Credit Analyst-SBA

At Customers Bank, we believe in working hard, working smart, working together to deliver memorable customer experiences and having fun. Our vision, mission, and values guide us along our path to achieve excellence. Passion, attitude, creativity, integrity, alignment, and execution are cornerstones of our behaviors. They define who we are as an organization and as individuals. Everyone is encouraged to have personal development plans. By doing so, our team members are on their way to achieve their highest potential and be successful in their personal and professional lives. Location: West Reading, PA, Malvern, PA, Hamilton, NJ, or Remote (if not within a commutable distance to a bank location) Position Summary: The SBA Credit Analyst position supports the SBA area of the Bank through analysis of financial information provided by borrowers and the preparation of analytical materials and credit memoranda. Assists lenders in decision process for existing loans, renewals of existing loans and the maintenance or changes of ongoing credit relationships. Responsibilities: Performs financial statement spreading and analysis on all assigned credits. This includes new loans and annual reviews for existing loans. Prepares credit memoranda for existing loans, renewals, and changes on assigned credits. Performs research through available sources to complete credit analysis or to assist lenders in credit decision process. Assists lenders in maintenance of complete and updated credit files for all loans. This includes follow-up with clients to obtain current financial statements and tax returns as required in the credit terms. Performs specialized reviews of collateral or loan exposures to customers as requested by lenders. Provides other credit administration support to lenders as necessary to manage credit risk and maintain high quality in the loan portfolio. Includes assistance in follow-up with clients on loan delinquencies and account overdrafts; preparation of Adverse Action Notices and collection of information for turndown and withdrawn application files; and follow-up on missing loan documents, insurance, etc. Qualifications: 2-5 years’ credit analysis experience at a financial institution required. Experience in preparation of credit memoranda is strongly preferred. Solid knowledge of accounting through college accounting degree or equivalent experience is required. Strong written and verbal communication skills are required. Experience with Salesforce is a plus. Experience with SBA SOP is a plus Customers Bank will provide consideration for employment to qualified applicants without regard to their race, color, religion, national origin, sex/ gender, sexual orientation, gender identity, protected veteran status or disability. VEVRAA Federal Contractor, seeking priority referral of qualified protected veterans. If you don't see an opportunity that fits your experience, please apply here for general consideration. Founded in 2009, Customers Bank is a super-community bank with $20.3 billion in assets at June 30, 2022. We believe in dedicated personal service for the businesses, professionals, individuals and families we work with. We offer banking and loan services across Florida, Illinois, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island and Texas. Customers Bank is a member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation. Customers Bank is an equal opportunity lender. Customers Bank takes pride in delivering extremely high levels of customer service while charging comparatively very low fees; service that makes our clients say, “Wow.” Customers Bank, with its headquarters located in Malvern, Pennsylvania, is a subsidiary of Customers Bancorp, Inc., a bank holding company. The voting common shares of Customers Bancorp, Inc. are listed on the New York Stock Exchange under the symbol CUBI.

Salary : $20 - $0