Analyst, Sponsor Finance

About Us

Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America's Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people.

We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.

The Analyst, Sponsor Finance will enable the success of the team by supporting a portfolio of borrowers across the credit life cycle. The Analyst works closely with the Sponsor Finance deal team to assist in winning new business as well as to retain and manage existing client relationships. The Analyst will work with other loan support functions to ensure borrowers are appropriately onboarded and serviced throughout the life of the loan.

• Prescreen deals; help evaluate, manage, and prescreen Sponsor Finance deal opportunities
• Loan Documentation; review, manage, and negotiate the loan documentation process through closing
• Underwriting; spread and analyze borrower financials
• In partnership with Loan Officers and Portfolio Managers, create the appropriate credit overview materials
• Assist the Loan Officer and Portfolio Managers as appropriate during term sheet negotiations
• Portfolio Management; support the monthly Portfolio Review process and complete the PR sheets for each assigned client
• Participate in the internal process for Amendments and Renewals and assist the Loan Officer and Portfolio Manager externally as appropriate
• Join ongoing client calls as part of the portfolio management process.
• Assist with the credit post-closing
• Participate in other strategic initiatives and credit-related projects as needed; this may include identifying new opportunities (credit or otherwise) within the existing portfolio and working to expand key Sponsor Finance relationships
• Primary responsibilities will include assisting Lending team on all aspects on the lending process
• Assist with the credit transaction process from approval through post-closing
• Collect and review initial materials for deal screening
• Assist lending with prescreening deals, presentations to credit, and term sheet drafting
• Responsible for underwriting complex credits with the support of Loan Officers and Portfolio Managers
• Assist Portfolio Managers and Loan Officers in the presentation of deals to the loan committee
• Responsible for financial analysis and modeling of both new lending opportunities and existing clients in a variety of lending products
• Works closely with the lending and closing departments to coordinate pre-closing activities, loan documentation review and negotiation, as well as other responsibilities throughout the closing process
• Develops in-depth knowledge of banking and lending products, policies, procedures, and regulatory requirements, as well as market and industry activities and trends
• Ensure proper monitoring of current loans and credit lines, financial performance updates, and portfolio review
• Maintain a high standard of regulatory awareness including BSA, AML, CIP, and OFAC
• Performs other related duties as assigned or requested

• Bachelor's degree or equivalent experience
• Knowledge of various types of loans, credit analysis, spreading and analyzing financial statements, risk analysis, credit scoring, loan documentation, etc.
• Strong working knowledge of banking products, services, policies, procedures, and regulations
• Strong client product and relationship management skills
• Excellent organizational skills with the ability to prioritize and manage workload
• Strong credit and underwriting knowledge
• Excellent internal and external customer service and relationship management skills

• Excellent written and verbal communication skills
• Maintain effective working relationships with all levels of bank personnel
• Prioritize responsibilities…