Credit Analyst

Reports to: Market President or Regional President Position Type: Full-Time, Permanent Travel: Occasional Location: In-person; Missoula, MT only Position Overview The Credit Analyst supports end-to-end execution of MoFi’s lending activities by providing client communication, document assistance, analysis, credit package preparation, and closing coordination for an assigned pipeline of loans. This role is responsible for translating borrower information, financial statements, collateral data, and underwriting assumptions into clear, accurate analysis for final underwriting by a loan officer. The Credit Analyst works closely with Loan Officers, Market Presidents, and other team members to maintain up-to-date pipeline and eligibility information, prepare committee-ready materials, and ensure loans are documented, approved, and boarded in alignment with MoFi’s policies and risk standards. From participating in eligibility calls and organizing documentation through coordinating approvals, closings, disbursement tracking, post-close cleanup, and customer service to existing loan clients, the Credit Analyst helps move loans from referral to funded status while delivering a responsive, professional experience for bankers and borrowers. Business Development and Partner Support Respond to banker inquiries and outreach requests, providing timely information and support to advance qualified opportunities. Support outreach efforts by participating in meetings and follow-up with bankers and referral sources, ensuring referred deals are acknowledged and advanced appropriately. Provide clear, concise loan status updates to the Market President and other lending team members to support relationship management and pipeline visibility. Final Eligibility and Documentation Participate in inquiry (IQ) calls and accurately capture key information, ensuring loan files reflect current eligibility, structure, and risk considerations. Maintain accurate, up-to-date pipeline records, including deal stages, document status, and newly received data, to support effective pipeline management and reporting. Underwriting and Credit Analysis Enter and validate historical financials and projections in underwriting templates as needed, ensuring accuracy so that DSCR and other key metrics are calculated accurately. Analyze and summarize collateral values in nCino and document business debt, ownership background, and willingness assessments in credit presentations. Prepare clear, well-organized credit underwriting files, including loan overviews, sources and uses, personal financial statements, and balance sheets, for Loan Officer and committee review. Calculate DSCR, Keith scores, and other required risk indicators, ensuring nCino fields are complete and accurate for credit package production. Draft and refine loan overview and owner narrative sections in credit packages, ensuring they reflect a coherent story of the borrower, transaction, and risk profile. Coordinate with the Loan Officer to review spreads, identify issues or stopping points, and recommend any needed changes to letters of intent, structures, or conditions. Perform underwriting for Express loans and enter any required SBA language or details in nCino and credit presentations. Create applicant reporting schedules and prepare client financing letters of intent for review and delivery. Approval, Closing, and Loan Boarding Prepare and record committee meeting minutes and ensure they are saved in the appropriate client file. Document all committee-imposed conditions accurately in the nCino product package to ensure clear tracking and compliance. Conduct post-committee calls with applicants to communicate outcomes, next steps, and documentation requirements. Lead pre-closing coordination by setting target closing dates, collecting post-approval due diligence, and creating pre-closing checklists and term sheets. Manage closing logistics, including scheduling closings with borrowers, attorneys, title companies, and internal staff; coordinating collateral filings with Legal; and confirming compliance sign-off prior to closing. Prepare and/or assemble loan documents, SBA forms, and required closing packages; attend closings as needed to support a smooth borrower experience. Create and maintain disbursement tracking tools, including construction draw tracking when applicable, and ensure all contingencies are cleared before funding. Board closed loans accurately, coordinate closing documentation with Accounting, enroll clients in ACH, and complete post-close cleanup, including required filings and system updates (e.g., eTran for SBA CA loans). Track and document any changes from approval through closing with memos saved to the product package to maintain a clear audit trail. Qualifications Required Foundational understanding of how loans work, including basic concepts of credit, collateral, and repayment. Excellent written and verbal communication skills, with the ability to explain financial information and process steps in clear, accessible language to diverse audiences. Strong organizational and time management skills, with the ability to prioritize multiple deals, deadlines, and stakeholder needs in a fast-paced, evolving environment. Demonstrated ability to build trust and provide responsive, respectful customer service to a wide range of clients and partners. High degree of integrity, accountability, and professional discretion in handling sensitive financial and personal information. Alignment with and commitment to MoFi’s mission to expand equitable access to capital and support inclusive economic opportunity. Preferred 1+ years of experience in lending, credit, banking, or financial services, ideally with exposure to underwriting, credit analysis, or client servicing. Demonstrated experience with credit evaluation, cash flow analysis, loan structuring, and/or underwriting for small business or commercial borrowers. Strong analytical skills with the ability to interpret financial statements, projections, and collateral structures and translate them into clear credit recommendations. Experience supporting or managing a loan pipeline from intake through closing and servicing, balancing accuracy, timeliness, and client experience. Experience working directly with bankers, referral partners, and clients, including discussing products, structures, and credit decisions. Sound judgment in raising risks, recommending options, and supporting credit and business decisions that balance mission impact, risk management, and portfolio performance. High level of accuracy and attention to detail in analysis, documentation, data entry, and system updates (including use of nCino or similar systems). Comfort with technology and proficiency using CRM, loan management, and reporting systems; familiarity with Salesforce and/or nCino preferred. Bachelor’s degree in finance, business, economics, or a related field preferred, or an equivalent combination of education and relevant experience. Compensation Salary is $60,000 - $93,000. Additional compensation includes full employer-paid medical, dental, and vision benefits; employer-sponsored 401K retirement benefits; life insurance; holiday savings matching program; monthly wellness stipend; paid vacation, holiday, and sick leave; and short- and long-term disability and AD&D. #J-18808-Ljbffr