Live Oak Bank · 11 hours ago
Senior Credit Officer, SBB
Greater Wilmington Area
Full-time
Onsite
Senior Level
$170K/yr - $236K/yr
5+ years expLive Oak Bank is a digital bank that serves small business owners across the country. The Senior Credit Officer, SBB approves credit requests, assists in loan portfolio reviews, and ensures compliance with regulatory guidelines to prevent loan losses.
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)
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
3+ years of experience decisioning commercial loan credit approvals
In-depth knowledge of bank policies, procedures, and criteria
In-depth knowledge of SBA, USDA, and other Government program guidelines
Preferred
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