Small Business Lending Analyst

Howard County Economic•Columbia, MD

About The Position

The Howard County Economic Development Authority (HCEDA) is seeking a self-motivated and detail-oriented individual to support its business finance functions, particularly in the areas of loan financial analysis, borrower relations, and loan health forecasting. This individual will join an elite team that specializes in providing exemplary support and service to the Howard County business community. In this role, the individual will track financial performance of loans, conduct financial research on loan applicants, prepare reports, support and collaborate with the Director of Business Finance, and offer strategic recommendations optimizing resource allocation for public and private sector projects.

Requirements

Bachelor’s degree in finance, economics, accounting, or related field.
2+ years of experience in financial analysis, budgeting, or forecasting.
Strong proficiency in Microsoft Excel and financial modeling.
Knowledge of financial reporting and analysis tools.
Familiarity with public finance or governmental accounting.
Excellent communication and presentation skills.

Nice To Haves

Well-organized with keen attention to detail
Strong communication skills with demonstrated ability to effectively communicate with clients
Team oriented
Ability to prioritize multiple projects in a fast-paced environment
Comfortable with learning new systems and technologies
Analytical mindset with strong problem-solving abilities.
Detail-oriented and organized.
Ability to work independently and collaboratively in a team environment.
Strong interpersonal skills for working with diverse stakeholders.
Adaptability and willingness to learn in a fast-paced environment.

Responsibilities

Underwrite all loan applications
Present all loan requests to the Incentives Committees for approval
Review of potential loan recipients’ financial documents
Analyze variances in the trial balance and report changes to management
Responsible for all processes and procedures: Loan booking to servicing (all business finance programs)
Hold discovery calls with loan applicants and recipients
Develop, cultivate, and foster relationships with loan holders
Analyze and monitor loan statuses
Track and analyze financial growth of the loan holders’ companies via tax returns
Complete bank reconciliations
Draft and edit meeting minutes for board member approval
Complete debt recovery documents
Draft loan closing documents
Draft payoff statements and periodic balance statements for loan holders
Assist loan holders with general inquiries regarding their loans
Assist in any special projects or new finance programs as needed
Strive to achieve business finance goals as set forth each fiscal year