SBA Credit Analyst II/III
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
The SBA Credit Analyst will be responsible for working closely with relationship managers and SBA loan Specialists reviewing and analyzing all types of financial and non-financial information on existing and prospective customers in accordance with the SBA Standard Operating Procedures (SOP) and WTBs credit policy.
Essential Functions:
- Collaborate and communicate effectively with SBA loan Specialists relationship managers internal customers and credit administration.
- Conduct thorough financial analysis of business and personal financial statements tax returns and cash flow projections.
- Ensure all underwriting activities align with the current SBA SOP 50 10 requirements.
- Assess borrower creditworthiness repayment capacity and collateral adequacy.
- Stay updated on changes to SBA policies.
- Draft clear concise and comprehensive credit memos and risk assessments with well supported recommendations.
- Identify and escalate material issues or trends.
Related Functions:
- Assist Relationship Managers and SBA Loan Specialist in determining eligibility and reviewing pertinent information for each request.
Qualifications:
- Deep understanding of SBA 7(a) programs and SOP requirements.
- At least 4 years of commercial underwriting experience including SBA.
- Strong analytical skills and proficiency in financial modeling.
- Demonstrated understanding of complex financial accounting and analysis.
- Outstanding written and verbal communication skills including grammar and correspondence abilities.
- Satisfactory understanding and knowledge of commercial credit policies procedures and loan systems.
- Ability to prioritize assignments and handle multiple priorities while maintaining a high level of service to both internal and external clients.
- Demonstrated self-motivation and initiative; ability to work effectively with individuals and groups in managing customer relationships.
- Experience with Computer assisted financial analysis and PC-based financial models knowledge of spreadsheet applications.
Compensation:
Credit Analyst II - $79705 - $119557
Credit Analyst III- $91290 - $137012
The compensation range represents the low and high end of the base compensation range for this position located in Seattle Washington. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location experience and performance. This position is eligible to participate in an applicable annual bonus plan.
What Our Culture Can Offer You:
Our benefit philosophy is to provide you with a comprehensive package to secure your overall wellness and help you become and remain a fulfilled and productive employee. Our benefits include Health Financial Retirement and Work/Life Benefits. We are proud to share an overview of our benefits HEREas part of your total compensation.
Washington Trust Bank celebrates diversity in the workplace and actively recruits talent to help reflect the unique communities where we live and work. We are proud to be an equal opportunity employer and prohibit discrimination or harassment based on race religion sex gender identity sexual orientation national origin age pregnancy disability genetic information and any other protected characteristics outline by state federal and local laws. We believe strength comes from the diverse backgrounds and experiences of our team and we are dedicated to fostering a supportive and inclusive work environment.
Required Experience:
IC
Key Skills
- Financial Statement Preparation
- Credit Analysis
- Cash Flow Analysis
- Math
- Banking
- Analysis Skills
- UCC Law
- Underwriting
- Financial Analysis
- Financial Modeling
- Financial Report Interpretation
- Word Processing
About Company
OUR ADVANTAGE As the oldest and largest privately-held commercial bank in the Northwest, with over 40 financial centers and offices in Washington, Idaho and Oregon, we enjoy an advantage over our publicly-owned competitors. We base decisions and policies on what’s happening right her ... View more
