Overview
A financial holding company serving the small- and medium-sized business (SMB) market is seeking a Credit Analyst to join their team. The organization provides a broad range of business and financial solutions including banking, business lending, electronic payment processing, technology solutions, eCommerce, accounts receivable and inventory financing, insurance, web services, and payroll and benefits solutions.
Responsibilities
- Support Underwriters in managing credit risk by preparing accurate 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 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 such as 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.
Requirements
- Bachelor's degree in Finance, Accounting, Mathematics, Economics, or a related field.
- Strong proficiency with Microsoft Office products, especially Excel and Word.
- Ability to work efficiently with financial data and templates.
- High computer literacy and ability to learn financial spreading and credit analysis software.
- Strong analytical skills with attention to detail and accuracy.
- Effective organizational and time-management skills to manage multiple priorities and deadlines.
- Clear verbal and written communication skills to present financial information concisely and logically.
- Sound judgment and decision-making abilities when reviewing financial and credit information.
- Ability to establish and maintain effective working relationships with internal team members and external partners.
Compensation
- Salary range: $50,000 to $65,000 annually.
Equal Opportunity
The employer is an Equal Opportunity Employer (M/F/D/V) and requires all employees to perform work ethically and uphold a Code of Business Conduct and Ethics at all times.