GPAC - St. Petersburg, FL

posted 4 months ago

Full-time - Mid Level
St. Petersburg, FL
Administrative and Support Services

About the position

The SBA & USDA Portfolio Manager/Credit Analyst is a pivotal role responsible for managing and expanding the existing SBA and USDA loan portfolio. This position involves a comprehensive analysis of financial data related to both new and existing loans within the assigned regions. The role requires a blend of analytical skills and customer service, as the individual will be tasked with servicing the portfolio while also identifying opportunities for growth. The successful candidate will engage in various activities, including conducting annual reviews and credit analyses, preparing credit memos, and managing loan modifications. This position is essential for ensuring the financial health of the portfolio and supporting the organization's lending objectives. In this role, the Portfolio Manager/Credit Analyst will perform daily credit analysis on all assigned SBA and USDA loans, which constitutes a significant portion of the responsibilities. The individual will also prepare Loan Offering Memorandums (LOMs) and review late payment reports, working closely with borrowers to facilitate workouts and collections. Weekly tasks include updating the SBA Watch List and reviewing the Colson Report, ensuring that all loans are monitored effectively. The role also involves growing the current SBA portfolio by reviewing new loan requests and preparing necessary documentation for loan committee approvals. The position requires a proactive approach to managing relationships with borrowers and internal stakeholders, as well as a strong understanding of SBA lending guidelines and procedures. The Portfolio Manager/Credit Analyst will present credit memos in loan committees and ensure compliance with all regulatory requirements. This role is critical for maintaining the integrity of the loan portfolio and supporting the organization's mission to provide financial assistance to small businesses.

Responsibilities

  • Perform annual review/credit analysis on all SBA & USDA loans assigned.
  • Prepare credit memo and Loan Offering Memorandums (LOM) for SBA loans.
  • Review Late Pays/Deficiency Report and work with borrower on work-outs and collections.
  • Update the SBA Watch List for all assigned SBA & USDA loans.
  • Review Colson Report and provide updates to Colson Reporting Agent in SBA Department.
  • Grow current SBA Portfolio.
  • Review new SBA loan requests in assigned regions.
  • Prepare Loan Modification Requests for loan committee, SBA servicing, and secondary market.
  • Submit Loan Mod packages after loan committee approval to SBA for approval.
  • Request Release of Collateral from SBA and secondary market consultant.
  • Present credit memos in SBA/ELC Loan Committees.

Requirements

  • Equivalent to a four year college degree in accounting, marketing, business administration, finance, or related field.
  • 7 years related experience and/or training in finance or credit analysis.
  • 5 years of SBA underwriting/credit analysis experience.
  • Familiarity with the most recent version of the SBA SOP.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service