Senior Credit Analyst- Little Rock, AR

CURRENT EMPLOYEES: Please apply via the internal career site by logging into your ADP Account and apply under: Myself > Talent > Career Center.

Southern Bancorp is a different kind of bank. As a Community Development Financial Institution (CDFI), a special certification designated for institutions that serve predominantly underserved communities, Southern Bancorp combines traditional banking and lending services with financial development tools and public policy advocacy to help families and communities grow stronger. Inspired by the principle that building net worth drives economic opportunity, our mission is to be wealth builders for everyone in the communities we serve, with a focus on low-wealth and un(der)banked populations, as well as an emphasis on Black and Brown individuals.

Responsible for contributing to the loan decision-making process and providing in-depth credit and financial analysis on new and existing clients. Prepares or oversees the preparation of detailed financial analysis to be used in conjunction with credit memorandums analyzing all credit parameters used in loan approval process. Assists with evaluation of procedures and special projects.

This role is expected to demonstrate the following Supervisor leadership competencies: Empowering Leadership, Business and Financial Acumen, Information Decision Making and Problem Solving, Managing Talent, Strategic Execution and Direction, and Owning Results.

Responsibilities

• Completes a thorough in-depth review and analyze credit, personal and business financial statements, personal and business tax returns, business formation documents, industry studies, and other applicable information. Makes recommendations tied to analysis and assessment of credit risk
• Assists in producing accurate and timely loan presentations, clearly documenting financial results, repayment sources, collateral, strengths and weaknesses, and risk
• Works with loan officers to anticipate, identify, and collect documents needed for efficient and timely approvals on new and existing credit
• Reviews loan work-ups prepared by other analysts to drive output quality, department performance, and adequate enforceability of the Bank's position for new and existing loans reviewed; Ability to coach and provide feedback to others
• Serves as a senior resource and supervisor for the credit analyst team, offering guidance, mentoring, and support in complex credit analysis
• Provides oversight of credit analyst work products, ensuring accuracy, policy adherences, and risk-aligned recommendations
• Assists in training, developing and onboarding new credit analysts
• Leads selected departmental reporting processes, including various memos and reports presented to Chief Credit Officer and Loan Committees
• Assists with projects that will consist primarily of credit administration issues and may relate to possible changes in policies and procedures, group analysis, market studies, changes in compliance and regulations, monitoring of industry or borrower concentrations, risk assessments, and feasibility studies for efficiency and controls
• Maintains a current knowledge of and comply with all applicable laws and regulations, policies, and procedures
• May perform other responsibilities as assigned

Requirements

• Five years of experience in credit analysis with decision-making skills, and experience building and maintaining financial models required
• Ability to manage multiple projects
• Strong analytical and organizational skills
• Ability to research and interpret financial information, aptitude in analyzing financial details, strong problem-solving skills, excellent written and verbal communication skills
• Proficiency in Microsoft Word and Excel; MS Office programs, Financial Spreading Software

Education

• Bachelor's degree in Business, Finance, Accounting, or related field or equivalent combination of education and experience

Preferred Qualifications

• Experience with commercial lending
• Prior experience mentoring junior level-staff or supervisory experience

What we offer our employees:

A positive impact on Your Future:

• 401(k)/Roth plan with immediate eligibility and employer match up to 6%
• Employee stock ownership plan
• Discounted rate on primary home mortgage
• Credit and housing counseling as well as free financial education tools available to customers and employees

Benefits to improve your health:

• Two medical plans available - low-deductible PPO plan or HDHP with Health Savings Account
• Dental and vision insurance
• Employer paid life insurance, and short- and long-term disability coverage
• Retirement plan with generous company match and employee stock purchase option
• Voluntary life insurance options for employee, spouse, and children

The opportunity to nurture your well-being:

• Paid holidays and paid time off
• Bonus plan
• Opportunity for merit raises
• Employee reward and recognition programs
• Community service opportunities

Southern Bancorp is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, sexual orientation, gender identity, gender expression, status as a protected veteran, among other things, or status as a qualified individual with disability. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

As a Community Development Financial Institution, Southern Bancorp desires its workforce to reflect the diversity of the customers and communities that we serve. Racial and ethnic minorities, people from working class backgrounds, women and LGBTQ people are often underrepresented in many financial service industry professions.