Flagstar Bank

Flagstar Bank

Equipment Lending Officer

Location : Novi, MI

Job Type : Other

Date Posted : 17 May 2026

Equipment Lending Officer

Job Summary:

The Equipment Lending Officer is responsible for cultivating and overseeing client connections. Keep in mind, this position involves earning sales-based compensation.

Job Responsibilities:

  • Concentrate on cultivating and expanding relationships with potential clients as an Equipment Lending Officer.
  • Maintain current client connections in the Equipment Lending Officer role.
  • Achieve the specified goals for increasing business volume production and expanding the portfolio as outlined by management for the Equipment Lending Officer position.
  • Assess all elements of possible deals, such as the financial status of customers and the arrangement of transactions in the Equipment Lending Officer role.
  • Promote synergy between credit and documentation departments for effective service delivery and risk management in the Equipment Lending Officer position.
  • Cultivate robust connections with external and internal stakeholders in the Equipment Lending Officer role.

Additional Accountabilities:

  • Undertakes unique assignments and extra tasks as needed in the Equipment Lending Officer role.
  • Demonstrates consistent adherence to regulatory and compliance protocols relevant to the Equipment Lending Officer position and completes all mandatory compliance training. Assumes responsibility for ensuring compliance with applicable federal, state, and local laws and regulations.

Required Qualifications:

  • Candidates are expected to have completed a four-year undergraduate degree program for the Equipment Lending Officer role.
  • Minimum of three years of sales experience within the relevant industry, supported by a proven history of achievement in the Equipment Lending Officer role.

Job Competencies:

  • Understanding of merchandise, cost, and organization is vital for the Equipment Lending Officer.
  • Strong abilities in expressing thoughts, showcasing content, and dealing with discussions adeptly as an Equipment Lending Officer.
  • Skilled in using various Microsoft programs such as Word, Excel, and Outlook, essential for the Equipment Lending Officer role.
  • Competent in the utilization of SuperTRUMP, T Value, and ACT software tools for the Equipment Lending Officer.
  • Strong understanding of financial and credit protocols along with financial documentation, necessary for an Equipment Lending Officer.
  • Ability to work separately from remote destinations is crucial for the Equipment Lending Officer role.
  • Strong cold-calling capability, required for the Equipment Lending Officer role.
  • Meticulous focus on details is a key competency for the Equipment Lending Officer.
  • Excellent communication skills, necessary for the Equipment Lending Officer role.
  • Ability to travel, as required for the Equipment Lending Officer position.
  • There is a medium level of physical effort and endurance necessary for this position, including activities like standing, sitting, walking, driving, or occasional lifting, for the Equipment Lending Officer.

Flagstar upholds the value of equal employment opportunities for all:

Flagstar provides its workforce with a selection of benefits that include medical, dental, and vision coverage, as well as life and disability insurance policies, and a thorough leave program for the Equipment Lending Officer.

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