optimizing profitability through the cross-selling of ancillary banking services.
- Relationship Management: Once relationships are established the Associate will work with the RM and team of credit and product partners to maintain and grow the client relationship.
- Credit Quality: Work with the RM and assigned credit managers, ensuring pro-active monitoring of the credit quality of portfolio through timely financial statement gathering, monitoring client's compliance with ongoing required reporting, properly analyzing financial information and taking or recommending appropriate corrective actions based on acceptable levels.
- 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:
- Education level required: Undergraduate Degree (4 years or equivalent)
- 3 years of experience with commercial credit training preferred
- Good knowledge of commercial credit, underwriting and loan structuring skills.
- Good analytical skills to understand financial and cash flow analyses.
- Good verbal and written communication skills.
- Computer proficiency in Microsoft Office applications including; Power Point, Word and Excel.
- Some travel may be required.
- Physical demands (ADA): The job requires a moderate degree of physical exertion and stamina such as standing, sitting, walking, driving or infrequent lifting.
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.
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
Minimum Salary: 0.00 Maximum Salary: 0.00 Salary Unit: Yearly