Credit Analyst: SMB Lending & Risk Analysis

Newtekone; United States; On-site; USD 50,000 - 65,000; Full time

Job summary

NewtekOne is seeking a Credit Analyst to support Underwriters in managing credit risk. You will spread financial data, prepare credit workbooks, and develop memorandums to inform SBA microloan decisions.

Qualifications include a Bachelor's degree in Finance/Accounting and strong Excel skills, with attention to detail and the ability to organize large amounts of data for internal stakeholders.

Qualifications

• Bachelor's degree in Finance, Accounting, Mathematics, Economics, or related field required.
• Experience with spreading tax returns and financial statements is preferred.
• Strong analytical skills and meticulous attention to detail required.

Responsibilities

• Assist Underwriters in analyzing credit risk by preparing financial spreads and documentation.
• Spread borrower tax returns and financial statements using designated spreading software and Microsoft Excel.
• Prepare sections of credit memorandums for Underwriter review, including but not limited to: Business and personal credit reports, Bank and merchant statements and all required financial spreads.
• Prepare full credit memorandums for SBA microloan requests in accordance with internal policies and SBA guidelines.
• Review and analyze tax transcripts to validate borrower information.
• Pull and compile due diligence reports, including RMA industry data, NHRA reports, and business and personal credit reports.
• Ensure accuracy, consistency, and completeness of all financial and credit-related documentation prior to submission.
• Maintain organized electronic credit files and supporting documentation.
• Communicate effectively with Underwriters and other internal stakeholders regarding credit file requirements, findings, and follow-up items.
• Perform other related duties and projects as assigned.

Skills

Excel

Financial analysis

Credit analysis

Attention to detail

Time management

Education

Bachelor's degree in Finance/Accounting

Tools

Spreading software

Credit analysis software

Job description

NewtekOne is seeking a Credit Analyst to support Underwriters in managing credit risk. You will spread financial data, prepare credit workbooks, and develop memorandums to inform SBA microloan decisions.

Qualifications include a Bachelor's degree in Finance/Accounting and strong Excel skills, with attention to detail and the ability to organize large amounts of data for internal stakeholders.