SBA Credit Analyst III

Overview

This role involves preparing loan write-ups, conducting annual reviews, and monitoring credit file information with medium to high complexity, typically requiring 5+ years of experience. The position supports credit analysis and underwriting functions within a financial institution specializing in small business and SBA lending.

Responsibilities

• Analyze and spread business and personal financial statements and tax returns.
• Obtain credit bureau reports and generate credit references as needed.
• Develop financial projections and perform sensitivity analyses.
• Document findings and exceptions for Loan Officers and Loan Committee, including:
  • Borrower’s financial condition
  • Repayment capacity and collateral coverage
  • Overall credit risk assessment with strengths, weaknesses, and preliminary risk rating
  • Loan structure and documentation compliance with loan policy, underwriting guidelines, and applicable laws
• Assist with ongoing credit analysis and review functions.
• Monitor past due/non-accrual loans, watch lists, loan monitoring, collections, and borrowing base compliance.
• Verify pledged assets upon request.
• Maintain knowledge of legal and regulatory compliance relevant to the role.
• Demonstrate in-depth understanding and interpretation of SBA Standard Operating Procedures (SOP).
• Complete underwriting tasks independently with minimal errors and limited supervision.
• Make sound credit decisions.
• Complete all required training.
• Support loss prevention and security measures as applicable.
• Assume additional responsibilities as required.

Requirements

• Ability to occasionally lift and/or move up to 10 lbs.
• Proficient in English literacy.
• Physical ability to sit for extended periods, twist, bend, walk, use hands for handling objects and tools (e.g., computer mouse, keyboard, calculator, telephone).
• Vision capabilities including close vision, distance vision, peripheral vision, depth perception, and ability to adjust focus.

Qualifications

• Bachelor’s degree in Accounting, Business Administration, Finance, or related field from a four-year college or university.
• Generally, five or more years of related experience and/or training.
• Proficiency with computer programs including Microsoft Word and Excel.
• Knowledge or expertise with financial spreadsheet software, especially Moody’s spreadsheet software.
• Strong problem-solving, mathematical, and analytical skills.
• Excellent written and verbal communication skills.
• Self-motivated with the ability to prioritize and produce high-quality work within deadlines.
• Detail-oriented and flexible.

Compensation & Benefits

• Salary range: $85,000 - $100,000, dependent on qualifications and experience.
• Employee Stock Ownership Plan and 401(k) Plan.
• Healthcare benefits including Medical, Dental, Vision, Telehealth, and Life insurance.
• 12-week Paid Parental Leave and Medical Leave, with a combined cap of 20 weeks for eligible team members.
• $5,000 Family Care Reimbursement covering childcare, elder care, student loan debt, pet expenses, and down payment assistance.
• Paid Time Off ranging from 13 to 23 days based on tenure, with cashout and carryover options.
• 10 days of sick time.
• 11 paid holidays.
• 4 days of volunteer time.
• 2 days of self allowance time.
• Tuition assistance.

Location

This position operates within a Connected Mobile Work Environment, allowing for remote work arrangements.

Equal Opportunity Employer Statement

The employer is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, marital status, familial status, sexual orientation, national origin, age, disability, veteran status, status with regard to public assistance, or any other class protected by federal, state, or local laws governing nondiscrimination in employment.