Sr. USDA Loan Analyst supporting Small Business Capital in originating USDA loans for Byline Bank. Guiding customers through loan processes while collaborating with various internal teams.
Responsibilities
Supports the development of new USDA/SBA business through pre-qualification and client engagement efforts
Identifies and conducts appropriate prospecting activities among business development leads
Identifies and qualifies leads from Business Development Officers for USDA program suitability
Contributes to loan profitability through appropriate pricing, fee income, and cross-selling of products and services
Prepares detailed credit memos including project data, loan terms, and financial analysis for committee review
Coordinates with underwriting, legal, and closing teams to satisfactorily meet customer expectations
Serves as the primary contact with USDA state and national offices during the underwriting and closing process
Ensures all USDA conditions are met prior to issuance of the Loan Note Guarantee
Stays current on USDA guaranteed loan guidelines and common practices and ensures internal compliance
Review third party reports as needed
Travel maybe required up to 25%
Requirements
Bachelor’s degree in Business Administration, Finance, Accounting, or related degree
5+ years of commercial banking loan and deposit business development or relationship management experience
3+ years of working on USDA B&I loans in some capacity
Knowledge of USDA OneRD requirements and processes
Strong knowledge of government guaranteed lending policies and procedures
Knowledge of commercial banking practices, including financial statement and credit analysis
Formal credit training preferred
Ability to work collaboratively with a variety of stakeholders at all levels
Ability to identify, understand and define problems, evaluate alternatives, set priorities, manage projects and implement high quality solutions
Proficient in MS Word, Excel, and PowerPoint; experience working with nCino banking system and/or Salesforce a plus.
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