Sr Director Credit Products - Specialized (Public Finance)

Sr Director Credit Products - Specialized (Public Finance)

Location : Charlotte, NC 28202

Job Summary : The Senior Director of Credit Products - Specialized is responsible for setting the strategic vision and execution framework within a Specialized Line of Business for first-line credit underwriting and portfolio management, ensuring alignment with the bank's risk appetite and business objectives. This role directs a team of Commercial Loan Underwriting and Credit Managers, overseeing individual loan risk grading, portfolio monitoring, and credit risk evaluation within an assigned vertical. By leveraging advanced portfolio analytics and forward-looking risk assessment, the Senior Director identifies emerging opportunities and threats, providing key insights to senior leadership. In collaboration with sales, risk, technology, and finance teams, this leader drives responsible growth, enhances product offerings, and ensures the sufficiency of tools, staffing, and technology investments. With accountability for budget adherence, regulatory compliance, and continuous process improvements, the Senior Director plays a critical role in balancing profitability, risk management, and long-term business sustainability. Pay Range : $244,875 - $305,879

Job Responsibilities :

• Sets the strategic direction for the Specialized Line of Business and prioritizes enhancements for Credit Products, ensuring alignment with business objectives.
• Oversees and manages the 1st line of defense credit underwriting and portfolio management teams, ensuring implementation of credit risk management strategies across the customer lifecycle.
• Develops and executes credit strategies to optimize underwriting and portfolio management decisions, leveraging data, models, and advanced analytics tools.
• Ensures the sufficiency of tools, technology, and staffing to support effective credit underwriting and monitoring.
• Partners with Line of Business leaders, Relationship Managers, product partners, and sales teams to drive responsible growth and deliver product and revenue objectives.
• Proactively identifies and escalates area for improvement in credit processes, policies and procedures
• Works directly with external bank clients to support credit-related needs and objectives.
• Collaborates with the second line of defense risk management (Credit Risk) to develop and refine key credit risk and early warning indicators.
• Manages implementation and associated controls for underwriting, line management, and targeting criteria, ensuring alignment with internal tech systems and vendor platforms.
• Monitors portfolio performance by customer segments, providing input on overall profitability and adjusting credit strategies within the risk appetite framework.
• Works with legal and compliance teams to ensure strategies and policies adhere to all regulatory requirements.
• Provides credit risk reporting and analysis to support data-driven decision-making.
• Recruits, develops, and trains top credit underwriting and portfolio management talent.
• Uses independent judgement and discretion to make decisions.
• Analyzes and resolves problems.
• May be responsible for talent management functions including : employment, performance evaluations, staff development / training, disciplinary actions, succession planning and ensuring all staff comply with compliance requirements.

Additional Responsibilities :

Job Requirements :

Required Qualifications :

Job Competencies :

Flagstar is an Equal Opportunity Employer