Senior Analyst, Sponsor Finance

About Us

How This Role Impacts Live Oak and its People

The Senior Analyst, Sponsor Finance will enable the success of the team by managing a portfolio of borrowers across the credit life cycle. Works closely with Loan Officers to successfully win new business as well as to retain and manage existing client relationships. Acts as a liaison to Credit and works closely with Credit Officers to monitor and manage the risk of the portfolio. Will also work with other loan support functions to ensure borrowers are appropriately onboarded and serviced throughout the life of the loan.

What You’ll Do at Live Oak

• Prescreen deals: help evaluate, manage, and prescreen Sponsor Finance deal opportunities.

• Loan Documentation: review, manage, and negotiate the loan documentation process through closing

• Underwriting: Spread and analyze borrower financials; In partnership with Loan Officers and Portfolio Managers, create the appropriate credit overview materials and present them to Credit for initial approval. Assist the Loan Officer and Portfolio Manager as appropriate during term sheet negotiations.

• Portfolio Management: Assist with the credit post-closing; Manage the monthly Portfolio Review: process and complete the PR sheets for each client.; Manage the internal process for Amendments and Renewals and assist the Loan Officer and Portfolio Manager externally as appropriate; Participate in ongoing client calls as part of the ongoing portfolio management process.

• Participate in other strategic initiatives and credit-related projects as needed. This may include identifying new opportunities (credit or otherwise) within the existing portfolio and working to expand key Sponsor Finance relationships.

How You’ll Do It

• Primary responsibilities will include assisting the lending team on all aspects of the lending process

• Manage the credit transaction process from approval through post-closing

• Collect and review initial materials for deal screening

• Assist lending with prescreening deals, presentations to credit, and term sheet drafting

• Responsible for underwriting complex credits

• Present deals to the loan committee and Executive Loan Committee.

• Responsible for financial analysis and modeling of both new lending opportunities and existing clients in a variety of lending products

• Works closely with the lending and closing departments to coordinate pre-closing activities, loan documentation review and negotiation, as well as other responsibilities throughout the closing process

• Maintains current and in-depth knowledge of banking and lending products, policies, procedures, and regulatory requirements, as well as market and industry activities and trends

• Ensure proper monitoring of current loans and credit lines, financial performance updates, and portfolio review

• Performs other related duties as assigned or requested

Required and Preferred Experience

• Bachelor’s degree in Business or Finance and 4+ years of relevant experience preferred, underwriting background preferred

• Advanced knowledge of various types of loans, credit analysis, spreading and analyzing financial statements, risk analysis, credit scoring, loan documentation, etc.

• Strong working knowledge of banking products, services, policies, procedures, and regulations

• Strong client product and relationship management skills

• Excellent organizational skills with the ability to prioritize and manage workload

• Strong credit and underwriting knowledge

• Excellent internal and external customer service and relationship management skills

• Excellent written and verbal communication skills

• Ability to maintain effective working relationships with all levels of bank personnel

• Ability to prioritize responsibilities as part of a team managing multiple workstreams.

• Ability to critically analyze new lending opportunities for businesses operating in a variety of industries nationwide.

• Ability to manage a book of diverse clients in accordance with Live Oak Bank policies and procedures.

To Thrive at Live Oak

• Gravitate to Growth – Shows adaptability and support for changes to improve organizational effectiveness.
• Communicate and Collaborate – Communicates clearly and thoughtfully, demonstrating empathy in teamwork.
• Eye of the Tiger – Gets positive results by taking personal responsibility for actions and team outcomes.
• Know Your Business – Curates and maintains a depth of knowledge and skill to perform one’s job effectively.
• Customer at the Center – Provides customers with a personalized experience to achieve exceptional outcomes.

For a detailed overview of our employee benefits please visit: http://www.liveoakbank.com/careers/

Live Oak Bank is an Affirmative Action and Equal Opportunity Employer, Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, veteran status or disability. Equal access to programs, service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at [email protected]

EEO is the Law

Commitment to Diversity
Live Oak Bank is committed to creating and maintaining a workplace in which all employees have an opportunity to participate and contribute to the success of the business and are valued for their skills, experience, and unique perspectives. This commitment is embodied in company policy and the way we do business at Live Oak Bank and is an important principle of sound business management.

The base pay range for this position is $110,000.00 - $150,000.00 per year. Compensation may also include annual bonuses and long-term incentives, subject to various metrics and company policy. A candidate’s salary is determined by several factors including travel, relevant work experience or skills and expertise.

Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave, including but not limited to Arizona, California, Colorado, District of Columbia, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, and Washington.