The SBA Credit Analyst is responsible for completing a accurate underwriting and analysis of current and prospective Small Business Administration (SBA) loans. He/she prepares written loan requests and providing verbal analysis; identifies, analyzes, and evaluates loan risks and compensating factors, and ensures the safety of Bank assets. He or she assembles loan packages and ensures that all loans underwritten and sent for approval are complete and meet the Bank's standards and procedures, SBA’s standard operating procedures, and regulatory underwriting guidelines. He/she also underwrites conventional loans and provide general administrative support to the credit and SBA departments as necessary.
SBA Underwriting and Analysis
Gathers and analyzes financial data for SBA loans including, but not limited to, cash flow analysis, financial statement spreads, projections and pro-forma analysis. Evaluates the adequacy of the applicant's income and the probability that the customer will be able to meet expected financial obligations
Compare liquidity, profitability, and credit histories of individual or company being evaluated with similar establishments to determine risk
Conduct collateral analysis and review of third-party collateral reports
Responsible for underwriting loan relationships totaling $6MM and less with limited supervision
Prepare and present loan presentations including but not limited to credit analysis, summaries of loan requests, risk reports and recommended payment plans
Review third party reports as necessary, including, but not limited to, appraisal, environmental, title, insurance, UCC searches, entity documentation (such as corporate by-laws and operating agreements), business valuation, and franchise agreements
Reviews periodic borrowing base certificates, contracts, and complex draw requests for compliance
Ensures SBA credit requirements are in the loan file
Notifies lenders and clients of missing information; keeps abreast of changes to SBA SOP’s and recommends/implements changes needed to ensure compliance
Offer general consultative and technical support to lenders and analysts regarding all SBA programs,
Conduct ongoing loan monitoring
Maintain a high level of knowledge on all SBA loan products along with policy and procedures.
Attend general credit analysis training provided by Credit Analyst Manager as well as SBA, NAGGL, or any other applicable resource on SBA loan programs.
Comply with responsibilities as they relate to the Bank Secrecy Act (BSA), Anti-Money Laundering Act (AML), Patriot Act, and Office of Foreign Assets Control Regulations (OFAC). This includes participating in any required training and promptly complying with all reporting requirements
Consult with customers as needed to verify financial and credit transactions
Tracking of specified credits from a technical aspect
This position may require travel to various Choice Bank offices and customer locations to complete various functions including but not limited to inspections
Performs duties outside normal scope as assigned
Completes special projects as assigned
Related Skills & Key Competencies
Leads as a team player with excellent interpersonal skills
Possesses excellent written and oral communication skills
Promotes and administers change and accepts diversity
Exhibits problem-solving, and decision-making skills and fosters open communication
Proficient computer skills including Microsoft Office (Word, Excel, Web Equity)
Must display consistent, detailed and strong organizational skills
Use sounds judgment in prioritizing tasks to work under tight deadlines
About Choice Bank
From the moment we were conceived in 2001, Choice Bank has remained true to our roots, our customers and our communities. Guided by our People First approach—we’re proud that our roots are local, decisions are local and our leadership is local. We focus on building strong relationships with our customers, by providing quick answers, access to decision makers, and solutions that actually work. Our People First values are at the heart of everything we do. To us, that means making genuine connections through passionate and empowered people. Putting people first drives our everyday decisions and influences how we treat our customers, colleagues, and community.
BACK TO TOP
Established in 1984, NAGGL serves the government guaranteed lending community, empowering members while meeting their multiple needs. » Learn more