Credit Analyst II

This is a fully remote position, open to applicants in Florida, +5 more states.

📋 Description

• Comprehensive knowledge and understanding of Bank Loan Policies.

• Fundamental understanding of SBA Standard Operating Procedures and eligibility criteria.

• Must remain informed about economic developments and trends.

• Accountable for ensuring compliance with all regulations and requirements relevant to the job role.

• Analyze and review all pertinent third-party reports and seek available information on public websites to support loan presentations, including Credit Reports, CLEAR Reports, etc.

• Responsible for financial collections.

• Track covenants effectively.

• Provide support to the Servicing Team for all Credit Administration needs.

• Prepare credit memos.

• Conduct tax verifications for sellers and borrowers.

• Complete assigned re-approval loan presentations and change memos.

• Fulfill Adverse Action requirements.

• Participate in National Markets Committee meetings to provide commentary as needed to support loan requests.

• Review original documents to comprehend the nature of loan requests.

• Analyze financial statements and tax returns while conducting a preliminary assessment of repayment capacity.

• Generate and communicate to customers the credit needs list within established service level obligations.

• Prepare credit memos with justified and accurate narratives/information for final review by management, ensuring compliance with SBA requirements for small loan credit memos.

• Communicate effectively with customers to gather and synthesize all relevant and necessary information.

• Manage time and priorities efficiently to meet deadlines while handling multiple loan requests in a time-sensitive environment.

• Maintain a foundational knowledge of commercial banking regulations, financial and cash flow analysis, and loan structuring.

• Conduct internal loan reviews.

• Recommend loan structures in collaboration with lenders.

• Determine risk ratings.

• Actively engage in loan committee discussions.

• This role will have designated lending approval authority.

• Uphold a high level of customer service for both external and internal clients, positively representing the Bank.

• Perform other duties as assigned or requested.

⛳️ Requirements

• Bachelor’s degree in Business, Finance, Accounting, or a related field is required.

• A minimum of 3 years of relevant work experience is required (7+ years preferred).

• Flexibility, adaptability, and collaboration skills are essential.

• Strong listening skills and a willingness to be coached.

• Ability to proactively solve problems and think critically.

• Excellent technical and computer skills, particularly in Microsoft Office – Word, Outlook, and Excel.

• Experience with Sageworks Analysis is preferred.

• Strong critical thinking, problem-solving abilities, and excellent written and verbal communication skills.

• Exceptional attention to detail is necessary.

• Ability to manage multiple loan submissions and tasks at various stages concurrently.

🏝️ Benefits

• Base Pay PLUS Bonuses

• Medical, Dental, and Vision Insurance

• 401k Plan

• Health Savings and Flexible Spending Accounts

• Vacation and Sick Time

• Paid Holidays

• Paid Parental Leave

• Tuition Reimbursement

• Additional Benefits