Position Summary

The SBA Credit Analyst’s primary focus is to assist in providing accurate, timely, and succinct credit underwriting to ensure compliance with SBA loan regulations.

Duties & Responsibilities

• Responsible for the evaluation and underwriting of SBA loan applications to determine creditworthiness and compliance.
• Reviews and analyzes all customer financial information, recognizing trends that may impact repayment to ensure sound credit decisions are made.
• Interview borrower(s) in regard to loan request.
• Documents the detail and requirements of loan decisions, including conditions to close.
• Works with the Closing team for a smooth hand-off of the borrower to the next level in the SBA Process (submission and closing). If needed, assist in screen-out responses, credit addendums, and memos to the file.
• Successfully communicate with SBA via eTran to obtain a correct SBA Loan Authorization for each transaction.
• Maintains knowledge of Busey lending policies, risk rating requirements and compliance standards and gain a working knowledge of the SBA’s SOP.
• Assist with Portfolio Management duties such as: monitoring monthly borrowing base reports

Education & Experience

Knowledge of:

• Experience with and working knowledge of the current SBA SOP
• Strong oral and written communication skills

Ability to:

• Multi-task and work independently
• Analyze and solve problems
• Take independent action within established guidelines and develop new procedures and approaches when needed
• Perform duties under frequent time pressures

Education and Training:

• Requires Bachelor’s degree with a concentration in Business or Finance.
• Requires 2-4 years of Commercial C&I experience and/or SBA experience.
• Requires knowledge of Microsoft Office.

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.