Senior Credit Analyst - SBA
About the role
We are seeking an experienced SBA Senior Credit Analyst to join our growing Credit and SBA teams in St. Louis Park. The SBA Senior Credit Analyst will provide support to the lenders by evaluating the financial condition and eligibility of businesses applying for Small Business Administration (SBA) lending credit with the bank. The SBA Senior Credit Analyst partners closely with the SBA lenders, portfolio managers, credit officers, and loan operations teams to support lending decisions, SBA compliance, and portfolio quality. Picture yourself at one of the Twin Cities’ best places to work, surrounded by people who challenge you, support you, and inspire you to be your best. Welcome to Bridgewater Bank. We’re on a mission to be the finest entrepreneurial bank in the Twin Cities. Like true entrepreneurs, we run fast and lean. We are in constant evolution and the runway for personal and professional growth is long. People are our strength, and that’s why we’ve created and sustained an award-winning culture that promotes growth and celebrates the big and little wins along the way. At the end of the day, we believe competitive salaries, top-tier benefits, and transparency into the business is a given. Working together toward something meaningful with people you enjoy, is just a bonus! Will you join us?
Responsibilities
- Prepare credit presentations to be used in the credit approval process including cash flow analysis, forecasting of future performance, industry trends, and loan performance histories
- Verify eligibility of borrowers, loan purposes, collateral requirements, and loan program under SBA guidelines
- Collect, review, and analyze loan requests, financial information, appraisals, title insurance, etc. for larger, more complex deals
- Ensure credit presentation and analysis complies with current SBA Standard Operating Procedures (SOP), program requirements, and internal credit policies.
- Assist in maintaining SBA guaranty integrity through accurate documentation and underwriting practices from initial loan approval through loan closing.
- Partner with SBA Bankers and Portfolio Managers in maintaining positive relationships with new and existing clients by providing timely feedback to client requests and questions
- Assign risk ratings to support loan requests
- Prepare annual reviews of existing loan relationships
- Mentor other Credit Analysts
- Prepare spreadsheets, reports, summaries and recommendations on loan structure/pricing for lenders
- Conduct property inspections to ensure accuracy
- Assist loan and credit department managers with special projects for managing risks in the lending function
- Maintain knowledge of all supporting software