SBA Credit Analyst - Impactful Lending & Compliance

Open Bank; Buena Park (CA); On-site; USD 33,000 - 34,000; Full time

Benefits offered by this job

Medical, Dental, Vision

Life, AD&D, LTD

FSA

401(k)

PTO

EAP

Company paid lunch

Job summary

Open Bank in La Mirada, CA, is seeking an SBA Credit Analyst to join the SBA Loan Center. You will evaluate and underwrite SBA loan files, perform credit analysis, and ensure proper documentation and regulatory compliance.

The role involves site visits to borrowers, preparing loan documents, and monitoring delinquent accounts. Bachelor’s degree or equivalent experience required; banking experience is a plus.

Qualifications

• Bachelor’s degree or equivalent work experience.
• Prior experience in business lending or banking preferred, but not required.
• Excellent verbal and written communication skills.

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 and 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.

Skills

Credit analysis

Regulatory compliance

Communication skills

Attention to detail

Education

Bachelor’s degree or equivalent

Tools

Word processing

Spreadsheet software

Core banking systems

Job description

Open Bank in La Mirada, CA, is seeking an SBA Credit Analyst to join the SBA Loan Center. You will evaluate and underwrite SBA loan files, perform credit analysis, and ensure proper documentation and regulatory compliance.

The role involves site visits to borrowers, preparing loan documents, and monitoring delinquent accounts. Bachelor’s degree or equivalent experience required; banking experience is a plus.