Commercial Loan Analyst

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B Generous is a fast growing VC-backed FinTech company that is the nation’s leading credit provider to nonprofits. Nonprofits make up the backbone of the US social safety net, providing millions of people with food, water, shelter, clothing, education etc, and there are 1.8 million nonprofits in the United States, and yet 92% of nonprofits cannot access traditional credit from banks. B Generous is changing this narrative through the creation of the first ever Philanthropic Lending platform that provides structured term loans and lines of credit to nonprofits, secured against future revenue. After launching this product in October 2023, B Generous has received over $400 Million in requests for loans from over 5,000 nonprofits. Backed by the leading venture capital funds and FinTech investors in the US, B Generous is poised to become the world’s largest credit lending and liquidity management platform for nonprofits in the coming years.

The commercial loan analyst will play an important role within B Generous, assisting with the loan application process from initiation through approval or denial. This position involves managing and ensuring all applications are processed efficiently, accurately, and in compliance with regulatory standards. This role is crucial in guiding applicants through the process, addressing any concerns or questions they might have, and ensuring a smooth and positive customer experience. Financial literacy, obsessive attention to detail and excellent customer service skills are the main requirements. You will work with and report to senior management and collaborate with multiple departments.
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Responsibilities
• Application Review – Review commercial loan applications to ensure they are complete, accurate, and meet all necessary criteria before moving to the underwriting stage.
• Documentation Support – Help customers understand the types of documents required for their loan application and how to submit them properly.
• Customer Service – Serve as a point of contact for customer issues or requests related to the loan application process, ensuring high levels of customer satisfaction.
• Financial Analysis – Conduct basic financial analysis to assess a borrower’s financial stability, liquidity, profitability, and credit history. This involves analyzing balance sheets, income statements, and cash flow statements to assess financial stability and credit risk.
• Reporting – Prepare and review reports on loan application volumes, processing times, approval rates, and other key performance indicators (KPIs).
• Underwriting Support – Work with underwriting teams to ensure loan applications are assessed accurately and timely. Address any issues or questions that arise during the underwriting process.
• Loan Management – Monitor the financial condition of borrowers and the status of loan payments to identify and manage deteriorating credit situations and to mitigate potential losses.
• Market Awareness – Stay informed about market trends and developments in the credit industry and the competitive landscape that might affect loan products or the application process.
• Product Knowledge – Maintain a thorough understanding of all loan products offered by B Generous to accurately inform and advise customers.
• Feedback Collection – Collect and report customer feedback on the loan application process to help identify areas for improvement.
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Skills and Qualifications: • Educational Background – A bachelor’s degree in finance, accounting, economics, or a related field is preferred. • Work Experience – Two years in a finance/credit/underwriting role is preferred • Customer Service Experience – Prior experience in customer service, particularly in a banking or financial services environment, is highly beneficial. • Analytical Skills – Strong analytical and critical thinking skills to evaluate financial statements and credit data. • Attention to Detail – High level of accuracy and attention to detail when reviewing financial documents. • Organizational Skills – Strong organizational and time management skills to handle multiple applications and priorities effectively. • Communication Skills – Excellent written and verbal communication skills for preparing reports and interacting with clients and management. • Interpersonal Skills – Strong interpersonal skills to build rapport with customers and work effectively with team members. • Mathematical Proficiency – Good mathematical skills to calculate ratios and understand financial models. • Technical Skills – Proficiency in Microsoft Office, especially Excel for financial modeling and analysis. • Adaptability – We are a small team working remotely. You will need to be disciplined and able to work independently and adapt to the fast pace of startups. • Nonprofit – Experience with any aspects of nonprofit lending or finance is not required, but highly beneficial. • **

Compensation & Special Benefits

In addition to our competitive compensation model, we also offer additional benefits, including, but not limited to:
• Remote work
• Company philanthropic match credit up to $1,000 to your favorite nonprofit organization
• Unlimited PTO package (basic rules apply)
• Health/Dental/Vision Insurance
• Dog-friendly company
• Discretionary Bonus
• Fun team-building exercises and events and a positive atmosphere and culture
• Opportunities for advancement, growth, and leadership
• Respect and priority for diversity/equity/inclusion

B Generous. is an Equal Opportunity Employer: we value diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

B Generous is only able to hire U.S. citizens or those with the right to work in the United States at this time. We are unable to offer visa sponsorship or take on a visa transfer.

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