Analyst, Sponsor Finance

Live Oak Bank•Wilmington, NC

1d•$71,960 - $113,080

About The Position

The Analyst, Sponsor Finance will enable the success of the team by supporting a portfolio of borrowers across the credit life cycle. The Analyst works closely with the Sponsor Finance deal team to assist in winning new business as well as to retain and manage existing client relationships. The Analyst will work with other loan support functions to ensure borrowers are appropriately onboarded and serviced throughout the life of the loan.

Requirements

Bachelor's degree or equivalent experience
Knowledge of various types of loans, credit analysis, spreading and analyzing financial statements, risk analysis, credit scoring, loan documentation, etc.
Strong working knowledge of banking products, services, policies, procedures, and regulations
Strong client product and relationship management skills
Excellent organizational skills with the ability to prioritize and manage workload
Strong credit and underwriting knowledge
Excellent internal and external customer service and relationship management skills

Nice To Haves

Excellent written and verbal communication skills
Maintain effective working relationships with all levels of bank personnel
Prioritize responsibilities as part of a team managing multiple workstreams
Critically analyze new lending opportunities for businesses operating in a variety of industries nationwide
Manage a book of diverse clients in accordance with Live Oak Bank policies and procedures

Responsibilities

Prescreen deals; help evaluate, manage, and prescreen Sponsor Finance deal opportunities
Loan Documentation; review, manage, and negotiate the loan documentation process through closing
Underwriting; spread and analyze borrower financials
In partnership with Loan Officers and Portfolio Managers, create the appropriate credit overview materials
Assist the Loan Officer and Portfolio Managers as appropriate during term sheet negotiations
Portfolio Management; support the monthly Portfolio Review process and complete the PR sheets for each assigned client
Participate in the internal process for Amendments and Renewals and assist the Loan Officer and Portfolio Manager externally as appropriate
Join ongoing client calls as part of the portfolio management process.
Assist with the credit post-closing
Participate in other strategic initiatives and credit-related projects as needed; this may include identifying new opportunities (credit or otherwise) within the existing portfolio and working to expand key Sponsor Finance relationships
Primary responsibilities will include assisting Lending team on all aspects on the lending process
Assist with the credit transaction process from approval through post-closing
Collect and review initial materials for deal screening
Assist lending with prescreening deals, presentations to credit, and term sheet drafting
Responsible for underwriting complex credits with the support of Loan Officers and Portfolio Managers
Assist Portfolio Managers and Loan Officers in the presentation of deals to the loan committee
Responsible for financial analysis and modeling of both new lending opportunities and existing clients in a variety of lending products
Works closely with the lending and closing departments to coordinate pre-closing activities, loan documentation review and negotiation, as well as other responsibilities throughout the closing process
Develops in-depth knowledge of banking and lending products, policies, procedures, and regulatory requirements, as well as market and industry activities and trends
Ensure proper monitoring of current loans and credit lines, financial performance updates, and portfolio review
Maintain a high standard of regulatory awareness including BSA, AML, CIP, and OFAC
Performs other related duties as assigned or requested