SBA Credit Analyst

North State Bank; United States; Remote; USD 65,000 - 90,000; Full time

Benefits offered by this job

Competitive compensation

Flexible benefits program

Job summary

North State Bank seeks an SBA Credit Analyst to support the Credit Administration Department in collecting and disseminating Small Business loan applications and ensuring adherence to bank policy and SBA guidelines. The role involves financial analysis, documentation, and collaboration with Portfolio Managers and senior management.

Remote opportunities are available in NC, SC, GA, TN, and FL, with ongoing support for annual reviews and related projects as needed.

Qualifications

• 3+ years of financial/credit analysis experience preferred
• Bachelor’s degree in finance or related field or equivalent experience
• Knowledge of SBA/USDA SOP and bank policies preferred
• Strong analytical and writing skills; attention to detail

Responsibilities

• Assist underwriters to gather information and assess credit viability
• Analyze cash flow and financials for SBA borrowers and guarantors
• Prepare credit analysis and write-ups for approval
• Coordinate with Portfolio Managers and Credit Administration on annual reviews
• Ensure data accuracy in LMS/nCino and timely workflow management
• Communicate with business development officers and borrowers as needed
• Support special projects and regulatory/compliance tasks

Skills

Financial analysis

SBA/USDA SOP knowledge

Credit analysis

Communication skills

Organizational skills

Customer service

Education

Bachelor’s degree in finance or related field

Tools

nCino

LMS

Job description

About the Role

North State Bank has an exciting opportunity for an SBA Credit Analyst. This position assists the Credit Administration Department in collecting and disseminating Small Business Loan applications to determine applicants’ ability to meet bank credit policy and SBA guidelines, as well as other financial and regulatory requirements. Additionally, supports Portfolio Managers and Credit Administration with coordinating and completing annual reviews and other projects, as needed.

Remote Location Options

Remote opportunities are available in the following states: NC, SC, GA, TN, and FL. We are unable to consider candidates in other states.

Responsibilities

• Assist underwriters and business development officers to identify, gather, and analyze relevant information, complete file set up, establish viability of credit requests and review loan structures to ensure adherence with credit policy and SBA SOP’s, when appropriate.
• Works daily in the Bank’s LMS, nCino, to ensure accurate data entry, proper document management, and timely workflow processes are met.
• Pulls and reviews third party reports, which generally include credit reports, LexisNexis reports, SAM’s, OFAC, CAIVRS, and tax transcripts, and reports any concerns to management in a timely manner.
• Completes detailed spreads for financial analysis of borrowers, affiliated businesses, corporate and personal guarantors.
• Assists in the preparation of the credit analysis and a detailed write up for credit approval.
• Communicates with business development officers, the SBA operations team, senior management, and borrowers as needed throughout the credit process.
• Collaborate with Portfolio Managers and Credit Administration Officers to complete annual portfolio reviews.
• Analyzes business and global cash flow for existing SBA borrowers and guarantors to identify their financial condition, profitability, repayment ability, operating trends, and determine if there are any financial indicators that point to current or potential stress within the businesses or guarantor’s financial situation.
• Communicates with borrowers to obtain missing and updated financials to ensure that files are up-to-date and complete.
• Assists with special projects as needed.

Qualifications

• Maintain broad knowledge of SBA/USDA SOP and bank policy guidelines.
• Provide the highest level of customer service to borrowers, Business Development Officers, and co-workers.
• Bachelor’s degree in finance, business management or other related field; or an equivalent combination of education and experience.
• One to three years of experience in financial analysis, credit analysis, loan management within a community bank or related financial service company, or relevant education.
• Previous experience with an SBA institution strongly preferred.
• Working knowledge of government lending regulations and guidelines.
• Possess strong organizational skills, acute attention to details, and tactfulness.
• Good written, verbal, interpersonal skills with internal and external customer.

Benefits

North State Bank provides competitive compensation and excellent, flexible benefits program. With North State Bank benefits, you have the flexibility to choose what's right for you and your family.

Equal Opportunity Employment

North State Bank is an equal opportunity employer and gives consideration for qualified applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity, national origin, disability or protected veteran status. VEVRRA Contractor.