Job Description
Note: The job is a remote job and is open to candidates in USA. Live Oak Bank is a digital bank that serves small business owners across the country. The Senior Portfolio Analyst - Renewable Energy - Solar is responsible for managing credit risk and loan quality of assigned accounts, analyzing financial data, and facilitating interactions between clients and internal teams.
- Responsibilities
- Serve as a point of contact for a specified book of clients and as a liaison to internal teams such as loan officers, relationship managers, underwriting, credit, capital markets, closing, operations, and others
- Collect and analyze financial information from assigned accounts throughout the life of the relationship
- Responsible for reviewing and spreading financial statements
- Manage collateral monitoring including asset-based facilities with borrowing bases
- Ensure clients remain compliant with all conditions set forth in the loan documentation
- Use financial models to develop a forward-looking credit risk assessment based on key value drivers and sensitized assumptions
- Assist with distilling portfolio insights into actionable underwriting guidance and assist with hoc analysis to assist with originations
- Individually or as part of the relationship management team. conduct on-boarding of new clients; may lead meetings and discussions with key stakeholders including client executives, equity sponsors, partner lending institutions, developers, and internal team members
- Manage operational complexity and inquiries from both external and internal stakeholders
- Identify and underwrite loan modifications/amendments/renewals accurately and timely in accordance with bank procedures and policy
- Engage Portfolio Manager, relationship managers, loan officers, and credit team to guide underperforming client accounts
- Identify underperformance and proactively identify root causes that may result in defaults under the loan documents
- Work with internal partners to determine and carry out the appropriate response to underperformance to protect the bank’s interests
- Help prepare and participate in quarterly credit meetings
- Facilitate loan advance requests by working with the client as well as bank legal, credit, and operations departments
- Underwrite and close advance requests under Delayed Draw Term Loan facilities
- Responsible for monitoring and processing Revolver advances in a timely manner and pursuant to loan documents
- Prepare and review annual loan reviews that align with bank and government-guaranteed lending partners as required
- Identify and pursue expanded banking opportunities with clients such as gaining deposit shares or private wealth referrals
- As needed, underwrite new lending opportunities for existing clients
- Stays on top of trends impacting assigned industry verticals and participates in research projects as they arise
- Complete various projects as needed or as assigned by management
- Coach and mentor less experienced team members
- Build out processes and procedures and develop training materials as assigned
- Conduct periodic client visits to obtain enhanced knowledge of clients
- Monitor and ensure that client credit files remain up to date; this will include creating client credit files, setting up reporting and covenant dashboards, and assisting with various reporting requirements
- Prepare and deliver presentations in various department meetings on specific loans recommending appropriate action or structure of credits
- Facilitate third-party engagements including valuations, appraisals, and field exams
- Exhibit a sense of pride in helping clients and teammates achieve their respective goals
- Exercise sound judgment; When needed, ask for help or guidance
- Communicate effectively to set and meet realistic expectations
- Complete additional tasks as needed by the specific lending team the PA supports
- Maintain a high standard of regulatory awareness including BSA, AML, CIP, and OFAC
- Skills
- Bachelor's degree in a related field or equivalent work experience of 10 or more years in a bank
- Demonstrated experience in effectively writing/reviewing loan presentations that identify key risks and mitigants as well as conducting cash flow analysis and collateral evaluation
- Strong customer service orientation with attention to detail
- Strong credit and risk management skills with working knowledge of lending policies and procedures
- Working knowledge of loan agreements, loan structuring, and collateral procedures
- Ability to consistently make timely sound recommendations to management while ensuring bank policies and procedures are met
- Uphold core values and build team member and customer relationships
- Commercial lending department experience
- Excellent verbal, written, interpersonal, and negotiation skills
- Demonstrated experience utilizing credit software to capture credit applications; above-average PC skills including MS Office Applications (Word, Excel), and the ability
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