Senior SBA Credit Analyst

We are seeking qualified Senior SBA Credit Analyst candidates. Compensation will be commensurate with qualifications and experience.

SENIOR CREDIT ANALYST

GENERAL PURPOSE OF JOB

Independently the incumbent is responsible for performing a variety of tasks and activities to underwrite and evaluate the credit worthiness of borrowers for various credit requests including but not limited to SBA, USDA, Conventional or Alternative loan programs. The incumbent is also responsible for preparing, reviewing, organizing and submitting loan applications to various agencies and/or lenders.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Underwrite loan requests based on federal and state loan requirements, lender credit policy, prudent practices, and borrower need.
• Organize loan underwriting and application documents and compile and submit the SBA Loan application, USDA application, or lender conventional application including but not limited to application forms, borrower financial records, or other loan request documentation.
• Determine SBA express loan eligibility, review lender’s credit file, credit analysis, SBA forms, and provide feedback to lender and borrower to ensure compliance prior to generating the SBA Authorization.
• Provide input, guidance, and recommendations to lenders, borrowers, and clients to coordinate the loan application and underwriting process.
• Through collaboration with lenders, borrowers, and other related third parties such as accountants, appraisers, attorneys, and advisors, update financing memoranda as necessary and appropriate to ensure compliance and timely completion.
• Perform financial spreading, loan administration database input, property searches, public record searches, and other research activities in support of the underwriting and loan application process.
• Analyze financial statements, financial trends, and make inferences and observations from ratios, percentages, and statistical data to determine Borrower creditworthiness and program eligibility.
• Upload, review and submit SBA Application through IFS's loan origination system, SPARK, to E-Tran or other electronic loan application platform.
• Provide customer service to clients, lenders, underwriting, and all other partners, vendors, and customers in a timely and efficient manner to support the preparation and completion of loan applications.
• During the lender and agency approval process, coordinate, assemble and address loan underwriting and/or application deficiencies as requested by the lender and/or agency.
• Inventory and manage documentation and loan materials by scanning, naming, uploading, and organizing within the appropriate file directory.
• Maintain accurate client and loan data within IFS systems for lender data access.
• Order, review, analyze, and reconcile tax transcripts, credit reports, and other financial records related to the lender qualifications and SBA requirements.

QUALIFICATIONS: EDUCATION and/or EXPERIENCE

Bachelor’s Degree in Accounting, Finance or similar business-related field or equivalent combination of education and job-related experience. Five (5) years of SBA commercial underwriting experience or five (5) - ten (10) years of conventional commercial underwriting experience.