Commercial Credit Analyst

NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business ("SMB") market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to SMB relationships across all 50 states to help them grow their sales, control their expenses, and reduce their risk.

Newtek's and its subsidiaries' business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, Electronic Payment Processing, Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable FinancingInventory Financing, Insurance Solutions, Web Services, and Payroll and Benefits Solutions.

Small Business Lending, LLC. is looking to add a Credit Analyst to its team.

The Credit Analyst is responsible for supporting Underwriters in managing credit risk by accurately spreading financial information, preparing initial and modified credit workbooks, and assisting with the development of credit memorandums. This role plays a critical part in the credit evaluation process by ensuring financial data is complete, accurate, and well-organized to support sound lending decisions.

Essential FunctionsResponsibilities

• Assist Underwriters in the analysis and management of credit risk by preparing high-quality financial spreads and credit documentation.
• Spread borrower tax returns and internal financial statements using designated spreading software and Microsoft Excel.
• Prepare and complete assigned sections of credit memorandums for Underwriter review, including but not limited to: Business and personal credit reports, Bank and merchant statements and all required financial spreads
• Prepare full credit memorandums for SBA microloan requests in