SBA Credit Analyst
full-time•Fuquay-Varina
About this role
SUMMARY:
The SBA Credit Analyst will support the SBA associates in completing credit memorandums for new and existing bank relationships. Key responsibilities include inputting and analyzing financial statement data and interpreting the repayment capacity of borrowers. The position will report to the Manager of SBA Credit Administration of the bank and work closely with Senior Credit Officers to minimize risk and help grow revenue for the bank. The SBA Credit Analyst will be crucial in completing timely annual reviews of the bank’s largest loan customers.
PRINCIPAL ACCOUNTABILITIES:
Time: Description:
10% Insure loan packages are complete according to bank policy.
25% Input and analyze financial statements and credit bureaus using proprietary bank software (primary tax returns).
20% Determine business and global cash flow of commercial borrowers.
15% Perform analysis on diverse types of collateral.
5% Assist lenders in determining the most appropriate loan structure.
5% Partner with SBA bankers in completing credit memorandums for various sized businesses and requests.
10% Collaborate with SBA bankers and Senior Credit officers to complete annual reviews on large borrowers.
5% Assist Chief Credit Officer with regulatory compliance.
5% Other duties as assigned.
BASIC QUALIFICATIONS:
Bachelor's degree and 2 years of experience in Small Business Administration lending or an equivalent combination of education and experience.
ADDITIONAL QUALIFICATIONS:
- Experienced in reading balance sheets, income statements, credit reports, personal financial statements.
- Strong understanding of business entity legal structures, risk rating, and financial statement ratio analysis.
- Ability to locate and use relevant industry analysis.
PREFERRED QUALIFICATIONS:
Excellent computer skills including experience with proprietary bank software and Microsoft Office.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job.
They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
Affirmative Action/Equal Employer
What you'll do
- The SBA Credit Analyst will support SBA associates in completing credit memorandums and analyzing financial data. They will work closely with Senior Credit Officers to minimize risk and conduct annual reviews of large loan customers.
About Fidelity Bank
Fidelity Bank has over 123 years of exceeding its clients' expectations with engaging and client-focused employees who listen, understand, and recommend the products and services that best suit YOU. The team of Fidelity Bankers focuses on serving as trusted financial advisors to its clients and acting as a financial partner for your family or business.
Headquartered in Northeastern Pennsylvania, Fidelity Bank has 21 branch offices throughout the Scranton/Wilkes-Barre area and the Lehigh Valley, as well as full-service Trust & Investment divisions, a dedicated Mortgage Center, a complete line of business and commercial banking products and services, and 24 hour a day, 7 day a week accessibility.
Member FDIC. Equal Housing Lender. SBA Preferred Lender.
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Frequently Asked Questions
What does a SBA Credit Analyst do at Fidelity Bank?
As a SBA Credit Analyst at Fidelity Bank, you will: the SBA Credit Analyst will support SBA associates in completing credit memorandums and analyzing financial data. They will work closely with Senior Credit Officers to minimize risk and conduct annual reviews of large loan customers..
Is the SBA Credit Analyst position at Fidelity Bank remote?
The SBA Credit Analyst position at Fidelity Bank is based in Fuquay-Varina, North Carolina, United States. Contact the company through Clera for specific work arrangement details.
How do I apply for the SBA Credit Analyst position at Fidelity Bank?
You can apply for the SBA Credit Analyst position at Fidelity Bankdirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.