Government Guaranteed Business Analyst

Pay Range: $29.26 - $39.04

Experienced with government guarantee programs? If you are a Credit analyst or Underwriter in Business Banking this is a great next step in your career! Become the SME (subject matter expert) for SBA and FSA with us.

Headquarter location in Norwich NY but other office locations can be available in our 7 State footprint

Acts in a primary support role in performing the due diligence required to secure and protect government guaranties from the Small Business Administration (SBA), Farm Service Agency (FSA) and United States Department of Agriculture Business and Industry and Community Facilities. Prepares, processes, documents, funds and services Government Guaranteed Loans in compliance with established SOPs. Completely analyzes credit requests, including in-depth financial analysis .

Education and Experience:

• Minimum 3 years banking experience, preferably business lending experience
• Bachelor's Degree or equivalent education and experience preferably in Business or Finance

Skills and Abilities:

• Ability to work in a fast paced, professional environment while maintaining a high degree of accuracy.
• Strong analytical and writing skills.
• Ability to absorb, react and retain to constant changes in policy and procedures
• Strong computer skills with proficiency in Word and Excel
• Knowledge of commercial banking credit policies, financial statement analysis and loan structuring
• Advanced working knowledge of balance sheet, income statement and projection analysis

Tasks Performed:

• 40% Responsible for regulatory and program compliance with preparing, processing, documenting, funding and servicing government guaranteed loans. Prepares loan packages and presentations for submission to government agencies to procure guaranties. Complete loan packages, coordinate loan closing and approve loan advances.
• 15% Conducts in-depth analysis of financial information to form recommendations for approval or denials of potential guaranteed credits including: written analysis of the borrower, guarantors and affiliated financial condition while accurately documenting repayment capacity, including industry comparisons and projection analysis when necessary. Analyzes the credit and collateral aspects of loan proposals to ensure eligibility pursuant program and bank guidelines
• 10% Assists in negotiating loan structure presentations for Bank approval and customer acceptance. Assists with documenting loans to ensure requirements are met and maintained. Ensures loan files are maintained through life of loan.
• 10% Collaborates with Relationship Managers, Branch Personnel and Senior Management to present an accurate and complete picture of financing packages that meet both the guaranteed program and bank credit standards
• 10% Works with other departments to ensure continued validity of outstanding guaranties
• 10% Performs Credit Analysis and Recommends Loan Decisions on Business Banking Loans. Assists with Sales of FSA Loans on the Secondary Market. Facilitates with NYS Linked Deposit Request.
• 5% Other Duties as assigned

Physical Requirements:

• Communicate effectively with internal and/or external customers
• Stationary 75% of time or greater
• Move Objects to Maximum 10 lbs

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.