Credit Analyst

Happen Bank (formerly LendingClub) is built around a simple purpose: to clear the way to help people turn intention into action, and action into financial progress. That means offering focused products, a frictionless mobile-first experience, and clear terms with no gotchas. Respect and fairness is part of our DNA, and that ideal shapes how we work, how we treat each other, and how we invest in our employees and our community. Join us in using data, bold thinking, and a commitment to innovation to help clear the way for millions of Americans to achieve more.

• Underwrite SBA 7(a), 504, USDA, and conventional commercial loan requests, ensuring compliance with Bank Credit Policy, SBA Standard Operating Procedures (SOP), and applicable program requirements
• Partner with Business Development Officers and clients to gather documentation, evaluate lending opportunities, and structure loan requests for efficient underwriting and approval
• Analyze financial statements, cash flow, collateral, and third-party reports to assess creditworthiness, SBA eligibility, and overall lending risk
• Collaborate with Senior Credit Officers to prepare credit approvals, post-approval memorandums, and re-approval requests while supporting complex underwriting decisions
• Partner with Loan Closing teams to ensure loans are funded efficiently and all credit approval conditions, third-party reports, and closing requirements are satisfied
• Build strong working relationships across Lending, Credit, Loan Closing, and external partners to deliver a consistent, high-quality client experience
• Identify opportunities to improve underwriting workflows and leverage AI where appropriate to accelerate analysis, streamline processes, and improve decision quality while maintaining sound judgment and regulatory compliance

• 3–5 years of experience underwriting SBA and USDA loans; bachelor's degree or higher, or equivalent combination of education and work experience
• Working knowledge of SBA Standard Operating Procedures (SOP) and SBA lending programs
• Experience analyzing business financial statements, cash flow, collateral, and credit structures to support sound lending decisions
• Experience reviewing third-party reports, including appraisals, environmental reports, and business valuations
• Strong written and verbal communication skills with the ability to build trusted relationships across internal teams, clients, and external partners
• Strong analytical thinking and sound judgment when balancing client needs, credit quality, and regulatory requirements
• Proficiency with Microsoft Word, Excel, cash flow analysis software, and other credit underwriting tools
• You proactively identify opportunities to improve how work gets done and take ownership of delivering accurate, timely credit decisions
• You actively look for ways AI can improve your work—from accelerating analysis to simplifying workflows and exploring problems from a different perspective. You're thoughtful about accuracy, confidentiality, and where human judgment remains essential

Work Location
Remote
Time Zone Requirements
Local hours (PT, MT, CT, ET)
While the position will primarily work local hours, Happen Bank is headquartered in Pacific Time and our ideal candidate will be flexible working across time zones when necessary.
Travel Requirements
As needed travel to Happen Bank offices and/or other locations, as needed.
Compensation
The target base salary range for this position is 101,000-120,000. The base salary of the role will be determined by job-related knowledge, experience, education, skills, and location. Base salary is just one part of Happen Bank's Total Rewards package. You may also be eligible for long-term awards (equity) and an annual bonus (which is based on company performance, employee performance and eligible earnings).
We’re creating new financial services solutions for our members based on fairness, simplicity, and heart, and we treat our employees the same way. We offer a competitive benefits package that includes medical, dental and vision plans for employees and their families, 401(k) match, health and wellness programs, flexible time off policies for salaried employees, up to 16 weeks paid parental leave and more.
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Happen Bank is an equal opportunity employer and dedicated to diversity, equity, and inclusion in the workplace. We do not discriminate on the basis of race, religion, color, national origin, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), gender, gender identity, gender expression, sexual orientation, age, marital status, veteran status, disability status, political views or activity, or other applicable legally protected characteristics. We believe that a variety of perspectives will make our teams and business stronger as we work together to transform the traditional banking system. 

We are committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you need assistance or an accommodation due to a disability, please contact us at [email protected]. 

Notice on AI Tool Use 

For select roles and locations, candidate interviews may be recorded, transcribed and summarized by tools such as artificial intelligence (AI) to assist our hiring managers with the application process.

You will have the opportunity to opt out of recording, transcription, and summarization prior to any scheduled interviews. We will not discriminate against you if you choose to opt out.

During the interview, we will collect the following categories of personal information from or about you: contact information, identifiers, professional and employment-related information, sensory information (audio/video recording), and any other categories of personal information you choose to share with us.  We will use this information to evaluate your application for employment.

We will only share your interview, transcription, or summary with persons whose expertise or technology is necessary to process your application, evaluate your fitness for a position, and administer or support the tool. We will not sell your personal information or disclose it to any third party for their marketing purposes.  For more information about how we will handle your personal information, please refer to our Privacy Disclosure.

We will delete any recording of your interview promptly but in no event later than 30 days after making a hiring decision.