Senior Portfolio Analyst

The Senior Portfolio Analyst (SPA) plays a key role in supporting Live Oak Bank’s credit risk management by gathering and analyzing financial data, evaluating credit metrics and covenants, and supporting ongoing loan reviews. The position also contributes to Sponsor Finance diligence materials and portfolio performance feedback.

Key Responsibilities

• Collect and analyze financial data across the life of a client relationship to produce financial spreads and analyses, verify the accuracy of financial statements, and monitor financial performance, liquidity, and earnings trends.
• Calculate credit metrics, track covenant compliance, and ensure client adherence to conditions in loan documentation.
• Assess financial performance trends and associated credit metrics by sensitizing performance results, monitoring key performance indicators and risks, and incorporating qualitative factors to support borrower risk assessment and risk rating alignment with the bank’s risk rating policy.
• Maintain direct client relationships through regular communication, management meetings, and site visits, and support onboarding for new clients.
• Identify underperformance proactively, evaluate root causes, and determine whether underperformance has resulted in or could lead to a default or event of default under the loan documents.
• Coordinate with the deal team, credit team, and other internal parties to guide response plans for underperforming accounts and protect the bank’s interests.
• Underwrite and manage approval workflows for loan modifications, amendments, waivers, consents, renewals, and advance requests, including multi-advance facilities, coordinating with clients and relevant internal departments such as legal counsel, closing, credit, and operations.
• Assist with negotiations and the review of legal documentation with legal counsel to confirm documentation reflects approvals.
• Collaborate with Analysts on underwriting more complex modifications and amendments, or facility increases.
• Facilitate, process, and monitor multi-advance requests and revolving credit facilities.
• Prepare diligence and presentation materials for ongoing loan reviews and present credit risk information to internal stakeholders, including recommendations for action and proactive strategies.
• Maintain client file currency by creating new client files as needed, setting up reporting and covenant dashboards, and supporting reporting requirements.
• Manage operational complexities and inquiries for a portfolio of accounts at origination, payment collection, and during amendment, modification, or advance request cycles, in partnership with the operations function.
• Support cross-functional and strategic bank initiatives, including system and process implementations and improvements to portfolio monitoring tools, reporting dashboards, and risk mitigation strategies.
• Provide guidance to teammates by mentoring on financial and credit analysis and risk assessment.
• Support third-party engagements as needed, including valuations, appraisals, and field exams.
• Maintain regulatory awareness, including BSA, AML, CIP, and OFAC.
• Complete additional tasks as assigned to support the deal team and/or client.

Required Qualifications

• Bachelor’s degree in Finance, Business Administration, Accounting, Economics or equivalent field.
• 4+ years of experience in banking, commercial lending, portfolio management, credit analysis, underwriting, or related discipline.
• Strong working knowledge of foundational accounting principles and ability to interpret financial statements (balance sheets, income statements, cash flow statements) to evaluate a company’s financial health and obligations.
• Highly organized approach with exceptional attention to detail.
• Demonstrated ability to prepare and review credit submissions that identify key risks and mitigants, including conducting financial statement analysis and outlining cash flow.
• Strong credit and risk assessment skills, with working knowledge of lending and credit policies and procedures, loan documentation, and collateral structures.
• Excellent verbal and written communication, interpersonal, and negotiation skills, with a strong customer service orientation.
• Ability to provide timely, sound recommendations to management and internal stakeholders while meeting bank policies and procedures.
• Collaborative, coachable, dependable, and committed to a strong work ethic.

Technology

• MS Office Applications (Word, Excel)

Preferred Experience

• Commercial, middle market, enterprise value, sponsor-backed, or leveraged lending experience.
• Above-average PC skills, including MS Office Applications (Word, Excel), and ability to learn new software and systems quickly.
• Advanced financial modeling skills and techniques.

Compensation and Location

• Location: Wilmington, NC (onsite)
• Salary: USD 82,240 - 133,640 per year

Benefits

• Paid sick leave (at least the minimum requirement) for 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.
• Annual bonuses and long-term incentives, subject to various metrics and company policy.
• Compensation determined by factors including travel, relevant work experience, or skills and expertise.

Live Oak Bank Values

• Dedication: Commitment to Live Oak Bank’s mission and core values through strong work ethic, adaptability, and pride in work.
• Ownership: Initiative to deliver results through proactive and creative problem-solving while maintaining high quality.
• Respect: Courtesy, politeness, and kindness toward others.
• Innovation: Embrace new ideas and contribute solutions to emerging or existing problems.
• Teamwork: Collaboration, accountability, and trust, with the understanding that the group accomplishes more together.