SBA Portfolio Analyst

About iBusiness Funding

iBusiness Funding is a leader in providing innovative Software as a Service (SaaS) solutions for banks and lenders, with a specialization in SBA lending. We build scalable lending platforms that streamline the business lending process, allowing lenders to efficiently deliver capital to small and medium-sized businesses.

To date, weve processed over $7 billion in SBA loans and handle more than 1,000 business loan applications daily. Our team is driven by our core values of innovation, integrity, enjoyment, and family.

As a top five SBA 7(a) preferred lender, our parent company offers SBA express and small loan capabilities. Join us and be part of a team thats transforming the finance industry and empowering businesses to thrive!

Position Description:

The SBA Portfolio Analyst is responsible for wide array of portfolio monitoring and servicing credit analysis functions primarily related to SBA Lending. This position requires knowledge of the Standard Operating Procedures for SBA 7(a) lending (SBA SOP) and experience associated with regulatory compliance requirements. This role will support the ongoing credit servicing department for all loans while providing the financial analysis for loan within servicing portfolio. Prior SBA servicing experience is preferred. The SBA Portfolio Analysts responsibilities include:

• Responsible for reviewing initial spreading data of financial statements and tax returns of borrowers and guarantors
• Complete thorough credit analysis of existing borrowers including loan servicing action requests on SBA loans (payment deferment, terms extensions, rate changes, loan collateral changes, etc.)
• Prepare financial annual reviews as needed
• Proactively manage portfolio of SBA loans for any risk grading changes or loan status changes
• Test and prepare loan covenants performance indicators
• Submit recommendation for approval or denial of loan requests to respective approver for final decision
• Required to analyze and underwrite work-out plans for loans in default
• Responsible for staying apprised of changes to the SBA SOP to ensure compliance with the most current requirements
• Keep up to date on Lender policies, SBA policies, and laws and regulations that govern commercial lending
  
• Other job duties as assigned to assure team effectiveness

Knowledge, Skills and Abilities:

• Bachelor Degree in accounting, finance, economics ore related field experience (required)
• Financial analysis experience related to business and individual financial statements and tax returns (required)
• Lending experience minimum 3 5 years (preferred)
• Excellent analytical skills
• Communicates effectively with coworkers, other employees, vendors, and SBA personnel
• Excellent ability to coordinate across multiple teams/departments
• Strong organizational skills
• Detail oriented

Physical Demands:

The physical demands of the position are typical of those found in a traditional office environment. The Office Manager will spend long hours sitting and using office equipment and computers. While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand and reach with hands and arms. The position requires the ability to occasionally lift office products and supplies, up to 20 pounds.

Conclusion:

This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. This job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, genetic information, or any other characteristic protected by law.