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Senior Relationship Manager - Middle Market (Chicago, IL)

Role overview

Qualifications

  • High School Diploma or equivalent, required
  • Bachelor’s degree, preferred
  • 10+ years of Commercial financing or equivalent lending experience
  • Established relationships and demonstrated direct origination track record with relevant companies

Responsibilities

  • Developing and maintaining relationships to generate direct deal flow
  • Engaging with sponsors and borrowers on idea generation and relevant opportunities
  • Partnering with regional leadership to create a strategic plan for the Group
  • Ensuring pro-active monitoring credit quality of portfolio through timely financial statement gathering

Key facts

Hard skills

Other skills

  • Relationship Management
  • Negotiation
  • Analytical Skills
  • Strategic Planning
  • Communication
  • Collaboration

About the company

Flagstar Bank logo

Flagstar Bank

Banking

Thank you for visiting Flagstar Bank on LinkedIn, and we look forward to being part of your financial journey. On December 1, 2022, New York Community Bank (NYCB) and Flagstar Bank joined together to become one company. Today, New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The company is headquartered in Hicksville, New York, with regional headquarters in Troy, Michigan. The combined company has assets of nearly $90 billion. Together, we operate almost 390 branches across 10 states, including strong footholds in the Northeast and Midwest with exposure to high growth markets in the Southeast and on the West Coast. Its Flagstar Mortgage Division operates a national residential mortgage business through more than 80 retail home lending offices and a wholesale network of 3,000 third-party mortgage originators. We believe in cultivating a diverse, inclusive, and respectful workplace that engages employees, broadens perspectives, and encourages teamwork. We hire people who represent the talents, experiences, backgrounds, and diversity of the communities we serve. Together our goal is to deliver a new energy in banking to our customers, opening new doors for financial and personal success. Customers will have access to a broad spectrum of technology, products and services—all with a shared customer-first approach. Relationships are at the center of all that we do, enhanced by our commitment to delivering local market expertise, personalized solutions, and a long-standing focus on strengthening our communities. Follow us on LinkedIn to stay up to date on news and updates, new hires, community initiatives, access to our collective insights, and banking industry updates that you need to know.

Company details

Company typeXLarge
IndustryBanking
Company size5001 - 10000

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Job description

Position Title

Senior Relationship Manager - Middle Market (Chicago, IL)

Location

Work From Home IL, IL 62629

Job Summary

Responsible for new business development and relationship management targeted to middle market companies with sales of 50 million dollars or greater, targeting the greater Chicago, Illinois area. Generate revenue by developing and maintaining relationships generating deal flow directly from clients/prospects and orchestrating a team approach to the relationship. The position is supported by product specialists (capital markets, rates and FX derivatives, treasury management, etc.), portfolio managers (credit underwriting, transaction approvals/processing, portfolio management routines) and operational support specialists but remains accountable for all aspects of the relationship.

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 (ROE).
  • Relationship Management: Working with assigned portfolio managers, engage with sponsors and borrowers on idea generation and relevant opportunities to expand our relationship.
  • Strategic Planning: Partnering with regional leadership to create a strategic plan for the Group and creating action plans to ensure the achievement of the plan including setting and tracking individualized goals for each team member in regards to production and revenue, and forecasting results for management based on existing pipelines.
  • Credit Quality: Working with assigned portfolio managers, ensure pro-actively monitoring 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.  Ultimately responsible for managing the banks risk exposure to acceptable levels.
  • Maintaining Knowledge: Staying abreast of industry trends and market conditions that could impact the Sponsor Coverage group as a whole and the assigned portfolio of relationships and borrowers.

Job Requirements:

  • High School Diploma or equivalent, required
  • Bachelor’s degree, preferred
  • Formal Credit Training preferred
  • 10+ years of Commercial financing or equivalent lending experience
  • Established relationships and demonstrated direct origination track record with relevant companies
  • Expertise in negotiating, structuring, and closing complex loans
  • Proven ability to generate significant cross-sell revenues
  • Strong analytical and credit skills

Job Competencies: 

  • Expert knowledge of commercial lending credit, underwriting and loan structuring skills. 
  • Expert analytical skills to understand financial and cash flow analyses. 
  • Highly developed negotiation skills in addition to excellent verbal and written communication skills. 
  • Experience utilizing a calling strategy to actively call on prospects/clients and establish a personally-developed network of clients and potential clients to source deals through various centers of influence. 
  • Computer proficiency in Microsoft Office applications including; Word and Excel. 
  • Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results. 
  • Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience. 
  • Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders. 
  • 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 - Vets/Disabled


We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. 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

Pay Range

$131,611.50 - $219,478.00

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Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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