Special Assets Analyst

About Us

How This Role Impacts Live Oak and its People

The Special Assets Analyst assists with the workflow in the office by performing key administrative and analytical tasks including submission of the Universal Purchase Packages to the SBA generating reports in Excel and Salesforce managing third-party report orders and handling invoice processing. Additionally the role involves conducting financial analysis credit risk assessments ensuring proper file documentation and maintaining efficient processes related to the management of special assets.

What Youll Do at Live Oak

• Submission of Universal Purchase Packages:

  • Prepare and submit Universal Purchase Packages to the SBA in compliance with regulatory and company requirements. Communicate with the SBA regarding credits in liquidation status and follow up reporting on CPC and Wrap Up reports.

  • Ensure all required documentation is included and accurately completed.

• Reporting & Data Management:

  • Prepare and generate regular reports related to Special Assets loan performance and credit risk using Salesforce and Excel.

  • Analyze and review loan data to assess credit risk and flag potential issues for review.

  • Ensure all reports are accurate timely and distributed to the necessary teams.

• Credit Risk Assessment:

  • Verify and validate data used in credit risk assessments to ensure accuracy and consistency.

  • Assist in the review of loan and asset data to identify and assess credit risks.

• Financial Analysis:

  • Support the Special Assets team in performing in-depth financial analysis of special assets including reviewing financial statements cash flows and other key metrics to assess the financial health and performance of assets.

• File Maintenance:

  • Maintain and organize digital files for all Special Asset accounts within Salesforce ensuring files are up-to-date complete and accessible.

  • Monitor file status and ensure all supporting documentation is accurately stored and easily retrievable.

• Invoice Management:

  • Process and submit invoices related to services completed for the Special Assets team ensuring proper allocation and reconciliations ensuring timely and accurate payment.

• Third-Party Report Management:

  • Order and manage third-party reports (e.g. appraisals environmental reports business valuations and site visits) as needed to assess the condition and performance of Special Assets.

  • Ensure timely receipt and document the file to maintain workflow efficiency.

• Process Improvement:

  • Contribute to the development and improvement of internal processes related to Special Assets reporting and documentation.

  • Identify opportunities for enhancing efficiency accuracy and compliance in asset management and reporting.

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

Required Experience

• Demonstrated experience preparing and submitting SBA Universal Purchase Packages (UPP) in strict accordance with SBA Standard Operating Procedures

• Ability to handle sensitive information with discretion and maintain confidentiality

• Strong analytical skills and attention to detail

• Excellent organizational and time-management skills

• Strong verbal and written communication skills

• Ability to work independently and collaborate within a team environment

• Experience in a finance credit risk or asset management role preferably with exposure to SBA lending or special asset management

Preferred Experience

• Bachelors degree or equivalent experience

• Experience with Salesforce Excel and reporting tools is highly preferred

• Familiarity with Salesforce or similar CRM tools

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.