SBA Credit Analyst III

This hybrid position can be based in Bend, OR; Boise, ID; Coeur d'Alene, ID; Denver, CO; Sioux Falls, SD; Spokane, WA or Billings, MT. Summary The SBA Credit Analyst III is primarily responsible for underwriting SBA 7a loans (over $500,000) and SBA Express lines of credit. This position works closely with SBA Loan Specialists and Relationship Managers to provide information and assistance regarding outcomes on application decisions. The analyst follows established guidelines and procedures, maintains advanced knowledge of credit policy, bank products, and SBA Standard Operating Procedures (SOP), including program requirements for 7(a) loans. The analyst may also assist with portfolio management and credit quality monitoring, policy development, and training/mentoring of other Credit Analysts. Essential Duties and Responsibilities Maintain extensive knowledge of current SBA policy as well as any updates provided through procedural notices. Read, review, and understand various financial statements, including but not limited to tax returns, balance sheets, profit and loss statements, agings, borrowing base certificates, debt schedules, equipment lists, credit bureau reports, rent rolls, lease agreements, and appraisals. Prepare SBA specific financial spreads for various types of commercial and real estate businesses and individuals acting as direct obligation borrowers or guarantors. Analyze credit worthiness of commercial applicants and guarantors as appropriate by reviewing the loan application, spreading historical and projection based financial statements, calculating cash flows, leverage, and liquidity ratios, evaluating collateral, conducting research on the borrower(s) and key industries, and identifying risks. Analyze findings and author a comprehensive report of analysis using a mix of data analysis (charts, formulas, graphs, etc.) and written narrative. Evaluate credit quality and suggest a proper risk rating based on analysis of most recent financial information. Possess proficiency relative to credit transactions and analytical skills sufficient to enable independent underwriting of commercial requests for streamlined to moderate complexity requests with limited guidance from the immediate manager. Ensure compliance with applicable regulations and keep up to date with changes in federal regulations and FIB credit policy requirements. Complete financial performance metric covenant testing utilizing prepared financial spreads. Participate in a quality control program that provides for the monthly review of general forms, spreads, and analysis with the provision of feedback and mentoring. Participate in the production and development of training materials and assist with the delivery of training through various channels. Partake in a mentorship program with lower-level analysts to assist in the guidance and overall development of credit acumen. Act as a resource for Relationship Managers and other analysts for questions relating to loan policy, loan structuring, and underwriting recommendations. Qualifications Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Possess strong organization and time management skills. Possess excellent written and verbal skills. Ability to develop and maintain internal and external relationships with SBA Loan Specialists, Relationship Managers, Credit Officers, and Risk Management Personnel. Ability to work in a fast‑paced environment, set priorities, and establish and meet strict deadlines with flexibility to adapt quickly to changing priorities. Be self‑motivated and possess the ability to assist with credit risk decisions. Possess strong analytical and problem‑solving skills, as well as attention to detail. Ability to prioritize and work with others in an integrated way to achieve individual objectives and team results with flexibility to adapt to changing volumes, requirements, and areas of focus. Proficiency with Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint. Proficiency with financial spread software. Ability to acclimate quickly to other programs. Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to create comprehensive reports, business correspondence, and procedure manuals. Ability to effectively present complex information succinctly and respond to questions from groups of managers, clients, customers, and the general public. Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry. Ability to create, interpret, and explain spreadsheet analysis. Ability to apply a common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with complex problems involving several concrete variables in standardized situations. Review commercial loan applications to assess SBA eligibility and complete/document the bank’s credit elsewhere certification within the Commercial Lending Center. Demonstrated ability to structure complex credits, thorough understanding of SBA Standard Operating Procedures (SOP) and policy requirements, strong leadership skills, strong computer skills, excellent analytical skills, and understanding of financial statement analysis, key financial ratios, and credit evaluation methods. Thorough knowledge of commercial activities including, but not limited to, cash flow analysis, collateral analysis, as well as problem loan strategies (including when to refer to Special Assets). Strong understanding of compliance requirements, regulatory guidelines, and FIB credit policies and procedures. Education and/or Experience High School Diploma or General Education Degree (GED) required. Bachelor’s Degree in Business, Finance, or related field preferred. 7–9 years banking experience and/or equivalent combination of education and experience required. Commercial banking experience preferred. Physical Demands and Working Environment Dexterity of hands/fingers to operate computer keyboard and mouse – Frequently. Lifting – Occasionally (up to 10 lbs). Sitting – Frequently. Overtime – Subject to business need. Noise Level – Moderate. Typical Work Hours – M‑F (8‑5). Regular and Predictable Attendance – Required. Compensation and Benefits We offer a competitive total compensation package including base salary and benefits. The anticipated pay range for this position is $32.63 to $50.61 per hour (in CO & WA) and depends on a variety of non‑discriminatory factors including, but not limited to, job‑related knowledge, skills and experience, education, and geographic location. Additionally, this role is eligible to receive annual discretionary cash bonuses. Benefits include medical, dental, vision, short‑term and long‑term disability benefits and life insurance, flexible spending accounts, health savings account, employee assistance program, 401(k), paid time off (new hires accrue at .069 per hour worked, equivalent to approximately 18 days per year inclusive of paid sick time), and up to 11 paid Federal holidays. Please note this information is provided for those hired in Colorado and Washington only, and this role is open to candidates outside of Colorado and Washington with compensation that aligns with the candidate’s location. For more information regarding our benefits, please visit the company’s employee benefits page. #J-18808-Ljbffr First Interstate