Credit Analyst - SBA PMG

U.S. Bank National Association•Los Angeles, CA

6d•$98,345 - $115,700•Hybrid

About The Position

The Credit Analyst is responsible for approving extensions of credit and/or making recommendations to the individuals making final lending decisions on new, renewal, and extension loans. Before making a credit decision or advising decision-makers, the analyst conducts complete credit analyses by gathering, analyzing, and interpreting credit information on existing and prospective customers. The role reviews customer accounts and portfolios to identify and assess potential credit quality issues, determine appropriate actions, maximize credit quality, and minimize risk and potential loss to the company. The analyst may use software and other technological tools to evaluate credits or portfolios, compare possible courses of action, and make recommendations or decisions.

Requirements

Bachelor’s degree or equivalent work experience.
Typically five or more years of relevant experience.

Nice To Haves

Experience with SBA 7(a) and 504 loan programs, including underwriting, portfolio monitoring, servicing, and annual review processes.
Familiarity with SBA SOP 50 10, SOP 50 55, and SOP 50 57 requirements.
Strong credit analysis and analytical skills.
In-depth knowledge of credit analysis, credit administration, credit policy and procedures, and risk analysis.
Background in economics, accounting, and/or finance.
Effective technical report writing skills.
Effective verbal and written communication skills.
Proficient computer navigation skills using a variety of software packages.
Master’s degree or CPA certification.

Responsibilities

Approve extensions of credit and/or recommend approval or denial of new, renewal, and extension loans to final lending decision-makers.
Conduct complete credit analyses by gathering, analyzing, and interpreting credit information on existing and prospective customers.
Review customer accounts and portfolios to identify and evaluate potential credit quality issues.
Determine appropriate courses of action to maximize credit quality and minimize risk and potential loss.
Use technological tools, including computer software, to evaluate credits or portfolios and compare possible courses of action.
Make recommendations and/or credit decisions after considering possible courses of action.

Benefits

Healthcare coverage, including medical, dental, and vision.
Basic term and optional term life insurance.
Short-term and long-term disability coverage.
Pregnancy disability and parental leave.
401(k) and employer-funded retirement plan.
Paid vacation, from two to five weeks depending on salary grade and tenure.
Up to 11 paid holiday opportunities.
Adoption assistance.
Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
Incentive and recognition programs.
Equity stock purchase, 401(k) contribution, and pension, subject to eligibility requirements.