Business Loan Analyst

Core Responsibilities

• Review and analyze MBL loan applications, financial statements, tax returns, credit reports, and other supporting documents for businesses.
• Perform financial analysis, including cash flow analysis, to determine the financial viability of the loan and the level of risk involved.
• Follow up on missing documents and/or information with the Business Loan Consultant.
• Communicate with borrowers during the application process as needed.
• Conduct in-depth due diligence on potential borrowers to verify the accuracy of information and ensure compliance with lending policies and regulations.
• Prepare credit write-ups.
• Communicate loan decisions to clients and collaborate with other internal teams.
• Support closing team with collecting required documents and information from borrower(s) in preparation for closing, review pre-closing conditions and gather the necessary approvals to proceed with closing.
• Assist portfolio administration team with collecting documents required for annual reviews.
• Assist management in preparing monthly closing pipeline reports.
• Perform other duties as assigned by manager or as needed.

Requirements

• Minimum 2 years’ experience in lending field or financial environment, workflow organization and processing procedures.
• Comprehensive knowledge of commercial and business lending with completion of formal commercial loan analysis education on the evaluation of financial statements and tax returns, or prior work experience.

Pay

$27.57 - $33.94 per hour

Benefits

• Medical, Vision and Dental Insurance
• Retirement Plans
• Life Insurance Plans
• Tuition Reimbursement
• Pet Insurance
• Generous Paid Time Off policy including Vacation, Personal and Sick Time, as well as, a Birthday Day off.

Equal Opportunity Employer

An Equal Opportunity Employer