Commercial Credit Analyst

Newtek One•,

18d•$50,000 - $65,000

About The Position

Small Business Lending, LLC, a NewtekOne subsidiary, is seeking a Credit Analyst to support underwriters in managing credit risk. The role focuses on accurately spreading financial information, preparing initial and modified credit workbooks, and assisting with credit memorandums. The analyst helps ensure financial data is complete, accurate, and organized to support lending decisions. The position also includes participation in assigned Community Reinvestment Act (CRA) activities and initiatives.

Requirements

Bachelor's degree in Finance, Accounting, Mathematics, Economics, or a related field.
Strong proficiency with Microsoft Office products, particularly Excel and Word, and ability to work efficiently with financial data and templates.
High computer literacy and ability to learn and use financial spreading and credit analysis software.
Strong analytical skills and attention to detail and accuracy.
Effective organizational and time-management skills, including the ability to manage multiple priorities and deadlines.
Clear verbal and written communication skills and ability 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.

Responsibilities

Assist underwriters with credit risk analysis and management by preparing financial spreads and credit documentation.
Spread borrower tax returns and internal financial statements using designated spreading software and Microsoft Excel.
Prepare assigned sections of credit memorandums for underwriter review, including business and personal credit reports, bank and merchant statements, and required financial spreads.
Prepare complete 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, including RMA industry data, NHRA reports, and business and personal credit reports.
Ensure financial and credit-related documentation is accurate, consistent, and complete before submission.
Maintain organized electronic credit files and supporting documentation.
Communicate with underwriters and other internal stakeholders about credit file requirements, findings, and follow-up items.
Perform other related duties and projects as assigned.
Participate in mandatory CRA activities and initiatives, including community outreach, volunteer events, and financial education programs, as assigned.