Senior Portfolio Analyst, Sponsor Finance

Live Oak Banking • Wilmington, NC

1d

About The Position

The Senior Portfolio Analyst (SPA) is an integral part of Live Oak Bank’s credit risk management function and supports the Sponsor Finance team. The role manages a portfolio of accounts throughout the life of each client relationship, collecting and analyzing financial data, preparing financial spreads, testing covenants, and completing loan reviews, advances, renewals, and amendments. The SPA monitors borrower performance, liquidity, earnings, credit metrics, and covenant compliance, and evaluates credit risk and risk ratings in accordance with bank policy.

The SPA maintains client relationships through regular communication, management meetings, site visits, and onboarding. The role identifies underperformance and potential defaults, works with deal, credit, legal, closing, and operations teams to determine appropriate responses, and underwrites and manages approval processes for loan changes and requests. The SPA also prepares diligence and presentation materials, keeps client files and reporting tools current, monitors facility operations, and contributes to strategic initiatives and improvements to portfolio monitoring tools and risk mitigation strategies.

The position provides support and guidance to teammates, facilitates third-party engagements such as valuations and field exams, maintains regulatory awareness, and exercises sound judgment and effective communication in support of clients and the bank. Live Oak Bank is a digital bank serving small business owners nationwide. The stated base pay range is $82,240 to $133,640 per year; compensation may also include annual bonuses and long-term incentives subject to metrics and company policy.

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.
• 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, with 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 able to demonstrate 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 the ability to learn new software and systems quickly.
• Advanced financial modeling skills and techniques.

Responsibilities

• Collect and analyze financial data for a portfolio of accounts; prepare financial spreads and analyses and verify financial statements.
• Monitor financial performance, liquidity, earnings trends, credit metrics, and covenant compliance.
• Assess borrower risk using financial performance, key performance indicators, qualitative factors, and risk-rating policy.
• Build and maintain client relationships through regular communication, management meetings, site visits, and onboarding.
• Identify underperformance and its root causes, evaluate potential defaults or events of default, and coordinate appropriate responses with deal, credit, and other internal teams.
• Underwrite and manage approval processes for loan modifications, amendments, waivers, consents, renewals, and advance requests, including multi-advance facilities.
• Coordinate loan requests with clients, legal counsel, closing, credit, and operations departments in accordance with bank procedures and policy.
• Assist deal teams with negotiation and review of legal documentation to ensure it reflects approved terms.
• 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 and credit-risk information and recommendations to internal stakeholders.
• Keep client files current, create files for new clients, establish reporting and covenant dashboards, and assist with reporting requirements.
• Manage operational inquiries and complexities and monitor portfolio operations alongside the operations department.
• Lead or contribute to cross-functional bank initiatives, including system and process implementations and improvements to monitoring tools, dashboards, and risk mitigation strategies.
• Mentor teammates in financial and credit analysis and risk assessment.
• Facilitate third-party engagements, including valuations, appraisals, and field exams, as needed.
• Communicate effectively, exercise sound judgment, and seek guidance when appropriate.
• Complete additional tasks to support the deal team or clients.
• Maintain regulatory awareness, including BSA, AML, CIP, and OFAC.

Benefits

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

What This Job Offers

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