Commercial Credit Analyst

WSFS Bank•Wilmington, DE

3d•Hybrid

About The Position

WSFS Bank is seeking a Commercial Credit Analyst I to perform underwriting steps for commercial credits. This role involves preparing credit memorandums, supporting Commercial Relationship Managers, and assisting with commercial loan packages for approval and documentation. The analyst will use spreading software to analyze financial information from statements and tax returns, review commercial credit and guarantor tax returns, and prepare credit requests. Responsibilities also include preparing credit memos for lending authorities, approving loans within their credit authority, and supporting presentations to the Senior Loan Committee. The Commercial Credit Analyst will provide necessary support to Commercial Lending Teams and Relationship Managers.

Requirements

Bachelor's Degree in finance or accounting or equivalent work experience.
Background in finance and accounting providing a basis for commercial loan underwriting and analysis.
Ability to review and interpret client financial statements and tax returns.
Ability to review and understand data in both personal and business bureaus.
Minimum of 2-4 years of commercial credit experience.
Strong background of reviewing personal and commercial financial statements.
Some general business and banking background.
Strong analytical skills.
Strong Microsoft Office skills including Excel.
Ability to be an independent thinker in collaboration with other professionals.
Ability to structure a loan request while maintaining credit quality dictated by bank policy to “Find a Way” to grant a loan.
Excellent oral and written communication skills.
Must be presently authorized to work for any employer in the United States and will not require work visa sponsorship.

Responsibilities

Perform underwriting steps associated with commercial credits.
Prepare credit memorandums and other tasks to support Commercial Relationship Managers.
Assist in preparing commercial loan packages for approval and documentation.
Utilize spreading software to spread financial information from financial statements or tax returns.
Review and analyze commercial credit and guarantor tax returns.
Prepare credit requests.
Prepare credit memos to be submitted to the appropriate lending authority for approval.
Approve loans within credit authority.
Support the presentation of commercial loans to Senior Loan Committee for approval.
Provide support to Commercial Lending Teams and the Relationship Manager as needed.