[Hiring] Credit Products Manager / ACH Underwriting Manager @Flagstar Bank

Role Description

The Credit Products Manager / ACH Underwriting Manager supports first-line credit underwriting and portfolio management within an assigned vertical, ensuring compliance with the bank’s risk appetite and policies. This role supervises a team of underwriters and credit analysts, overseeing risk grading, loan evaluation, and portfolio monitoring to maintain credit quality. Using data-driven insights and portfolio analytics, the Manager identifies potential risks and trends, escalating key findings and recommendations to senior leadership. Collaborating with sales, risk, and credit teams, this role helps implement credit strategies, streamline underwriting processes, and support responsible growth. With a focus on operational efficiency, regulatory compliance, and team development, the Manager plays a critical role in maintaining a strong and well-managed credit portfolio.

Qualifications

• 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.

Requirements

• Solid knowledge of federal and state laws and regulations related to credit decisions, ensuring compliance in daily underwriting and portfolio management tasks.
• Proficient in credit bureaus, credit decision engines, underwriting models, and portfolio management strategies, with practical experience in income/identity verification and risk assessments.
• Clear communication and presentation skills, able to present credit analysis and supportable recommendations to stakeholders effectively.
• Strong ability to apply industry knowledge and market trends to improve credit risk assessments and support decision-making.
• Effective at managing multiple priorities, meeting deadlines, and executing tasks efficiently in a fast-paced, dynamic environment.
• Strong team collaboration and coaching skills, focused on fostering development and providing support to team members while ensuring high-quality outputs.

Benefits

• Access to medical, dental, vision, life, and disability insurance.
• Comprehensive leave program.
• Variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment.