Senior SBA/Commercial Credit Analyst

Redwood Credit Union is seeking a Senior SBA/Commercial Credit Analyst who will prepare SBA and commercial loan applications in accordance with the Credit Union’s underwriting guidelines and influence the quality of credit through guideline adherence. Draft loan recommendations, including analysis of financial and other information, to present in a concise, accurate written form as prescribed by Credit Union without assistance. Assist with administration of the loan portfolio. Provide peer leadership in the areas of credit analysis, SBA processes/procedures and portfolio review. Requires extensive knowledge of the loan requirements for SBA and commercial lending with a demonstrated ability to perform research activities and loan portfolio analyses.

Key Responsibilities

Business Loan Functions:

o Review and approve annual portfolio analyses for all BSA loan files.
o Serve as backup to management to support credit and portfolio analysis supervisory activities.
o Assist Credit Analysts and Portfolio Specialists with questions and training needs, including SBA SOP understanding, SBA loan process/procedures, all commercial credit analysis, financial spreading, covenant, and condition management.
o Assist Senior Management in making key business decisions that require knowledge in SBA underwriting and compliance.
o Analyze credit worthiness, including review of tax returns, financial statements, credit reports, business plans, and other relevant information.
o Prepare draft credit recommendation, risk rating recommendation, spreadsheets, and other approval documents.
o Structure credit memos to best meet the Credit Union’s risk and profitability requirements while maintaining a competitive position in the marketplace.
o Determine SBA eligibility and ensure compliance with SBA policy.
o Present loans to the Business Loan Committee for approval, when applicable
o Underwrite and generate complete credit memos for all loan products.
o Maintain contact with other credit administration team members through the loan closing process as needed, to ensure all conditions and loan requirements are satisfied, including regulatory compliance.
o Perform periodic review of loans; maintain contact with Members and RCU team members as required.
o Maintain a complete understanding of RCU credit policy and SBA eligibility requirements under the SBA 7(a) and 504 guaranteed loan programs, with ability to assist others with related questions and research independently for unknowns.
o Thoroughly analyze and make recommendations for complex SBA and commercial real estate credits.
o Ensure compliance with pertinent government rules and regulations.
o Manage file through underwriting and approval process, working with loan officer, credit staff, Members, and outside service providers throughout process.

Member Service:

o Provide exceptional service to all Members, volunteers, internal team members and service providers.
o Respond to credit inquires.
o Call Members to request financial information or documentation, as required.
o Answer Member questions as they relate to Business Service deposits and loans.

Other Functions:

o Provide general assistance to Business Services department activities and projects.
o Complete special projects as assigned.

Join us and discover why you'll love working at Redwood Credit Union!

ABOUT REDWOOD CREDIT UNION (RCU):

At Redwood Credit Union, our mission is to passionately serve the best interests of our Members and communities. Since 1950, we have been dedicated to supporting the financial well-being of our Members through better rates, low or no fees, and best-in-class customer service. Our purpose is to inspire hope and elevate the financial well-being of our communities one person at a time, through good times and bad.

As a not-for-profit financial institution, we are committed to a people-first approach, which is reflected not only in how we serve our Members, but also in how we treat our employees. Our leadership team is deeply focused on fostering a culture of heart and empathy, integrity, passion, inclusion, meaningful relationships, excellence, and ensuring financial well-being for all.

Why work for Redwood Credit Union?

• 25th largest credit union in the U.S. and the largest financial institution based in the North Bay

• Recognized by Newsweek as one of "America's Best Credit Unions 2026"

• Awarded a 5-Star Bauer Rating

• Recognized by Newsweek as one of "America's Greatest Midsize Workplaces 2026"

• Top Corporate Philanthropists (#24) - San Francisco Business Times

• Voted Best Places to Work in the North Bay 20 years in a row

• World-class Employee Engagement scores

• Rated Superior in Service by more than 90% of Members, surveyed by SF Gate

• Industry leading Net Promoter Scores across the U.S.

• Current knowledge of all laws, rules and regulations pertaining to business/SBA lending and compliance.
• Highly developed analytical skills for making sound credit decisions.
• Excellent written and verbal communication skills.
• Flexibility to manage time with ability to prioritize multiple tasks.
• Ability to work effectively under deadlines and stress.
• Ability to thoroughly analyze and make recommendations on an independent basis and demonstrate solid decision-making abilities.
• Thorough knowledge of all aspects of financial institution business services including lending methods, practices, and services.
• Knowledge of credit and interest rate economics.
• Knowledge of asset, liabilities, credit dynamics in a business services lending environment.
• Skill in the operation of a personal computer with word processing, spreadsheet and presentation software and Intra/Internet access.
• Ability to analyze problems and opportunities, identify and evaluate alternatives, and develop sound, effective approaches.
• Ability to communicate effectively both verbally and in writing.
• Ability to work independently with minimal supervision.

The ideal candidate has a combination of education and experience equivalent to a bachelor’s degree in business administration, finance or closely related field, and a minimum of five years of experience with commercial financial analysis or underwriting, and a minimum of three years of experience with SBA loans.

Compensation: Base starting range: $51.00 to $67.00 hourly commensurate with experience.

Our base salary starting range is based on scope and responsibilities of the position, candidate's work experience, education/training, key skills, and internal peer equity. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.

Redwood Credit Union offers a robust benefits package to our eligible employees including:

• Competitive medical, dental, and vision insurance, mental health offerings

• Employee performance incentive plan

• Salary Advancement– Merit increase based on performance

• 401(k) program with employer match

• Time Off- Competitive PTO accrual plus 11 paid company holidays and your birthday off!

RCU Discounts and Perks:

• RCU employees are eligible for a .75% discount off RCU standard collateral auto loans

• RCU employees are eligible for a 1% discount on all recreational or boat loan products

• 2% discount off Visas and LOC Loans through RCU

• 0% interest loan to support employees with various immigration related expenses such as visa application fees and relocation costs. Loan amount up to $1,000.

• 0% interest loan to support employees with expenses associated with the naturalization process. Loan amount up to $15,000.

• 0% interest on garment, fitness, or home office equipment loan of up to $500

• 100% financing for employee purchased homes!

Physical Requirements:

• Ability to stand, bend, stoop, sit, walk, twist, and turn.

• Ability to lift up to 15 pounds.

• Ability to use a computer keyboard and calculator.

• Work environment is indoors; majority of the time is spent sitting at a desk.

*Redwood Credit Union is not offering Visa transfers and/or sponsorships for this position.

Internal Team Members: If you are a current Team Member, please apply through the internal careers page located in RCUNET.

We are an Equal Opportunity Employer