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Credit Analyst

AVANA Companies, LLC
South Jordan, UT
  • Expired: over a month ago. Applications are no longer accepted.
Job Description
Salary:

Position:                                Credit Analyst                       

Location:                              Arizona/Utah

Hours:                                  Full Time

Years of Experience:           At least 3 years

Education:                             Bachelor’s Degree

Travel:                                    Yes

Relocation:                          No

Apply directly at:        avanacompanies.bamboohr.com/jobs


Winning Aspiration

Preserve wealth and generate income for our investors by providing loans with speed and certainty of execution to help entrepreneurs thrive.

 

Job Summary

We believe our families are the most important people in our lives. We believe that our work should speak for itself and we believe that everyone should be given a chance to succeed  and grow. We also believe there is no substitute for hard work and that when we falter, we get up and do it again. We come to work with one singular goal and that is to create jobs and provide clean energy in America. We believe in talking less and executing as per our client’s timeline. Do you see yourself thriving in an entrepreneurial culture and spending time with disciplined business warriors? If so, then we invite you to read on.

 

We are an AI driven small business lending and investment platform company that has an immediate full-time opportunity for a customer service and sales oriented professional. We have an immediate full-time opportunity for an analytical and data driven Credit Analyst who will help our company in credit underwriting and deep borrower analysis by maintaining world class standards in reviewing credit files of our customers. Come join our mission and make your mark with our outstanding people. Our work is highly agile and offers a chance to focus on many different aspects of credit analysis. As a Credit Analyst, you will become a subject matter expert with significant experience to lead and support our credit services teams.

 

About AVANA Companies

AVANA Companies is an AI Investment and Lending platform focused on small businesses in America along with regulated CUSO, Asset Management Firm and a FDIC Bank. Together with our growing mix of accredited investors, family offices, and institutional investors, we provide financing for permanent real estate mortgage loans under the United States SBA program, construction loans, traditional secured loans, small balance unsecured loans and bridge loans. At AVANA Companies, we specialize in lending to specific niche industries that we’re highly knowledgeable in, such as hospitality, SBA, and renewable energy projects, because it enables us to provide the best possible service for our borrowers and minimize risk for our investors.

 

Our company has launched two platforms recently - a small business lending platform (LendThrive™) that will drive online originations for small balance lending on working capital, equipment, inventory and accounts receivable. Our second platform (EqualSeat™) is to provide access to retail investors to co-invest with institutional investors in SME loans.

 

Duties and Responsibilities

 Credit Analysis & Loan Worthiness (80%)

  • Conduct credit analysis activities and support business services based on AVANA’s loan origination, underwriting, processing, and support platforms
  • Gather information about prospective clients and assist the Loan Underwriters in in the preparation of analytical credit due diligence reports; assessing, analyzing, and interpreting financial information received from commercial loan applicants
  • Pre-Underwrite, process, and close conventional, CRE, SBA 504, SBA 7(a) and USDA loans
  • Review appraisals, environmental reports and other reports to assess the viability of collateral
  • Review leases, legal documents, organizational documents and UCC search information
  • Evaluate the level of risk for individual transactions and provide credit recommendations

 

Credit Quality Department Administration (20%)

  • Maintain a working knowledge of AVANA’s policies and procedures as well as federal regulations related to commercial lending
  • Support the Chief Credit Officer and Loan Underwriters to build a world class credit division
  • Prepare spreadsheets, reports, summaries, and opinions on new, renewal and existing loans
  • Conduct of regular credit monitoring of clients; and finalizing action plans for follow-up
  • Year-end reporting and maintaining credit files as per NCUA and SBA guidelines
  • Monitoring and administering construction loans, including monitoring the budget, review of third-party reports and funding draws timely
  • Open to travel with short notice to physically inspect collateral properties

 

Required Education and Qualification

  • Minimum 3 years commercial real estate experience
  • Education or experience equivalent to a Bachelor’s Degree in Finance, Accounting, Economics, Real Estate Management
  • Proficiency in MS Word, Excel and PowerPoint
  • Ability to work in a fast-paced and multi-national environment
  • Ability to multi-task, solve problems and think quickly
  • Strong attention to details, highly organized and ability to notice data discrepancies


Desired Characteristics

  • Strategic thinker
  • Effective time management
  • Positive and professional attitude
  • Self-motivated
  • Team oriented, demonstrates a willingness to assist other members of the company
  • Accuracy and strong attention to details

 

Commitments

As a member of the AVANA team, you will be expected to demonstrate effective customer service in alignment with both the culture and goals of AVANA Companies, along with demonstrating a high level of client relationship management that aligns with AVANA’s core values of Putting People First, Doing the Right Thing, Taking the Lead, Making an Impact and understanding Excellence is a Journey. EOE.

AVANA Companies, LLC

Address

South Jordan, UT
84095 USA

Industry

Finance and Insurance

View all jobs at AVANA Companies, LLC