SBA Credit Analyst

Open Bank • Los Angeles, CA

9h • $24 - $25 • Onsite

About The Position

At Open Bank, we pride ourselves on being different and OPEN to new ideas and opportunities for our clients and employees. We celebrate innovation, diversity, teamwork, excellence and integrity. We are an equal opportunity employer and offer competitive compensation and benefits package to recruit, retain and reward top talent. We would like to be your partner in success and happiness! Join our TEAM - Together Everyone Achieves More. We are looking for a SBA Credit Analyst to join our SBA Loan Center team. The SBA Credit Analyst will be responsible for evaluating, analyzing, underwriting, documenting, and processing lending products and loan files.

Requirements

• Bachelor’s degree in related field or equivalent work experience.
• Ability to retain broad knowledge of lending tasks, lending regulation, lien laws, and loan documentation.
• Excellent verbal and written communication skills.
• Good written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.
• Ability to respond effectively to the most sensitive inquiries or client complaints.
• Present a professional image in dealing with customers, interdepartmental, and external representatives.
• Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, core banking process systems, e-mail and on-line banking programs.
• Good analytical skills including the ability to define problems, collect data, establish facts, and draw conclusions.
• Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Ability to retain broad knowledge of lending tasks.
• Strong analytical skills with a thorough understanding of lending operations and client needs.

Nice To Haves

• Prior experience in business lending or banking preferred, but not required.

Responsibilities

• Perform credit analysis and spreads on financial information and review application for SBA eligibility determination and communicate with management on loans.
• Site visitations to new borrowers and existing borrowers.
• Prepare & review files for policy, regulatory, and documentation compliance, including equal credit, fair credit reporting, BSA, and other regulatory requirements.
• Prepare documents and meet with borrowers for proper, accurate, and timely signing of loan documents and perform notarization (if applicable).
• Follow up with tickler items.
• Review weekly past due reports to monitor payment performance of each borrower and take appropriate actions for delinquent borrowers.

Benefits

• Medical, Dental, & Vision insurance for all full-time employees and their immediate family members.
• Life, Accidental Death & Dismemberment, & Long-Term Disability insurance (100% company paid).
• Flexible Spending Account (FSA) for eligible out-of-pocket expenses.
• 401(k) Retirement Savings Plan with company match.
• Paid Time Off (PTO) accrued from time of hire.
• Employee Assistance Program (EAP) offering counseling, online tools, and legal/financial guidance.
• Company paid lunch twice a week.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree