Senior Analyst, Lender Finance

Live Oak Banking•Wilmington, NC

About The Position

The Senior Analyst, Lender Finance will enable the success of the team by underwriting financing opportunities involving Private Credit non-bank lenders as well as aiding in portfolio management. The ideal candidate will possess strong credit analysis skills, a deep understanding of Private Credit lending platforms, the ability to assess collateral quality & performance, and the ability to assess complex financing structures. The Senior Analyst will work closely with originations, portfolio management, legal, and risk teams to structure, analyze, and recommend credit facilities that align with Live Oak’s risk appetite and strategic objectives.

Requirements

2 to 5+ years of underwriting experience, with direct Lender Finance or Private Credit experience
Strong knowledge in the Private Credit and Direct Lending ecosystem
Experience evaluating lending platforms, loan portfolios, and structured credit transactions
Advanced knowledge of various types of loans, credit analysis, spreading and analyzing financial statements, risk analysis, credit scoring, loan documentation, etc
Strong working knowledge of banking products, services, policies, procedures, and regulations
Strong client product and relationship management skills
Excellent organizational skills with the ability to prioritize and manage workload
Strong credit and underwriting knowledge

Nice To Haves

Bachelor’s degree in Business or Finance
Underwriting background
Knowledge of Lower Middle Market, Middle Market, Real Estate, and Venture asset classes
Excellent internal and external customer service and relationship management skills
Excellent written and verbal communication skills
Maintain effective working relationships with all levels of bank personnel
Prioritize responsibilities as part of a team managing multiple workstreams
Critically analyze new lending opportunities for businesses operating in a variety of industries nationwide
Manage a book of diverse clients in accordance with Live Oak Bank policies and procedures

Responsibilities

Prescreen Deals: help evaluate, manage, and present Lender Finance opportunities
Loan Documentation: review, manage, and negotiate the loan documentation process through closing
Underwriting: spread & analyze borrower financials, evaluate portfolio characteristics, collateral performance, collateral quality trends, historical loss performance, concentration risks, originator underwriting practices, originator servicing capabilities, and market dynamics
In partnership with Loan Officers, create the appropriate credit overview materials and present them to Credit for initial approval
Help structure financing facilities, including warehouse lines, revolving credit facilities, term loans, and asset-backed lending transactions
Portfolio Management: help manage the quarterly Portfolio Review including processing and completing updated risk-rating worksheets for each client
Assist the Loan Officer as appropriate during term sheet negotiations
Collaborate with legal counsel and transaction teams during due diligence, documentation, and closing processes
Stay informed on market trends, industry developments, and competitive dynamics within the Lender Finance and Private Credit sectors
Manage the internal process for Amendments and Renewals and assist the Loan Officer externally as appropriate
Participate in ongoing client calls as part of the ongoing portfolio management process
Assist with the credit post-closing
Participate in other strategic initiatives and credit-related projects as needed; this may include identifying new opportunities (credit or otherwise) within the existing portfolio and working to expand key Lender Finance relationships
Primary responsibilities will include assisting the lending team on all aspects of the lending process
Manage the credit transaction process from approval through post-closing
Responsible for underwriting complex credits
Works closely with the lending and closing departments to coordinate pre-closing activities, loan documentation review and negotiation, as well as other responsibilities throughout the closing process
Maintains current and in-depth knowledge of banking and lending products, policies, procedures, and regulatory requirements, as well as market and industry activities and trends
Ensure proper monitoring of current loans, financial performance updates, and portfolio review
Performs other related duties as assigned or requested
Maintain a high standard of regulatory awareness including BSA, AML, CIP, and OFAC