SBA Credit Analyst

North State Bank•Raleigh, NC

About The Position

North State Bank has an exciting opportunity for an SBA Credit Analyst. The SBA Credit Analyst assists the Credit Administration Department in collecting and disseminating Small Business Loan applications to determine applicants' ability to meet bank credit policy and SBA guidelines, as well as other financial and regulatory requirements. Additionally, supports Portfolio Managers and Credit Administration with coordinating and completing annual reviews and other projects, as needed.

Requirements

Bachelor’s degree in finance, business management or other related field; or an equivalent combination of education and experience.
One to three years of experience in financial analysis, credit analysis, loan management within community bank or related financial service company, or relevant education
Working knowledge of government lending regulations and guidelines.
Possess strong organizational skills, acute attention to details, and tactfulness.
Good written, verbal, interpersonal skills with internal and external customer

Nice To Haves

Previous experience with an SBA institution strongly preferred

Responsibilities

Assist underwriters and business development officers to identify, gather, and analyze relevant information, complete file set up, establish viability of credit requests and review loan structures to ensure adherence with credit policy and SBA SOP’s, when appropriate.
Works daily in the Bank’s LMS, nCino, to ensure accurate data entry, proper document management, and timely workflow processes are met.
Pulls and reviews third party reports, which generally include credit reports, LexisNexis reports, SAM’s, OFAC, CAIVRS, and tax transcripts, and reports any concerns to management in a timely manner.
Completes detailed spreads for financial analysis of borrowers, affiliated businesses, corporate and personal guarantors.
Assists in the preparation of the credit analysis and a detailed write up for credit approval.
Communicates with business development officers, the SBA operations team, senior management, and borrowers as needed throughout the credit process.
Maintains broad knowledge of SBA/USDA SOP and bank policy guidelines.
Provides the highest level of customer service to borrowers, Business Development Officers, and co-workers.
Collaborate with Portfolio Managers and Credit Administration Officers to complete annual portfolio reviews.
Analyzes business and global cash flow for existing SBA borrowers and guarantors to identify their financial condition, profitability, repayment ability, operating trends, and determine if there are any financial indicators that point to current or potential stress within the businesses or guarantor’s financial situation.
Communicates with borrowers to obtain missing and updated financials to ensure that files are up-to-date and complete.
Assists with special projects as needed.