Small Business Credit Officer II - SBA

Overview

This role involves reviewing and making decisions on small business loan applications in a centralized environment, with a focus on high-dollar and complex loans. The position also supports and guides peers and less-experienced team members through the loan decision process using expertise in financial analysis and loan structuring.

Responsibilities

• Spread financial statements based on information provided in the loan package.
• Provide loan decisions and/or credit recommendations after reviewing all underwriting criteria, including loan structure, collateral, interest rate, and fees.
• Perform global cash flow and balance sheet analysis for small-business healthcare loans of up to $2 million.
• Prepare written evaluations of a borrower’s financial condition and future outlook, identifying risks and mitigation.
• Collaborate with the sales team to develop loan structures that meet customer needs and align with the organization’s risk appetite.
• Assist and mentor team members in portfolio monitoring.
• Identify opportunities and recommend solutions for process improvements and software development.
• Mentor credit analysts to build risk management skills and knowledge.
• Communicate loan decisions to the loan originator.
• Identify and review all necessary due diligence items.
• Negotiate loan terms and conditions with the loan originator.
• Perform other assigned duties.

Requirements

• Two+ years in underwriting, portfolio monitoring, or similar business loan analysis.
• Basic knowledge of commercial lending and credit standards, policies, procedures, and products.
• Proficiency in basic software applications such as Microsoft Access, Word, and Excel.
• Familiarity with the organization’s internal applications is helpful.
• Excellent verbal and written communication and organizational skills.
• Attention to detail.

Preferred Qualifications

• College degree in accounting, finance, or economics.
• SBA knowledge.

Compensation & Benefits

• Total base pay range: $71,100.00 - $145,900.00 USD annual.
• Eligible to participate in an incentive compensation plan, with payments based on company, line of business, and/or individual performance.
• Comprehensive benefits programs supporting physical, financial, emotional, and social well-being.

Location

• Virtual, Ohio 00000