SBA Credit Analyst 6

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career.

Try new things, learn new skills and discover what you excel at—all from Day One.

Responsible for approving the extension of credit and/or making recommendations to the person(s) making the final lending decisions on new, renewal, extension, and SBA-guaranteed loans to approve or deny the extension of credit. Prior to making the credit decision or advising the person(s) making the final credit decision, the Credit Analyst conducts a complete credit analysis including gathering, analyzing, and interpreting all types of credit information on existing and prospective customers.

This includes evaluating borrower eligibility, repayment capacity, collateral adequacy, and compliance with SBA lending guidelines and program requirements.

Reviews customer accounts and portfolios, including SBA 7(a) and 504 loans, to identify, evaluate, and determine the appropriate course of action on potential credit quality, servicing, and compliance issues in order to maximize credit quality, preserve SBA guaranty eligibility, and minimize risk and potential loss to the company. Responsible for analyzing financial statements, cash flow, collateral, and industry trends while ensuring adherence to bank credit policy and SBA Standard Operating Procedures (SOPs).

May use technological tools, including computer software, to assist in the credit analysis process by helping evaluate a particular credit or portfolio. The Credit Analyst will use such tools to compare and evaluate possible courses of action and will make recommendations and/or decisions after various possibilities are considered. Works closely with lending, underwriting, servicing, and portfolio management teams to support SBA lending initiatives and ensure accurate credit documentation and risk assessment.

• Bachelor’s degree, or equivalent work experience

• Typically six or more years of relevant experience

• Strong credit analysis and analytical skills

• Thorough knowledge of credit analysis, credit administration, credit policy and procedures, and risk analysis

• Thorough knowledge of SBA lending programs, including SBA 7(a) and 504 loan structures, underwriting considerations, and servicing requirements

• Background in economics, accounting, and/or finance

• Effective technical report writing skills, including preparation of credit memorandums and loan approval packages

• Effective verbal and written communication skills

• Proficient computer navigation skills using a variety of software packages

• Experience reviewing financial statements, personal and business tax returns, cash flow analyses, collateral valuations, and guarantor support for SBA lending transactions

• Experience with SBA 7(a) and 504 loan programs, including underwriting, portfolio monitoring, servicing, and annual review processes

• Familiarity with SBA SOP 50 10

• Knowledge of SBA eligibility, guaranty preservation, collateral, and compliance requirements

• Proficiency in nCino, AFS, and Excel

• Effective technical writing skills for credit memorandums, annual reviews, and credit approval documentation

• Ability to identify and escape portfolio, servicing, and compliance risks associated with SBA-guaranteed loans

• Experience partnering with relationship managers, underwriters, and servicing teams to support small business lending objectives

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are…