Credit Associate (Primarily Underwriting Small Business Administration Guaranteed Loans)

Job Summary

This job reports up through Banking Group Portfolio Management (BGPM). BGPM is responsible for underwriting new loan opportunities and managing a portfolio of loans in the following industry and business segments: Energy, Leveraged Finance, Healthcare, Asset Based Lending, Diversified, Middle Market (including Agribusiness), Business Banking, Private Banking, Small Business and SBA. This particular position will be primarily focused on underwriting SBA guaranteed loans.

Essential Functions

• Evaluate loan requests to properly identify purpose, risk elements, and collateral adequacy.
• Assess the liquidity, quality of management, market position, industry and overall business climate to estimate future profitability of business.
• Analyze credit data, financial statements (cash flow, balance sheet, income statements), and tax returns (both personal and business) to determine creditworthiness and the degree of risk involved in extending credit or lending.
• Apply accounting principles to financial modeling.
• Input, interpret, and assess risk rating model output and client data to develop a credit recommendation.
• Develop the credit write-up to make loan structuring decisions within delegated authority or make recommendations to the appropriate Credit partners/Officers; document and communicate findings providing relative guidance.
• Identify deteriorating credits early and escalate with well thought out/experienced recommendations for restructure.
• Initiate annual reviews.
• Review loan documentation to ensure loan documents match terms and conditions outlined in the credit approval.
• Create and maintain credit files, and develop spreadsheets based on financial statements to facilitate foundational underwriting analysis.
• Provide financial analysis and portfolio administration to ensure timely and accurate risk ratings.
• Prepare loan packages and monitor and maintain loan portfolios.
• Serve as a mentor, coach, and trainer for Credit Analysts.
• Collaborate with bankers and credit partners to drive the efficiency and effectiveness of the credit process to meet client expectations.
• Participate in periodic projects related to changes in risk management processes, policies or environment and/or underwriting process improvement/optimization.

Skills

• Able to gather or pull together relevant information and utilize it to draw insights, conclusions, solve problems, make decisions and/or tell a story.
• Able to effectively utilize various tools and techniques, including financial ratios, to evaluate a borrower's financial strength and assess risk.
• Able to effectively identify, assess, and control potential risks involved with corporate lending.
• Able to effectively interpret and negotiate credit agreements and loan documentation.
• Able to clearly, concisely, and persuasively convey information, whether verbal, written, or nonverbal.
• Able to effectively synthesize large amounts of complex information into a more consumable summary.
• Able to carefully evaluate the impact of all emerging and/or existing considerations and choose the best path forward using informed, rational, and effective decision-making techniques in various lending and business situations.

Qualifications

• Bachelor's Degree or equivalent work experience in finance, accounting, economics and/or business (required).
• Minimum 2 years of commercial/specialty client segment underwriting, credit, banking and/or financial services experience (required).
• Competent with Microsoft Office and the ability to learn and effectively utilize other technology applications (required).
• Understanding of financial models (required).
• Demonstrated understanding of commercial credit underwriting/approval methodologies, credit policies and procedures (required).
• Strong presentation and communication skills, with the ability to collaboratively make an impact (required).
• Able to plan, multi-task, manage time effectively, and work, often independently, with limited supervision of senior team members (required).