Small Business Credit Analyst I

About the position

The Small Business Credit Analyst I will be responsible for evaluating business applications by analyzing commercial and consumer bureaus to assess creditworthiness of potential borrowers. The Small Business Credit Analyst I will make recommendations, issue approvals, and decline credit requests in accordance with company credit risk policies, compliance guidelines, and profitability models.

Responsibilities

• Review business loan and lease applications and conduct underwriting activities to assess risk, including analyzing commercial and consumer credit reports and other relevant data.
• Ensure compliance with company lending policies, regulations, and industry standards by following underwriting procedures.
• Determine credit limits, terms, structure, and interest rates based on risk assessment and company lending policies.
• Communicate application outcomes to dealers via phone, email, or other appropriate means of communication to solicit business.
• Handle inbound calls and make outbound calls to negotiate final terms of contracts with both dealer customers and SFS Dealer Relationship Managers.
• Maintain confidentiality of personal information for consumers, including, but not limited to, Social Security numbers, and dates of birth.
• Perform other duties as assigned.

Requirements

• One (1) year minimum of auto finance experience as a loan processor, funder, or underwriter.
• High school diploma or GED, required.
• Intermediate skills using MS Office applications such as Word, PowerPoint and Excel.
• Effective communication skills, both written and verbal.
• Strong analytical and problem-solving skills.
• Ability to make sound decisions based on thorough analysis and evaluation.
• Exceptional attention to detail and accuracy.
• Ability to meet tight deadlines within a fast-paced environment.
• High level of integrity and ethical conduct.

Nice-to-haves

• BS/BA Degree in Business, Finance or Accounting or other related field, is preferred.
• Understanding of credit reports, credit risk assessment, and underwriting principles is a plus.
• Knowledge of industry specific web-based tools such as DnB, Experian, LexisNexis, etc. is preferred.