Senior Portfolio Analyst, Sponsor Finance

Live Oak Bank • Wilmington, NC

2d • $82,240 - $133,640

About The Position

The Senior Portfolio Analyst (SPA) is an integral part of Live Oak Bank’s credit risk management function. The role collects and analyzes financial data, prepares financial spreads, tests financial covenants, and completes loan reviews, advances, renewals, and amendments. The SPA also supports senior members of the Sponsor Finance team by preparing diligence materials and providing feedback on portfolio performance.

The role manages a portfolio of accounts across the life of each relationship, monitoring borrowers’ financial performance, liquidity, earnings trends, credit metrics, covenant compliance, risks, and risk ratings. It maintains client relationships through regular communication, management meetings, site visits, and onboarding. The SPA identifies and responds to underperformance, coordinates with deal, credit, legal, closing, operations, and other internal teams, and helps protect the bank’s interests.

The SPA underwrites and manages approval processes for loan modifications, amendments, waivers, consents, renewals, and advance requests, including multi-advance facilities and revolving credit facilities. The role prepares materials and presents loan reviews and credit risks to internal stakeholders, maintains current client files and reporting tools, monitors operational matters, contributes to strategic and cross-functional initiatives, mentors teammates in analysis and risk assessment, and facilitates third-party engagements when needed. The SPA is also expected to maintain awareness of applicable BSA, AML, CIP, and OFAC requirements.

The listed annual base pay range is $82,240 to $133,640. Compensation may also include annual bonuses and long-term incentives, subject to metrics and company policy. Salary is determined by factors including travel, relevant work experience, skills, and expertise.

Requirements

• Bachelor’s degree in Finance, Business Administration, Accounting, Economics, or an equivalent field.
• At least 4 years of experience in banking, commercial lending, portfolio management, credit analysis, underwriting, or a related discipline.
• Strong understanding of foundational accounting principles and ability to interpret and analyze balance sheets, income statements, and cash flow statements to assess financial health and ability to meet obligations.
• Highly organized, with exceptional attention to detail.
• Demonstrated experience preparing and reviewing credit submissions that identify key risks and mitigants, and conducting financial statement analysis that outlines cash flow.
• Strong credit and risk assessment skills and working knowledge of lending and credit policies and procedures, loan documentation, and collateral structures.
• Excellent verbal and written communication, interpersonal, and negotiation skills, with a strong customer service orientation.
• Ability to make timely, sound recommendations to management and internal stakeholders while meeting bank policies and procedures and protecting the bank’s interests.
• Collaborative, highly coachable, dependable, and possessing a strong work ethic.

Nice To Haves

• Commercial, middle market, enterprise value, sponsor-backed, or leveraged lending experience.
• Above-average PC skills, including Microsoft Word and Excel, and ability to quickly learn new software and systems.
• Advanced financial modeling skills and techniques.

Responsibilities

• Collect and analyze portfolio financial data, prepare financial spreads, verify financial statement accuracy, monitor borrower performance and calculate credit metrics, and track covenant compliance.
• Assess financial performance, trends, credit metrics, key performance indicators, risks, and qualitative factors to determine borrower risk and maintain appropriate risk ratings under bank policy.
• Establish and maintain client relationships through regular communication, management meetings, site visits, and new-client onboarding.
• Identify underperformance and its root causes, and assess whether it has caused or may cause a default or event of default under loan documents.
• Engage deal, credit, and other internal teams to determine and implement appropriate responses to underperforming accounts.
• Underwrite and manage approvals for loan modifications, amendments, waivers, consents, renewals, and advance requests in accordance with bank procedures and policy, coordinating with clients and relevant internal teams and counsel.
• Assist deal teams and legal counsel with negotiations and review of legal documentation to ensure it reflects the approval.
• Collaborate with Analysts on underwriting complex modifications, amendments, and facility increases.
• Facilitate, process, and monitor multi-advance requests and revolving credit facilities.
• Prepare diligence and presentation materials for loan reviews and present loan-specific credit risks and recommendations or proactive strategies to internal stakeholders.
• Keep client files current, create files for new clients, establish reporting and covenant dashboards, and assist with reporting requirements.
• Manage operational complexities and stakeholder inquiries, and monitor portfolio operations alongside the operations department at origination, payment collection, and during amendments, modifications, or advance requests.
• Lead or contribute to cross-functional and strategic initiatives, including system and process implementations and improvements to portfolio monitoring tools, reporting dashboards, and risk mitigation strategies.
• Take ownership of responsibilities and goals and support clients and teammates in achieving theirs.
• Mentor teammates in financial and credit analysis and risk assessment.
• Facilitate third-party engagements as necessary, including valuations, appraisals, and field exams.
• Exercise sound judgment, seek guidance when appropriate, and communicate effectively to set and meet realistic expectations.
• Complete additional tasks as assigned or needed to support the deal team or client.
• Maintain regulatory awareness, including BSA, AML, CIP, and OFAC.
• Provide guidance and support to senior Sponsor Finance team members through diligence preparation and portfolio performance feedback.

Benefits

• Paid sick leave at least meeting applicable state minimum requirements.
• Annual bonuses and long-term incentives may be included in compensation, subject to metrics and company policy.

What This Job Offers

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