National SBA 7a Credit Analyst
About the position Northeast Bank's (NASDAQ: NBN) National Small Business Administration (“SBA”) Lending team is looking for a motivated and diligent Credit Analyst to support its loan underwriting and closing functions. Northeast Bank utilizes a technology-based origination platform and collaborates with an established Lender Service Provider (“LSP”) to underwrite and close SBA 7a Small Loans. Northeast Bank has earned a reputation for providing creative and responsive lending solutions and is powered by an experienced team with a successful track record. The Credit Analyst will be responsible for supporting the origination process including completing underwriting and closing due diligence items according to SBA Standard Operating Procedures (“SOP”). A successful candidate for the Credit Analyst position will have strong attention to detail and organizational skills. Responsibilities • Evaluate SBA 7a Small Loan applications via online portal to ensure files meet all Bank and SBA credit, eligibility, and risk standards. • Make credit decision recommendations on straightforward loan applications to the SBA Credit Manager. • Collaborate with the Bank's LSP to address and resolve any credit, eligibility, or documentation issues. • Confirm prepared loan documents are accurate and consistent with the approved credit memo. • Attend standing meetings with LSP and technology vendor to address any process or platform issues that may arise. • Support efforts to respond to various portfolio management or audit inquiries. • Successfully pass technical and regulatory examinations required by the Company. Requirements • Bachelor's degree with a strong track record of performance and leadership. • Prior banking experience in loan underwriting, asset management, and/or loan processing preferred. • Outgoing, charismatic, and comfortable engaging with people in all types of environments through all mediums (phone, in person, via email). • Team-orientation with a desire to learn and improve. • Outstanding interpersonal, verbal, and written communication skills. • Formal bank credit training a plus. Benefits • Competitive compensation and benefits • Generous PTO • Hybrid work environment dependent on the role Apply tot his job