Servicing Financial Analyst

Capital CDC; Austin (TX); On-site; USD 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a Servicing Financial Analyst to join their dynamic team in Austin. This role involves reviewing financial statements, analyzing borrower information, and servicing a portfolio of SBA loans. The ideal candidate will have a strong background in finance or accounting, excellent communication skills, and a keen eye for detail. You'll be responsible for ensuring compliance with SBA policies while assisting borrowers and lenders with their needs. This is a fantastic opportunity to grow your career in a supportive environment that values your contributions and encourages professional development.

Qualifications

• 1-3 years of experience in finance or accounting preferred.
• Strong organizational, communication, and analytical skills required.

Responsibilities

• Collect and analyze financial statements and assign loan grades.
• Coordinate with borrowers and lenders for loan servicing requests.
• Prepare reports and documentation for SBA compliance.

Skills

Financial Analysis

Communication Skills

Organizational Skills

Time Management

Attention to Detail

Credit Analysis

Accounting Principles

Commercial Real Estate Documentation

Education

Bachelor’s degree in Finance or Accounting

Tools

Loan Management System

Job description

The Servicing Financial Analyst’s main responsibility is to collect, review, and analyze borrower, operating company, and guarantor financial statements and tax returns on an annual basis and to assign each loan a risk rating / loan grade based on the appropriate loan grading criteria. This position is also responsible for servicing Capital CDC’s portfolio of SBA 504 and 7(a) loans in accordance with the SBA’s and Capital CDC’s policies and procedures. This position will assist with the on-going collection of required loan file documentation and processing of servicing requests from borrowers. Financial analysis duties require direct daily correspondence with SBA, borrowers, bankers, etc.

Duties and Responsibilities:

Financial Statement Review and Loan Risk Grading

• Send letters/emails requesting borrower and guarantor financial statements and tax returns on an annual basis.
• Track receipt of financial information via tickler in the loan management system.
• Spread the financials in the system and compare to prior year financials and compare ratios to industry standards (NAICS / RMA).
• Assign loans a loan grade based on the financial review and other applicable criteria and submit a write-up to the department manager for review.
• For loans with a risk rating of “4” or higher, coordinate with the Portfolio Manager for borrower and third-party lender outreach to gather more information and to offer payment assistance when appropriate.
• As needed, prepare and explain payoff estimates to borrowers, bankers, and title companies.
• As needed, schedule loans for payoff on the Central Servicing Agent’s website.
• As needed, prepare various reports for department manager.
• As needed, assist in contacting borrowers and third-party lenders regarding past due loan payments.
• As needed, order site inspections from Collateral Specialists, Inc. and review inspection reports.

Ownership Change Servicing Actions

• Review tax returns to verify individual owner names and their ownership percentages. If any changes are noted, ensure any required documentation is obtained and reviewed in order to seek SBA approval of the changes that have occurred.
• Send needs lists of required documentation to borrowers and bankers upon receipt of a loan servicing request.
• Follow up to obtain required documentation.
• Based on the review of documentation, determine if the loan servicing request is eligible for approval.
• Prepare a write-up in accordance with SBA’s requirements in the SBA’s standard operating procedures (SOP) and in accordance with Capital CDC’s policies and procedures and submit it to the appropriate Servicing Center.

Skills/Qualifications:

• 1 - 3 years of work experience, preferably in the financial field.
• Bachelor’s degree or equivalent in finance or accounting.
• Strong organizational and time management skills.
• Motivated self-starter who possesses excellent verbal and written communication skills as well as a keen eye for details.
• Experience with commercial real estate loan documentation, lien instruments and lien perfection is preferred.
• SBA 504 or 7(a) loan program experience is a plus.
• Extensive knowledge of generally accepted accounting principles.
• Extensive experience with credit and financial statement analysis is preferred.

Seniority level

• Entry level

Employment type

• Full-time