Overview
A credit analyst role is available with Small Business Lending, LLC. This position supports underwriters in managing credit risk by accurately spreading financial information, preparing initial and modified credit workbooks, and assisting with the development of credit memorandums to support sound lending decisions.
Responsibilities
- Assist underwriters in the analysis and management of credit risk by preparing high-quality financial spreads and credit documentation.
- Spread borrower tax returns and internal financial statements using designated spreading software and Microsoft Excel.
- Prepare and complete assigned sections of credit memorandums for underwriter review, including (but not limited to) business and personal credit reports, bank and merchant statements, and all required financial spreads.
- Prepare full credit memorandums for SBA microloan requests in accordance with internal policies and SBA guidelines.
- Review and analyze tax transcripts to validate borrower-reported financial information.
- Pull and compile due diligence reports, including RMA industry data, NHRA reports, and business and personal credit reports.
- Ensure accuracy, consistency, and completeness of all financial and credit-related documentation prior to submission.
- Maintain organized electronic credit files and supporting documentation.
- Communicate effectively with underwriters and other internal stakeholders regarding credit file requirements, findings, and follow-up items.
- Perform other related duties and projects as assigned.
Required Knowledge, Skills, and Abilities
- Strong proficiency with Microsoft Office, particularly Excel and Word; ability to work efficiently with financial data and templates.
- High level of computer literacy and ability to learn and utilize financial spreading and credit analysis software.
- Strong analytical skills with attention to detail and accuracy.
- Effective organizational and time-management skills, with the ability to manage multiple priorities and deadlines.
- Clear verbal and written communication skills, with the ability to present financial information in a concise and logical manner.
- Sound judgment and decision-making when reviewing financial and credit information.
- Ability to establish and maintain effective working relationships with internal team members and external partners.
Education & Certification Requirements
- Bachelor’s degree in Finance, Accounting, Mathematics, Economics, or a related field required.
Other Duties
- Participate in mandatory Community Reinvestment Act (CRA) activities and initiatives, including community outreach, volunteer events, financial education programs, and related efforts, as assigned.
Compensation & Benefits
- Salary range: $50,000 to $65,000 annually.
Location
- Across all 50 states (SMB market).