NewtekOne is a financial holding company providing banking, lending, technology, and other business solutions to small and medium-sized businesses. The Credit Analyst supports Underwriters by analyzing credit risk, spreading financial information, preparing credit memorandums, validating borrower data, and maintaining accurate credit documentation.
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 accordance with internal policies and SBA guidelines
Review and analyze tax transcripts to validate borrower-reported financial information
Pull and compile due diligence reports, including RMA industry data, NHRA reports, and business and personal credit reports
Ensure accuracy, consistency, and completeness of all financial and credit-related documentation prior to submission
Maintain organized electronic credit files and supporting documentation
Communicate effectively with Underwriters and other internal stakeholders regarding credit file requirements, findings, and follow-up items
Perform other related duties and projects as assigned
Participate in mandatory Community Reinvestment Act (CRA) activities and initiatives, including community outreach, volunteer events, financial education programs, and related efforts, as assigned
Qualification
Required
Strong proficiency with Microsoft Office products, particularly Excel and Word; ability to work efficiently with financial data and templates
High level of computer literacy and ability to learn and utilize financial spreading and credit analysis software
Strong analytical skills with attention to detail and accuracy
Effective organizational and time-management skills, with the ability to manage multiple priorities and deadlines
Clear verbal and written communication skills, with the ability to present financial information in a concise and logical manner
Sound judgment and decision-making abilities when reviewing financial and credit information
Ability to establish and maintain effective working relationships with internal team members and external partners
Bachelor's degree in Finance, Accounting, Mathematics, Economics, or a related field required
