Senior Credit Analyst

Job Description

The Senior Credit Analyst is responsible for reviewing the creditworthiness of individuals or businesses to determine the risk involved in lending money or extending credit for the bank’s Commercial and SBA Lending divisions.

Essential Duties and Responsibilities

• Analyze credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money or extending credit.
• Prepare Pre-Flight of the potential loan for the Chief Credit Officer and Senior Management to determine if moving forward with a proposal and ultimately to underwriting meets with the Bank’s and management’s expectations, along with the bank's overall strategy.
• Aid in structuring the loan specifics.
• Prepare a deal checklist of items needed for credit submission for loan officer review.
• Work with multiple loan files in various stages of completeness to move them towards credit submission.
• Gather all items needed for credit submission by following a pre-determined credit submission checklist.
• Interact with the borrower to ensure all items are needed for a complete package.
• Collaborate with the loan officer and the customer to answer any additional questions in order for loan approval.
• Maintain ongoing credit training.
• Manage and assist with various commercial and SBA lending underwriting transactions for approval.
• Organize, prepare, and present loan presentations to the loan committee.
• Prepare annual loan file reviews.
• Monitor the loan policy exception report with review and quarterly updates.
• Maintain the loan portfolio and manage all ticklers and exceptions.

Experience

• 5+ years of underwriting experience with a community bank.
• Strong knowledge of commercial banking underwriting, SBA small loan underwriting is a plus.

Qualifications

• Exceptional oral & written communication skills.
• Highly organized and detail-oriented.
• Bachelor’s Degree in Accounting, Finance, Economics, or a related field.
• Experience with Salesforce is a plus.

Opportunities & Benefits

• Mission-driven culture focused on small business banking.
• Competitive compensation and equity participation where applicable.
• Employer-paid medical, dental, vision, life, and disability insurance for eligible employees and dependents.
• 401(k) retirement plan.
• Flexible vacation policy.

About the Role

This position is based in Northbrook, IL, and requires the ability to be in the office.

Benefits

SmartBiz Bank offers competitive compensation and equity participation where applicable. Employer-paid medical, dental, vision, life, and disability insurance for eligible employees and dependents. A 401(k) retirement plan is also available. Flexible vacation policy.

Schedule

Not specified.

Pay

Not specified.