SBA & USDA Portfolio Manager/Credit Analyst

GPAC - Clearwater, FL

Full-time - Mid Level

Clearwater, 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 individual in this role will engage in various tasks that are essential for maintaining the health of the loan portfolio and ensuring compliance with SBA regulations. Key responsibilities include performing annual reviews and credit analyses on all assigned SBA and USDA loans, which constitutes a significant portion of the daily workload. The analyst will also prepare credit memos and Loan Offering Memorandums (LOM) for SBA loans, ensuring that all documentation is thorough and accurate. Additionally, the role requires reviewing late payments and deficiency reports, collaborating with borrowers to facilitate workouts and collections, and updating the SBA Watch List for all assigned loans. The Portfolio Manager/Credit Analyst will also be tasked with growing the current SBA portfolio by reviewing new loan requests and preparing loan modification requests for the loan committee. This includes submitting loan modification packages for approval and requesting the release of collateral when necessary. Regular presentations of credit memos in SBA/ELC Loan Committees are also a critical aspect of this position, ensuring that all stakeholders are informed and engaged in the decision-making process.

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 fields such as accounting, marketing, business administration, finance, etc.
• 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.