Senior Analyst, Sponsor Finance

About Us

Live Oak Bank is a digital bank that serves small business owners across the country.  Our groundbreaking spin on service and technology has fueled our mission to be America’s Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money.  At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.

How This Role Impacts Live Oak and its People

The Senior Analyst, Sponsor Finance will enable the success of the team by managing a portfolio of borrowers across the credit life cycle. Works closely with Loan Officers to successfully win new business as well as to retain and manage existing client relationships. Acts as a liaison to Credit and works closely with Credit Officers to monitor and manage the risk of the portfolio. Will also work with other loan support functions to ensure borrowers are appropriately onboarded and serviced throughout the life of the loan.

What You’ll Do at Live Oak

• Prescreen deals; help evaluate, manage, and prescreen Sponsor Finance deal opportunities

• Loan Documentation; review, manage, and negotiate the loan documentation process through closing

• Underwriting; spread and analyze borrower financials

• In partnership with Loan Officers and Portfolio Managers, create the appropriate credit overview materials and present them to Credit for initial approval

• Assist the Loan Officer and Portfolio Manager as appropriate during term sheet negotiations

• Portfolio Management; manage the monthly Portfolio Review

• Process and complete the PR sheets for each client

• Manage the internal process for Amendments and Renewals and assist the Loan Officer and Portfolio Manager externally as appropriate

• Participate in ongoing client calls as part of the ongoing portfolio management process

• Assist with the credit post-closing

• Participate in other strategic initiatives and credit-related projects as needed; this may include identifying new opportunities (credit or otherwise) within the existing portfolio and working to expand key Sponsor Finance relationships

• Primary responsibilities will include assisting the lending team on all aspects of the lending process

• Manage the credit transaction process from approval through post-closing

• Collect and review initial materials for deal screening

• Assist lending with prescreening deals, presentations to credit, and term sheet drafting

• Responsible for underwriting complex credits

• Present deals to the loan committee and Executive Loan Committee

• Responsible for financial analysis and modeling of both new lending opportunities and existing clients in a variety of lending products

• Works closely with the lending and closing departments to coordinate pre-closing activities, loan documentation review and negotiation, as well as other responsibilities throughout the closing process

• Maintains current and in-depth knowledge of banking and lending products, policies, procedures, and regulatory requirements, as well as market and industry activities and trends

• Ensure proper monitoring of current loans and credit lines, financial performance updates, and portfolio review

• Performs other related duties as assigned or requested

• Maintain a high standard of regulatory awareness including BSA, AML, CIP, and OFAC

Required Experience

• Bachelor’s degree in Business or Finance and 4+ years of relevant experience

• Advanced knowledge of various types of loans, credit analysis, spreading and analyzing financial statements, risk analysis, credit scoring, loan documentation, etc

• Strong working knowledge of banking products, services, policies, procedures, and regulations

• Strong client product and relationship management skills

• Excellent organizational skills with the ability to prioritize and manage workload

• Strong credit and underwriting knowledge

Preferred Experience

• Underwriting background

• Excellent internal and external customer service and relationship management skills

• Excellent written and verbal communication skills

• Maintain effective working relationships with all levels of bank personnel

• Prioritize responsibilities as part of a team managing multi