Credit Officer

About Us

How This Role Impacts Live Oak and its People

The Credit Officer SBBapprovescredit requests within individual loan authority adhering to Bank policies willassist in the review of the Banks loan portfolio to help prevent or reduce loanlosses. Responsibilities include verifying that documentation aligns with loan approvals and regulatory requirements identifying signs of loan quality deterioration and ensuring compliance with policy objectives.

What Youll Do at Live Oak

• Support loan production under the direction of the Director of Credit SBB while ensuring compliance with all applicable risk policies procedures and mitigants

• Analyze loan transactions and portfolios across Live Oak Banks Small Business Banking lending groups

• Contribute to the collaborative process that aims to produce sound credit decisions and add appropriately structured loans to support the Banks growth and loan generation goals

• Approve credit requests within individual authority adhering to Bank and regulatory guidelines (FDIC SBA and USDA)

• Assist with a myriad of credit functions within the Credit Team (site visits credit training board reports credit policy maintenance portfolio analysis participation in the Commercial Finance Credit Committee)

• Perform additional tasks as assigned by senior credit leadership

• Apply credit training underwriting experience and knowledge of lending policies to provide detailed loan transaction analysis

• Work cross-functionally with departments involved in loan production to ensure smooth execution

• Partner with risk and portfolio management teams to monitor and maintain accurate risk ratings across the loan portfolio

• Maintain a high standard of regulatory awareness including BSA AML CIP and OFAC

Required Experience

• 5 years of financial analysis including underwriting of commercial loan credits

• Travel required

Preferred Experience

• SBA 7(a) and SBA 504 experience

• Commercial lending and sales experience

Our Values

• Dedication:Possess a deep commitment to Live Oak Banks mission and core values exemplified through a strong work ethic adaptability and pride in your work.

• Ownership:Take initiative to deliver positive results by proactively and creatively solving problems while maintaining a high degree of quality.

• Respect:Treat everyone with courtesy politeness and kindness.

• Innovation:Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.

• Teamwork: Foster collaboration accountability and trust with others and understand that together we do more

For a detailed overview of our employee benefits please visit: Oak Bank is an Affirmative Action and Equal Opportunity Employer Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race color religion sex sexual orientation gender identity national origin age genetic information veteran status or disability. Equal access to programs service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at.

EEO is the Law

Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave including but not limited to Arizona California Colorado District of Columbia Maine Maryland Massachusetts Michigan Nevada New Jersey New Mexico New York Oregon Rhode Island Vermont and Washington.