Credit Analyst - SBA PMG

U.S. Bank; Irvine (CA); On-site; USD 98,000 - 116,000; Full time

Benefits offered by this job

Healthcare

401(k)

Paid vacation

11 paid holidays

Adoption assistance

Sick and Safe Leave

Job summary

U.S. Bank seeks a Credit Analyst to approve extensions of credit and provide detailed analyses for lending decisions. You will assess existing and prospective customers, review portfolios, and identify actions to maximize credit quality while minimizing risk. The role requires strong analytical and reporting skills.

Location is Irvine, CA, with on-site work expectations. A generous benefits package accompanies the role, and a focus on compliance and effective communication is essential.

Qualifications

• Bachelor’s degree, or equivalent work experience.
• Typically five or more years of relevant experience.
• Experience with SBA loan programs and related underwriting.
• Strong credit analysis and analytical skills.
• Background in economics, accounting, and/or finance.
• Effective technical report writing skills.
• Effective verbal and written communication skills.
• Proficient computer navigation using a variety of software packages.

Responsibilities

• Approve extensions of credit and advise final lending decisions.
• Conduct complete credit analyses on existing and prospective customers.
• Review accounts and portfolios to manage risk and maximize credit quality.
• Use tools and software to evaluate credit scenarios and recommended actions.

Skills

SBA loan programs

SOP requirements

Credit analysis

Credit administration & risk

Finance background

Technical reporting

Communication skills

Computer skills

Degree preferred (MS/CPA)

Education

Bachelor’s degree or equivalent

Master’s degree or CPA preferred

Tools

SBA SOP guidelines

Various software packages

Job description

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

Responsible for approving the extension of credit and/or making recommendations to the person(s) making the final lending decisions on new, renewal, and extension loans to approve or deny the extension of credit.

Prior to making the credit decision or advising the person(s) making the final credit decision, the Credit Analyst conducts a complete credit analysis, including gathering, analyzing, and interpreting all types of credit information on existing and prospective customers.

Reviews customer accounts and portfolios to identify, evaluate, and determine the appropriate course of action on potential credit quality issues in order to maximize credit quality and minimize risk and potential loss to the company.

May use technological tools, including computer software, to assist in the credit analysis process by helping evaluate a particular credit or portfolio. The Credit Analyst will use such tools to compare and evaluate possible courses of action and will make recommendations and/or decisions after various possibilities are considered.

Basic Qualifications

• Bachelor’s degree, or equivalent work experience
• Typically five or more years of relevant experience

Preferred Skills/Experience

• SBA 7(a) and 504 loan programs, including underwriting, portfolio monitoring, servicing, and annual review processes
• SBA SOP 50 10, SOP 50 55, and SOP 50 57 requirements
• Strong credit analysis and analytical skills
• In-depth knowledge of credit analysis, credit administration, credit policy and procedures, and risk analysis
• Background in economics, accounting, and/or finance
• Effective technical report writing skills
• Effective verbal and written communication skills
• Proficient computer navigation skills using a variety of software packages
• Master’s degree or CPA certification preferred

Location expectations

This role requires working from a U.S. Bank location three (3) or more days per week.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That’s why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $98,345.00 - $115,700.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.