Live Oak Bank · 17 hours ago
Credit Officer
Greater Wilmington Area
Full-time
Onsite
Senior Level
$128K/yr - $180K/yr
5+ years expLive Oak Bank is a digital bank dedicated to serving small business owners across the country. The Credit Officer, SBB is responsible for approving credit requests, assisting in loan portfolio reviews, and ensuring compliance with bank policies and government guidelines while supporting the loan production process.
BankingCreditFinancial ServicesLending
Responsibilities
Support loan production under the direction of the Director of Credit, SBB, while ensuring compliance with all applicable risk policies, procedures and mitigants
Analyze loan transactions and portfolios across Live Oak Bank’s Small Business Banking lending groups
Contribute to the collaborative process that aims to produce sound credit decisions and add appropriately structured loans to support the Bank’s growth and loan generation goals
Approve credit requests within individual authority, adhering to Bank and regulatory guidelines (FDIC, SBA, and USDA)
Assist with a myriad of credit functions within the Credit Team (site visits, credit training, board reports, credit policy maintenance, portfolio analysis, participation in the Commercial Finance Credit Committee)
Perform additional tasks as assigned by senior credit leadership
Apply credit training, underwriting experience, and knowledge of lending policies to provide detailed loan transaction analysis
Work cross-functionally with departments involved in loan production to ensure smooth execution
Partner with risk and portfolio management teams to monitor and maintain accurate risk ratings across the loan portfolio
Maintain a high standard of regulatory awareness including BSA, AML, CIP, and OFAC
Qualification
Required
5+ years of financial analysis including underwriting of commercial loan credits
Travel required
Preferred
SBA 7(a) and SBA 504 experience
Commercial lending and sales experience
Benefits
Paid sick leave
Company
Live Oak Bank
Live Oak Bank is a financial service company that offers banking services and products for small and medium businesses.
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
$176.09M2025-07-28Post Ipo Equity· $100M
2017-11-21Series Unknown· $1.14M
2015-08-07IPO
Leadership Team
Neil Underwood
President and Chief Operating Officer
Evan Travis
SVP, Venture Banking
Recent News
2025-12-02
Company data provided by crunchbase