SBA Credit Analyst 6

U.S. Bank • Brookfield, WI

9d • $105,400 - $124,000

About The Position

Responsible for approving the extension of credit and/or making recommendations to the person(s) making the final lending decisions on new, renewal, extension, and SBA-guaranteed loans to approve or deny the extension of credit. Prior to making the credit decision or advising the person(s) making the final credit decision, the Credit Analyst conducts a complete credit analysis including gathering, analyzing, and interpreting all types of credit information on existing and prospective customers. This includes evaluating borrower eligibility, repayment capacity, collateral adequacy, and compliance with SBA lending guidelines and program requirements.
Reviews customer accounts and portfolios, including SBA 7(a) and 504 loans, to identify, evaluate, and determine the appropriate course of action on potential credit quality, servicing, and compliance issues in order to maximize credit quality, preserve SBA guaranty eligibility, and minimize risk and potential loss to the company. Responsible for analyzing financial statements, cash flow, collateral, and industry trends while ensuring adherence to bank credit policy and SBA Standard Operating Procedures (SOPs).
May use technological tools, including computer software, to assist in the credit analysis process by helping evaluate a particular credit or portfolio. The Credit Analyst will use such tools to compare and evaluate possible courses of action and will make recommendations and/or decisions after various possibilities are considered. Works closely with lending, underwriting, servicing, and portfolio management teams to support SBA lending initiatives and ensure accurate credit documentation and risk assessment.

Requirements

• Bachelor’s degree, or equivalent work experience
• Typically six or more years of relevant experience
• Strong credit analysis and analytical skills
• Thorough knowledge of credit analysis, credit administration, credit policy and procedures, and risk analysis
• Thorough knowledge of SBA lending programs, including SBA 7(a) and 504 loan structures, underwriting considerations, and servicing requirements
• Background in economics, accounting, and/or finance
• Effective technical report writing skills, including preparation of credit memorandums and loan approval packages
• Effective verbal and written communication skills
• Proficient computer navigation skills using a variety of software packages
• Experience reviewing financial statements, tax returns, cash flow analyses, collateral valuations, and guarantor support for SBA lending transactions

Nice To Haves

• Master's degree or CPA certification

Responsibilities

• Approving the extension of credit and/or making recommendations to the person(s) making the final lending decisions on new, renewal, extension, and SBA-guaranteed loans.
• Conducting a complete credit analysis including gathering, analyzing, and interpreting all types of credit information on existing and prospective customers.
• Evaluating borrower eligibility, repayment capacity, collateral adequacy, and compliance with SBA lending guidelines and program requirements.
• Reviewing customer accounts and portfolios, including SBA 7(a) and 504 loans, to identify, evaluate, and determine the appropriate course of action on potential credit quality, servicing, and compliance issues.
• Analyzing financial statements, cash flow, collateral, and industry trends while ensuring adherence to bank credit policy and SBA Standard Operating Procedures (SOPs).
• Using technological tools, including computer software, to assist in the credit analysis process.
• Making recommendations and/or decisions after various possibilities are considered.
• Working closely with lending, underwriting, servicing, and portfolio management teams to support SBA lending initiatives and ensure accurate credit documentation and risk assessment.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• 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 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Senior