Credit Analyst

Junior SBA Credit AnalystWith the assistance of senior team members, the Junior SBA Credit Analyst provides foundational analytical support to the commercial lending team by evaluating the financial strength and creditworthiness of small business loan applicants. Operating in an entry-level capacity, the primary focus of this role is to develop expertise in commercial financial statement analysis, reporting and SBA regulatory guidelines (SBA 7a and 504 programs). This position serves as a training pipeline, transforming strong academic foundations in accounting and finance into practical skills required to assess risk, structure compliant loans, and support the credit approval process.Essential Functions and Basic DutiesFinancial Spreading & Analysis: Inputs and analyzes financial data from borrow tax returns, CPA-prepared statements, interim balance sheets, and profit & loss statements.SBA 1502 Reporting & Compliance: Assists with the monthly preparation, balancing, and submission of the SBA Form 1502 report to ensure accurate tracking of loan disbursements, outstanding balances, secondary market payments, and SBA fee remittances.Credit Underwriting Support: Assists senior team members in calculating and reviewing global cash flow, Debt Service Coverage Ratios (DSCR), and net worth by evaluating Personal Financial Statements (PFS) and tax documents as required.SBA Eligibility Verification: Reviews loan requests against current SBA Standar Operating Procedures (SOP) to ensure basic applicant eligibility, franchise approval status, and use of proceeds compliance.Credit Memo Preparation: Drafts preliminary sections of Loan Approval Worksheets (LAWs) and credit memos, summarizing credit strengths, potential risks, and identified mitigating factors, as required.File Management & Compliance: Monitors the collection of required underwriting documents and clears post-approval credit conditions to ensure files are complete for the closing team.Collaborative Support: Partners with Relationship Managers/Loan Officers and other collaborators to promptly resolve basic financial data gaps or documentation discrepancies found during the initial file review and to provide preliminary SBA loan structures.Supports overall team objectives by completing additional tasks as requested by management.The above statements describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this job description amended at any time.Supervisory Responsibilities: This role has no supervisory responsibilities.QualificationsEducation/Certification: Bachelor's degree in Accounting, Finance, Economics, or a related business discipline is required or equivalent practical experience.Required Knowledge: Successful completion of core accounting courses (e.g., Financial and Managerial Accounting) and finance courses (e.g., Corporate Finance, Financial Analysis) is required.Experience Required: 1 to 3 years of Commercial Credit Analysis experienceSkills/Abilities: Intermediate proficiency in Microsoft Excel (formulas, data organization) with a strong aptitude for learning proprietary banking and financial software. High attention to detail, strong quantitative problem-solving skills, and clear written communication capabilities.Physical Activities and Requirements of This PositionTalking: Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.Average Hearing: Able to hear average or normal conversations and receive ordinary information.Repetitive Motion: Movements frequently and regularly required using the wrists, hands, and/or fingers.Average Visual Abilities: Average, ordinary, visual acuity necessary to prepare or inspect documents or products or operate machinery.Physical Strength Work; sitting most of the time. Exerts up to 10 lbs. of force occasionally. (Almost all office jobs.)Working Conditions: None: No hazardous or significantly unpleasant conditions (such as in a typical office).Mental Activities and Requirements of This PositionReasoning Ability: Ability to deal with a variety of variables under only limited standardization. Able to interpret various instructions.Mathematics Ability: Ability to compute discount, interest, profit, and loss; commission markup and selling price; and ratio, proportion, and percentage. Able to perform very simple algebra.Language Ability: Ability to read a variety of books, magazines, instruction manuals, atlases, and encyclopedias. Ability to prepare memos, reports, and essays using proper punctuation, spelling, and grammar. Ability to communicate distinctly with appropriate pauses and emphasis, correct pronunciation (or sign equivalent), and variation in word order using present, perfect, and future tenses.Monday - Friday: 8:00AM - 5:00PM 40 hours