Commercial Credit Analyst
Wsfs Financial

Job Info

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Job Description

At WSFS Bank, we empower our Associates to grow their careers, we guide our customers to secure their financial futures, and we actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, opportunities to advance, and more. We are the premiere, locally headquartered bank and wealth management company in the region and are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service® is more than part of our name, it's our mission and our purpose.

The Commercial Credit Analyst is responsible for performing the underwriting steps associated with commercial credits. The incumbent will prepare credit memorandums and other tasks associated with supporting Commercial Relationship Managers as well as assist in preparing commercial loan packages for approval and documentation.

Job Responsibilities:

• Utilize spreading software to spread financial information from financial statements or tax returns, review and analyze business financial statements and individual tax returns to prepare credit requests.
• Prepare credit memos and financial ratio reports to be submitted to the appropriate lending authority, including Senior Loan Committee, for approval
• Approve loans within credit authority, identify and mitigate risks, and support the presentation of credit package.
• Provide support to Commercial Lending Teams and the Relationship Manager as needed.
• Work closely with the Loan Documentation team to ensure all due diligence is acceptable prior to loan closings.
• Assist with teaching newer associates system applications and proper underwriting procedures
• Travel to Customers and various WSFS locations, as needed.

Minimum Requirements:

• Bachelor's Degree in finance or accounting or equivalent work experience is required.
• A background in finance and accounting which provides a basis for commercial loan underwriting and analysis, including the review and interpretation of client financial statements and tax returns, review and understanding of data in both personal and business bureaus is required.
• Must have a minimum of 2-4 years of commercial credit underwriting experience including a strong background of reviewing personal and business financial statements.
• Must have some general business and banking background.
• Must have strong analytical skills.
• Must have strong Microsoft Office skills including Excel.
• Must be an independent thinker in collaboration with other professionals and be able to structure a loan request while maintaining the credit quality dictated by bank policy to "Find a Way" to grant a loan.
• Excellent oral and written communication skills are required.
• Must have a good understanding of applying Loan Policy to the underwriting document.

WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at careers@wsfsbank.com.

WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

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