SBA Credit Analyst III

at First Interstate BancSystem in Boise, Idaho, United States

Job Description

**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
This position can be located at Bend, OR; Boise, ID; .Coeur d'Alene, ID; Denver, CO; Sioux Falls, SD; Spokane, WA and Billings, MT.

What's Important to You
We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.
Generous Paid Time Off (PTO) in addition to paid federal holidays.
Student debt employer repayment program.
401(k) retirement plan with a 6% match.
The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve and why we want YOU to be a part of it.
We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.

SUMMARY
The SBA Credit Analyst III is primarily responsible for underwriting SBA 7a loans (over $500,000) and SBA Express lines of credit and will effectively interact with SBA Loan Specialists and Relationship Managers to provide information and assistance regarding outcomes on application decisions. This position will follow established guidelines and procedures and will have advanced knowledge of credit policy, bank products, and SBA Standard Operating Procedures (SOP), including program requirements for 7(a) loan products. This position may also assist with portfolio management and credit quality monitoring, the development and implementation of policies and procedures, and assisting in the training and mentoring of other Credit Analysts. This position must have advanced underwriting knowledge in order to complete more complex SBA loans that may be outside of Credit Analyst II's capabilities.

ESSENTIAL DUTIES AND RESPONSIBILITIES
Maintain extensive knowledge of current SBA policy as well as any updates provided through procedural notices.
Reads, reviews, and understands various financial statements, including but not limited to tax returns, balance sheets, profit and loss statements, agings, borrowing base certificates, debt schedules, equipment lists, credit bureau reports, rent rolls, lease agreements, and appraisals.
Prepares SBA Specific financial spreads for various types of commercial and real estate businesses and individuals acting as direct obligation borrowers or guarantors.
Analyzes credit worthiness of commercial applicants and guarantors as appropriate by reviewing the loan application, spreading historical and projection based financial statements, calculating cash flows, leverage, and liquidity ratios, evaluating collateral, conducting research on the borrower(s) and key industries, and identifying risks.
Analyzes findings and authors a comprehensive report of analysis using a mix of data analysis (charts, formulas, graphs, etc.) and written narrative.
Evaluates credit quality and suggests a proper risk rating based on analysis of most recent financial information.
Possesses proficiency relative to credit transactions and analytical skills sufficient to enable independent underwriting of commercial requests for streamlined to moderate complexity requests with limited guidance from the immediate manager.
Ensures compliance with applicable regulations and keeps up to date with changes in federal regulations and FIB credit policy requirements.
Completes financial performance metric covenant testing utilizing prepared financial spreads.
Participates in a quality control program that provides for the monthly review of general forms, spreads, and analysis with the provision of feedback and mentoring.
Participates in a quality control program that provides for the monthly review of general forms, spreads, and analysis with the provision of feedback and mentoring.
Participates in the production and development of training materials and assists with the delivery of training through various channels.
Partakes in a mentorship program with lower-level analysts to assist in guidance and the overall development of credit acumen.
Acts as a resource for Relationship Managers and other analysts for questions relating to loan policy, loan structuring, and underwriting recommendations.

QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential... For full info follow application link.

Our company is an equal opportunity employer. Employment here is based solely upon an individual's merit and qualifications directly related to the position. We do not discriminate on the basis of race, color, religion, national origin, ancestry, pregnancy status, sex, age, marital status, disability, medical condition, or any other characteristics protected by law. We make all reasonable accommodations to meet the obligations set forth under the Americans with Disabilities Act (ADA) and state disability laws.