Financial Analyst

Highlight Technologies
Washington, DC
Jan 16, 2022
Jan 20, 2022
Full Time
Overview:Highlight is seeking a Financial Analyst to support the Small Business Administration (SBA) in their Office of Credit Risk Management (OCRM) in Washington, DC. You will serve as a Financial Analyst and technical advisor, independently performing a variety of evaluations and analyses regarding the eligibility and qualifications of applicant organizations and intermediaries. You will conduct lender supervision reviews, provide operational guidance and assistance to stakeholders (both internal and external), develop and recommend procedural and policy changes, provide program oversight, administer management control systems and processes, and carry out policy, program and portfolio analysis of SBA 7(a) loan program.Responsibilities:Conduct Lender oversight activities for all SBA Supervised Lenders (non-depository lending institutions which are authorized by SBA to make 7(a) loans) in an assigned portfolio, including the following:Perform ongoing monitoring of the assigned portfolio, through periodic review of data analytical reports and lender financial statements, to include and assessment of the adequacy of regulatory capital and the loan loss reserve. Identify and communicate issues to senior management in a timely manner.Produce comprehensive analytical products and decision memoranda in accordance with SBA policy and procedures.Deliver written reports and oral presentations to senior management.Assist in writing and editing reports, prepare and follow-up on corrective actions, review applications for program participation, and other oversight activities related to the assigned portfolio.Perform analyses of audited financial statements, financial projections, and sensitivity analyses for complex for-profit and not-for-profit lending institutions. Deliver written analysis to Team Lead.Utilize advanced skills in Excel (including preparing pivot tables), Word and Power Point to extract data from multiple sources to complete spreadsheets or reports.Formulate and recommend policies and procedures with respect to participation by participants in SBA's Microloan Program and/or PRIME Program.Identify operational weaknesses and deficiencies in the Agency's delivery of financial assistance through the micro loan program, formulate and recommend policies and procedures to improve those weaknesses, and implement enhancements to increase the program's efficiency and effectiveness.Develop responses to inquiries relating to statutory and regulatory interpretations, eligibility requirements, corrective actions, status of participants' applications, and resolution of problem areas. Inquiries are received from Congressional, Federal, State and Local government representatives or officials, as well as representatives of trade associations and officers of large to small financial entities and international audiences.Other administrative duties and responsibilities or to assist with other lending functions within the Office of Credit Risk Management.Develop work product, recommendations, and suggestions that are relied on as technically correct. Complicated work is reviewed for agreement with overall policies, attainment of objectives, and due dates.Use resourcefulness and experienced judgment in devising new techniques, developing methods, or significantly departing from established practices, as required by unique conditions and the broad range of situations, practices, and operations. Substantial deviation from precedents is encouraged in order to development more effective methods. Occasionally, you must request field or Headquarters managers to modify procedures so that the objectives of the program can be met.Develop standards, methods, and procedures with respect to new programs and legislation affecting established programs.Analyze and isolate variables in order to identify individual factors and to interrelate and correlate financial, accounting, and marketing variables and processes, as well as the underlying financial principals, in order to plan, develop, execute, and evaluate loan program requirements and to draw correct conclusions from the data evaluated. Frequently, you must extend or adapt existing methodology due to shifting variables and the lack of specific guidance or precedent.Provide expert technical experience and assistance in the conduct of special analyses and reviews of the Small Business Administration (SBA) portfolios and lender oversight programs including delegation of authority.Evaluate SBA portfolios on an ongoing basis to ensure risks to the SBA loan portfolio are reflected accurately and appropriately.Prepare analyses of SBA portfolios to identify current and emerging risks to SBA's loan portfolio, and preparing reports for senior management to help understand risk. You will be responsible for a approving delegation of authority, portfolio of lenders, monitoring, oversight, and supervision including scheduling lender renewals, reviews analyzing results, identifying required actions and following-up to ensure completion.Manage relationships with problem lenders. Recommend enforcement actions for problem lenders; presents recommendations for approval; recommends and or implements approved enforcement actions.Review reports and/or examinations reports for quality assurance and regulatory compliance and issuance and for oversight, monitoring and supervisory purposes.Work to ensure the monthly, quarterly, and annual deliverables are received by SBA in a timely fashion.Reviews lenders federal and state regulators' enforcement actions, formal/informal agreements, mergers and acquisitionsReview and revise the monthly and quarterly reports. Ensure lender's performance ratios. Lending activities and regulatory issues comply with rules prescribed under the standard operating procedures for each program.Qualifications:U.S. Citizenship.Public Trust eligibility.Bachelor's degree or higher from an accredited institution.5+ years of related experience.Experience in commercial lending, auditing, and report writing preferred.Knowledge of the financial services industry, lending, and banking operations.Knowledge of qualitative and quantitative techniques for measuring effectiveness, efficiency and productivity of assigned programs.Ability to analyze loan program weakness and lender compliance deficiencies and make recommendations.Ability to manipulate large databases/spreadsheets and analyze portfolio performance data and metrics.Ability to effectively communicate and to prepare analyses of complex financial and SBA loan program issues.Experience in preparing supervisory letters (supported by legal program requirements), analytical reports, business case analyses and presentations to management.Excellent writing skills.Ability to make oral and written presentations clearly, concisely, and effectively.Advanced experience with MS Word, Access, Excel and PowerPoint is required.Practical knowledge of accounting and computer systems.Comprehensive knowledge of concepts, principles, theories, and practices of financial structure, credit risk, business management operations, liquidation issues, and SBA lending policies and procedures sufficient to serve as an expert in financing and in development of SOPs, procedures, and other types of formal instruction to the field particularly related to non-profit organizations and very small businesses.Detailed knowledge of other SBA units/organizations which interact with the numerous program areas of the Office of Credit Risk Management. These include the Office of General Counsel, Office of the Chief Information Officer, Office of Financial Assistance, and the Office of Field Operations.Proficient in identifying which data are needed for program development, implementation, direction, management, monitoring and evaluation purposes. In addition to identifying data, experience in developing the data and the ability to systematically organize, collate and summarize these data into succinct, accurate and effective reports and charts for effective management oversight and program/lender/SBA office evaluation purposes.About Highlight:For over ten years, Highlight has provided Development and Modernization, Secure IT, and Mission Solution services to our federal government customers. Our team knows the technology; we understand how our customers and their stakeholders work; and we know how to implement industry best practices to deliver high-quality, end-to-end solutions that minimize risk and maximize results.Since our inception, Highlight has had an employee-first mindset. Our mission is to provide employees with rewarding and impactful career opportunities. In 2021, Highlight's founder and CEO, Rebecca Andino, implemented an Employee Stock Ownership Plan to embody and expand our culture of transparency, teamwork and rewarding the work of our employees. By becoming an ESOP, our employee-owners share in the success of the company through their ownership stake. To learn more about ESOPS, check out: .We're an Equal Opportunity Employer (EOE) that empowers our people to fearlessly drive change - regardless of their race, color, religion, sex, gender identity, sexual orientation, national origin, disability, veteran status, or other characteristics. Our team is dedicated to foster diversity within our teams to promote creativity, innovation, and teamwork to deliver the best solutions for our customers.-:#cwhp

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