What are the responsibilities and job description for the National SBA 7a Credit Analyst position at Northeast Bank?
Job Description
Job Description
This position can be located in Boston, MA or Portland, ME
Northeast Bank is a full-service community bank and a national commercial real estate lender with offices in Maine, Massachusetts, New York, and California. We are looking for motivated and talented individuals who want to make an impact in a growing company that cares about its employees, customers, and the communities it serves. Northeast Bank provides competitive compensation and benefits, generous PTO, and a hybrid work environment dependent on the role. If you are looking for a growing organization that prioritizes its employees, we encourage you to apply.
POSITION SUMMARY : 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 as required by the Bank.
KNOWLEDGE, SKILLS AND ABILITIES :
PHYSICAL DEMANDS AND CONDITIONS :
Northeast Bank is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, national original, veteran status and any other classification protected by Law. We celebrate diversity and are committed to creating an inclusive environment for all employees.