Live Oak Bank
Financial Analyst
Remote | $121K - $158K
Qualifications
- Excellent computer skills (i.e
- Excel, Word, etc.). Strong customer service and interpersonal skills High degree of flexibility Sound judgment, detail oriented High ethical standards Valid driver’s license is required Bachelor’s Degree in Business or Finance is the minimum requirement 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
Responsibilities
- The Financial Analyst obtains a unique perspective while working with Business Analysts and the Live Oak Bank credit and lending teams to support the banks management of risk, growth, and credit quality
- What You’ll Do at Live Oak Responsible for the analysis of financial statements and the financial condition for a defined segment of the Bank's existing loan portfolio
- Has responsibility for following regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC to assist in the identification, detection and determent of money laundering or other unlawful activities
- Functions as a team and realizes all members of the team are vital to its success
- Stays current with products and services the Bank is offering
- Works closely with Business Analyst to service customers and identify risks or opportunities
- How You’ll Do It Identify credit trends and risks within existing loan portfolio during financial analysis
- Complete quarterly credit reviews on assigned segment of existing loan portfolio
- Reporting and presenting on loan portfolios credit health to the Bank
- Help prepare for line of credit draws and renewals in conjunction with Underwriting Team
- Assist with loan modifications in partnership with Loan Modification Analysts
- Partner with Retention Analyst on customer retention packages
- Travel required to visit existing borrowers and industry conferences
- 501-1,000 employees
- Finance, Financial Services, Technology, Real Estate, Banking, Accounting, Commercial Banking, E-commerce, Small Business, Small Business Lending
- Public Company
- Last round: Private equity
- Last round: US$ 75.0M
- Wilmington, NC
- Company Specialties:
Veterinary Loans, Dental Loans, Pharmacy Loans, Death Care Loans, Investment Advisory Loans, Medical Loans, Family Entertainment Center Loans, Agriculture Loans, Wine and Craft Beverage Loans, Self-Storage Loans, Hotel Loans, and Independent Insurance Agent Loans
Company information
Live Oak Bank has had the privilege of helping thousands of passionate, driven people turn their dreams into reality. These everyday heroes aren’t in it for the fortune or the fame. They’re in it to make a difference, just like we are. As one of the last banks to get a charter before the start of the Great Recession, Live Oak emerged out of the rubble of 2008 as the first bank to keep the customer at the center of the business model. We put a groundbreaking spin on what banking could be, focused on service and technology to redefine banking. Live Oak is a digital, cloud-based bank serving small business owners in all 50 states. We are the #1 SBA 7(a) lender by dollar volume* in the country and our mission is to be America’s small business bank. We aim to fulfill that mission through banking products that help business owners buy, build and expand, along with FDIC-insured high-yield savings and CDs to grow their hard-earned money. Our family of companies under the holding and parent company Live Oak Bancshares (NYSE: LOB), and our subsidiaries, partner with businesses who share a groundbreaking focus on service and technology to redefine banking. Our mantra is to treat every customer like the only customer and our mission is to be America’s small business bank.
