SBA Credit Analyst III

• Spread and analyze both business and personal financial statements and tax returns.
• Pull credit bureau reports and generate credit references as required.
• Generate projections as needed and perform sensitivity analysis.
• Document any findings/exceptions for Loan Officers and Loan Committee after the analysis of:
  • Borrower’s financial condition.
  • Repayment capacity and collateral coverage.
  • Overall credit risk including strengths and weaknesses and assign preliminary risk rating.
  • Loan structure and documentation for compliance with bank loan policy, underwriting guidelines, and National Banking Laws and Regulations.
• Assist with the following:
  • Ongoing completion of credit analysis/review function.
  • Past due/non-accrual and watch list, loan monitoring and collection, including borrowing base compliance.
• Check pledged assets as requested by Loan Officers.
• Maintain working knowledge of legal and regulatory compliance issues as they pertain to this position.
• In-depth understanding and interpretation of the SBA SOP. 
• Ability to complete any underwriting task with no direction needed.
• Underwriting tasks are completed with minimal / no errors.
• Limited supervision needed from credit management.
• Demonstrate ability to make sound credit decisions. 
• Complete all required training.
• Loss prevention and security as applicable for this position.
• Assume additional responsibilities as required.

• Occasionally lift and/or move up to 10 lbs. 

• Literacy in English.

• Ability to sit for extended periods of time, twist, bend, sit, walk use hands to twist, handle or feel objects, tools, or controls, such as computer mouse, computer keyboard, calculator, stapler, telephone, staple puller, etc., reach with hands and arms, balance, stoop, kneel, talk, or hear.
• Specific vision abilities required by the job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.

• Bachelor’s degree in Accounting, Business Administration, or Finance from a four-year college or university.
• Generally, five or more years’ related experience and/or training.
• Proficiency in computer programs including Word and Excel.
• Knowledge or expertise with financial spreadsheet software, especially Moody’s spreadsheet software.
• Strong problem-solving, mathematical, and analytical skills.
• Excellent written and verbal communication skills.
• Self-motivated to prioritize and produce excellent work in a timely manner to meet deadlines.
• Detail-oriented.
• Flexible.

THE COMPANY

Founded in 1912, Stearns Financial Services Inc. (SFSI) is a $3.2 billion, independently owned financial institution with locations in Minnesota, Florida and Arizona, and over 35,000 small business customers nationwide. Specializing in affordable housing financing, USDA and SBA lending, and small business and equipment financing, Stearns Bank is regularly recognized as one of the country’s top-performing banks and “Best Banks to Work For” by American Banker.

As a Star Tribune Top Workplaces award recipient and an award recipient of the Minnesota Business Magazine 100 Best Places to Work in Minnesota, Stearns takes pride in their team and holds their employees in extremely high regard. We offer a competitive salary and benefit package including our Employee Stock Ownership Program-one of the best long-term incentive programs in the nation. To learn more about Stearns Bank, visit www.StearnsBank.com

EQUAL OPPORTUNITY EMPLOYER /AFFIRMATIVE ACTION PLAN

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, or creed, religion, sex, marital status, familial status, sexual orientation, national origin, age, disability, veteran’s status, status with regard to public assistance, or any other class protected by Federal, State, local laws governing nondiscrimination in employment.