Regions Bank SBA Credit Analyst in Hoover, Alabama
Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
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At Regions, the SBA Credit Analyst provides underwriting support for the Regions SBA Portfolio. This position serves as the primary evaluation point for SBA loan requests with responsibilities including reviewing applications against approval checklist by product type, completing initial eligibility analysis, financial statement spreading, detailed analysis of repayment capacity and financial metrics, and initial Credit Approval Package preparation. The SBA Credit Analyst may also provide the initial framework for various credit servicing activities, including establishing requirements for ongoing monitoring of financial statements, ratios or other performance metrics, collateral management, and overall performance of SBA loans.
Reviews each SBA application for completeness per the SBA approval checklists under the Pre-Underwriting Review process
Re-routes incomplete applications, providing detailed guidance to assist with resolving application issues
Applies knowledge of SBA Standard Operating Procedures (SOP) to evaluate new deals upon submission for accuracy, completeness, and eligibility
Analyzes deal memo to ensure key SBA criteria such as credit elsewhere, equity injection, nature of the business & request, etc. are appropriately addressed
Spreads borrower and business affiliate entity interim and year-end financial statements
Spreads and analyzes personal guarantor financial information
Forwards complete applications, along with financial statement spreads to underwriting
Demonstrates excellent working knowledge of all systems utilized by the department
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
This position is incentive eligible.
- Bachelor's degree in accounting, finance, or related field, or four (4) years of SBA experience, commercial loan underwriting, financial analysis or portfolio management experience may be substituted for a bachelor's degree
Skills and Competencies
Ability to prioritize and operate with a sense of urgency
Strong verbal and written communication skills
Organized, detail-oriented, and able to multi-task
Strong analytical and problem solving skills
Ability to identify and voice issues
Ability to work collaboratively with multiple stakeholders
Bring Your Whole Self to Work
We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.
OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans