Credit Analyst - SBA PMG

U.S. Bank•Los Angeles, CA

4d•Hybrid

About The Position

The Credit Analyst is responsible for approving extensions of credit and/or recommending approval or denial to the people making final lending decisions on new, renewal, and extension loans. Before making or advising on a credit decision, the analyst completes credit analyses by gathering, analyzing, and interpreting credit information about existing and prospective customers. The role reviews customer accounts and portfolios to identify and assess potential credit quality issues and determine appropriate actions to maximize credit quality while minimizing risk and potential losses. The analyst may use software and other technological tools to evaluate individual credits or portfolios, compare possible courses of action, and inform recommendations or decisions. The position requires working from a U.S. Bank location three or more days per week. The listed salary range is $98,345 to $115,700, and the actual range may vary by location. U.S. Bank offers benefits subject to eligibility requirements.

Requirements

Bachelor’s degree or equivalent work experience.
Typically five or more years of relevant experience.
Strong credit analysis and analytical skills.
In-depth knowledge of credit analysis, credit administration, credit policy and procedures, and risk analysis.
Effective technical report-writing skills.
Effective verbal and written communication skills.
Proficient computer navigation skills using a variety of software packages.

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.
Background in economics, accounting, and/or finance.
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.
Gather, analyze, and interpret credit information about existing and prospective customers.
Conduct complete credit analyses before making or advising on credit decisions.
Review customer accounts and portfolios to identify and evaluate potential credit quality issues.
Determine appropriate actions to maximize credit quality and minimize risk and potential losses.
Use technological tools, including computer software, to assist in evaluating credits or portfolios and comparing 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 insurance.
Pregnancy disability and parental leave.
401(k) and employer-funded retirement plan.
Paid vacation of 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 and 401(k) contribution.
Pension, subject to eligibility requirements.