Senior SBA Credit Analyst

Leader Bank is looking for exceptionally dedicated team members to join one of the region's fastest growing community banks and mortgage lenders. At the time of its founding in 2002, Leader Bank had one branch office, $6.5 million in assets and 7 team members. Since then, the Bank has become of the most successful banks in Massachusetts with more than $4 billion in assets, more than 400 team members, 7 branch offices, and annual mortgage originations of over $2 billion.
Exemplary products and an innovative spirit have driven Leader Bank's rapid growth over the years, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long-term relationships with them by constantly enhancing our products and processes to always be improving our client experience. For our team members, Leader Bank prioritizes competitive compensation and benefits, a healthy work-life balance, and an environment that fosters diversity and inclusion.
Summary
This position is responsible for the evaluation of commercial credit and deal structure for small business customers. Prepare a thorough analysis of all aspects of the credit, including the preparation of financial spreads including projections in conformance with established Bank policies and procedures for new loan requests, renewals, and annual reviews.
Responsibilities

• Prepare Credit Approval Memoranda for analysis of repayment ability, collateral adequacy, credit worthiness, appropriate loan structure and adherence with SBA and Bank policies.
• Prepare financial analysis including proforma balance sheet analysis, working capital adequacy, leverage positions, collateral shortfall, ratio analysis.
• Analyze both historic and projected financial statements, and varying types of collateral.
• Ensure changes in the proposed change memos meet both SBA SOP requirement and Bank Credit policy/Guidelines.
• Maintain up to date knowledge of current SOP requirements through independent continuous learning, National Association of Government Guaranteed Lenders (NAGGL), and/or other outlets.
• Review and understand third party reports, including: appraisals, business valuations and Phase I/II environmental reports to ensure consistency with original approval requirements, and as proposed for change memos.
• Support preparation of periodic portfolio reviews conducted by regulatory agencies, loan reviews and internal audit.
• Conduct annual portfolio reviews, and credit & legal file audits.
• Manage credit renewals and maturities via portfolio monitoring. Interact with lending officers to obtain appropriate information to complete a credit analysis.
• Occasionally attend joint calls with the loan officer to gather more information about the business.
• Review standard commitment letters for conformance with approval terms.
• Attend credit training courses as needed.

Qualifications

• College degree in business, finance, or accounting
• 5+ years of credit analysis experience in SBA lending
• Strong communication and interpersonal skills are required
• Proficient in Microsoft Word and Excel

Leader Bank offers an excellent compensation and benefits package including: 401k plan with corporate match, medical and dental insurance, and the opportunity to work for a fast growing, local organization.
Leader Bank, N.A. is an Equal Opportunity and Affirmative Action employer and does not discriminate on the basis of race, color, religion, age, gender, marital status, sexual orientation, national origin, disability, military status, veteran status or any other protected class.