WSFS Financial - Philadelphia, PA
posted 3 days ago
The position involves underwriting middle ticket transactions ranging from $100,000 to $1,000,000 in accordance with NewLane's Credit Policies and Procedures. The role requires a comprehensive analysis of equipment finance requests by reviewing various business financial statements, including income statements, cash flow statements, balance sheets, tax returns, personal financial statements, and collateral appraisal reports when available. The candidate will perform financial spread and analysis to assess the applicant's overall financial condition and repayment capacity. Based on this assessment, the candidate will provide individual credit recommendations and prepare presentations for Senior Management or the Credit Committee when necessary. The role also includes reviewing third-party commercial reports and collaborating with Risk Analytics and Senior Credit Management to manage approval rates and monitor portfolio performance. Additionally, the candidate will assist in implementing changes to credit policies, mentor the credit underwriting team, and build relationships across functional departments.