Senior Credit Analyst

SmartBiz Loans • Northbrook, IL

12d • Onsite

About The Position

SmartBiz Bank offers a broad range of business banking solutions to small businesses across the U.S. – solutions built specifically to serve the dynamic needs of entrepreneurs and foster the growth of the small business community. SmartBiz Bank’s commitment to transparency and personalized customer service offers an unparalleled banking experience, ensuring small businesses have the financial services they need to grow and thrive. Headquartered in Northbrook, Illinois, with an additional office in Austin, Texas, we are proud to serve both our local and national small business communities.

Requirements

• 5+ years of underwriting experience with a community bank
• Strong knowledge of commercial banking underwriting
• Exceptional oral & written communication skills
• Highly organized and detail-oriented
• Bachelor’s Degree in Accounting, Finance, Economics, or a related field

Nice To Haves

• SBA small loan underwriting is a plus
• Experience with Salesforce is a plus

Responsibilities

• Reviewing the creditworthiness of individuals or businesses to determine the risk involved in lending money or extending credit for the bank’s Commercial and SBA Lending divisions.
• Analyzing credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money or extending credit.
• Preparing Pre-Flight of the potential loan for the Chief Credit Officer and Senior Management to determine if moving forward with a proposal and ultimately to underwriting meets with the Bank’s and management’s expectations, along with the bank's overall strategy.
• Assisting with structuring the loan specifics.
• Preparing a deal checklist of items needed for credit submission for loan officer review.
• Working with multiple loan files in various stages of completeness to move them towards credit submission.
• Gathering all items needed for credit submission by following a pre-determined credit submission checklist.
• Interacting with the borrower to ensure all items are needed for a complete package.
• Collaborating with the loan officer and the customer to answer any additional questions in order for loan approval.
• Maintaining ongoing credit training.
• Managing and assisting with various commercial and SBA lending underwriting transactions for approval.
• Organizing, preparing, and presenting loan presentations to the loan committee.
• Preparing annual loan file reviews.
• Monitoring the loan policy exception report with review and quarterly updates.
• Maintaining the loan portfolio and managing all ticklers and exceptions.

Benefits

• Mission-driven culture focused on small business banking.
• Competitive compensation and equity participation where applicable.
• Employer-paid medical, dental, vision, life, and disability insurance for eligible employees and dependents.
• 401(k) retirement plan.
• Flexible vacation policy.

What This Job Offers

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