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The SBA Portfolio Analyst will coordinate with SBA Servicing Specialist on all servicing action requests and may be involved in any necessary communication with the borrower. The SBA Portfolio Analyst is responsible for monitoring and managing an existing portfolio of government guaranteed commercial relationships. Sources financial information relating to Small Business Administration (SBA) loans to analyze and make recommendations on service action request received from a borrower. The SBA Portfolio Analyst assesses and prepares loan servicing requests and may act as an analytics and credit monitoring resource for other associates.
This is a remote position, providing support across the First Citizens Bank footprint.
Responsibilities
The base pay for this position is relative to your experience but the range is generally $88,286 to $153,029 per year. First Citizens offers a competitive, comprehensive benefits program which you can review here: https://jobs.firstcitizens.com/benefits.
Qualifications
Bachelor's Degree and 6 years of experience in Commercial Credit Analysis and Small Business Administration Loan servicing OR High School Diploma or GED and 10 years of experience in Commercial Credit Analysis and Small Business Administration Loan servicing
Skill(s): Knowledge of banking, loan, and credit terminology, Knowledge of SBA standard operating procedures, Knowledge of credit policies and procedures, Knowledge of loan documentation and loan perfection requirements
Preferred Qualifications:
SBA 7a and/or SBA 504 experience
Credit analysis/underwriting
Knowledge of the SOP 50 10 7
Knowledge of Servicing SOP 50 57 3
Loan closing experience
The SBA Portfolio Analyst will coordinate with SBA Servicing Specialist on all servicing action requests and may be involved in any necessary communication with the borrower. The SBA Portfolio Analyst is responsible for monitoring and managing an existing portfolio of government guaranteed commercial relationships. Sources financial information relating to Small Business Administration (SBA) loans to analyze and make recommendations on service action request received from a borrower. The SBA Portfolio Analyst assesses and prepares loan servicing requests and may act as an analytics and credit monitoring resource for other associates.
This is a remote position, providing support across the First Citizens Bank footprint.
Responsibilities
- Analysis - Sources, compiles, and evaluates financial information to perform borrower level and global cash flow analysis. Review loan file and loan documentation to perform collateral analysis on borrower loan. Review loan modification documents are prepared in accordance with Service Action Memo approvals.
- Loan Servicing - Prepares and assesses loan servicing requests and Service Action credit memos. Assess SBA Servicing & Liquidation Matrix for appropriate level of approval based on service action request type. Ensure that all bank policy and regulation exceptions are appropriately documented.
- Business Support - Assist SBA Servicing Specialist in collecting financial statements for analysis and loan approval purposes. Develops strong relationships with associates to facilitate an efficient and effective credit monitoring process. May act as an analytics resource for less experienced associates in the work group or assist management with special projects as needed. Provide support to SBA Servicing Specialist in ensuring service action request are closed in accordance with approved closing conditions outlined in the Service Action Memos.
- Credit Monitoring - Identifies credit trends and portfolio deficiencies through continuous relationship monitoring. Recommends risk mitigation tactics or other methods to address credit findings. Notifies the appropriate parties of changes in loan performance and facilitates transfer of SBA loan to Credit Resolution Group.
The base pay for this position is relative to your experience but the range is generally $88,286 to $153,029 per year. First Citizens offers a competitive, comprehensive benefits program which you can review here: https://jobs.firstcitizens.com/benefits.
Qualifications
Bachelor's Degree and 6 years of experience in Commercial Credit Analysis and Small Business Administration Loan servicing OR High School Diploma or GED and 10 years of experience in Commercial Credit Analysis and Small Business Administration Loan servicing
Skill(s): Knowledge of banking, loan, and credit terminology, Knowledge of SBA standard operating procedures, Knowledge of credit policies and procedures, Knowledge of loan documentation and loan perfection requirements
Preferred Qualifications:
SBA 7a and/or SBA 504 experience
Credit analysis/underwriting
Knowledge of the SOP 50 10 7
Knowledge of Servicing SOP 50 57 3
Loan closing experience
