SBA Credit Analyst

Open Bank; Los Angeles (CA); On-site; USD 70,000 - 95,000; Full time

Benefits offered by this job

Medical Dental Vision

Life & Disability Insurance

FSA

401(k) Retirement Plan

PTO

EAP

Company Lunch

Job summary

Open Bank is seeking an SBA Credit Analyst to join the SBA Loan Center. You will evaluate, analyze, underwrite, and process lending products and loan files, ensuring accuracy and compliance throughout the cycle.

The role focuses on credit analysis, file preparation, borrower communication, and adherence to policy and regulatory standards. Team orientation and attention to detail are essential, with opportunities for growth in a collaborative banking environment.

Qualifications

• Bachelor's degree in related field or equivalent work experience.
• Prior experience in business lending or banking preferred, but not required.
• Ability to retain broad knowledge of lending tasks, lending regulation, lien laws, and loan documentation.
• Excellent verbal and written communication skills.
• Good written and oral communication skills; professional image in writing, in person, and over the phone.
• Ability to respond effectively to sensitive inquiries or client complaints.
• Present a professional image when dealing with customers and colleagues.
• Accurate typing and basic computer skills including word processing, spreadsheets, core banking systems, email and online banking.

Responsibilities

• Perform credit analysis and spreads on financial information and determine SBA eligibility.
• Site visitations to borrowers.
• Prepare and review files for policy, regulatory and documentation compliance (equal credit, fair credit reporting, BSA).
• Prepare documents and meet borrowers for proper signing of loan documents and notarization where applicable.
• Follow up with tickler items.
• Review weekly past due reports to monitor payment performance and act on delinquent loans.

Skills

Credit analysis

SBA knowledge

Communication skills

Analytical thinking

Documentation ability

Education

Bachelor's degree or equivalent

Tools

Word processing

Spreadsheet software

Core banking systems

Online banking tools

Email systems

Job description

AtOpen Bank, we pride ourselves on being different and OPEN to new ideas and opportunities for our clients and employees.

We celebrate innovation, diversity, teamwork, excellence and integrity. We are an equal opportunity employer and offer competitive compensation and benefits package to recruit, retain and reward top talent. We would like to be your partner in success and happiness!

Join our TEAM -TogetherEveryoneAchievesMore

Job Title: SBA Credit Analyst
Department: SBA Loan Center

We are looking for a SBA Credit Analyst to join our SBA Loan Center team. The SBA Credit Analyst will be responsible for evaluating, analyzing, underwriting, documenting, and processing lending products and loan files.

Key Responsibilities:

• Perform credit analysis and spreads on financial information and review application for SBA eligibility determination and communicate with management on loans.
• Site visitations to new borrowers and existing borrowers.
• Prepare & review files for policy, regulatory, and documentation compliance, including equal credit, fair credit reporting, BSA, and other regulatory requirements.
• Site visitations to new borrowers and existing borrowers.
• Prepare & review files for policy, regulatory, and documentation compliance, including equal credit, fair credit reporting, BSA, and other regulatory requirements.
• Prepare documents and meet with borrowers for proper, accurate, and timely signing of loan documents and perform notarization (if applicable).
• Follow up with tickler items.
• Review weekly past due reports to monitor payment performance of each borrower and take appropriate actions for delinquent borrowers.

Requirements/Qualifications:

• Bachelor's degree in related field or equivalent work experience.
• Prior experience in business lending or banking preferred, but not required.
• Ability to retain broad knowledge of lending tasks, lending regulation, lien laws, and loan documentation.
• Excellent verbal and written communication skills.
• Good written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.
• Ability to respond effectively to the most sensitive inquiries or client complaints.
• Present a professional image in dealing with customers, interdepartmental, and external representatives.
• Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, core banking process systems, e-mail and on-line banking programs.
• Good analytical skills including the ability to define problems, collect data, establish facts, and draw conclusions.
• Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Ability to retain broad knowledge of lending tasks. Strong analytical skills with a thorough understanding of lending operations and client needs.

Employee Benefits & Perks

• Medical, Dental, & Vision: Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members. Employees become eligible for insurance benefits on the first of the month following their hire date.
• Life, Accidental Death & Dismemberment, & Long-Term Disability: Open Bank pays 100% of the cost.
• Flexible Spending Account (FSA): Tax-advantaged financial accounts are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.
• 401(k) Retirement Savings Plan: Open Bank matches 100% of the first 6% of employees' contributions. Employees are eligible to participate on the first of the month following 90 days of employment.
• Paid Time Off (PTO): Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.
• Employee Assistance Program (EAP): The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.
• Company Paid Lunch: Open Bank provides company paid lunch twice a week.