What are the responsibilities and job description for the Commercial Credit Analyst position at Wilmington Savings Fund Society?
Job Description
At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We 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 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 close. This role will spread financial information from financial statements or tax returns, review and analyze commercial credit and guarantor tax returns, and complete preliminary underwriting analysis. In addition, the Credit Analyst will also prepare credit memos to be submitted to the appropriate lending authority for approval, approve loans within credit authority and support the presentation of commercial loans for approval.
Minimum Qualifications :
- 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 review experience including a strong background of reviewing personal and commercial financial statements.
- Experience using nCino is required.
- 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 have the ability to “find a way” to make a loan request while maintaining the credit quality dictated by bank policy.
- Excellent oral and written communication skills are required.
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.
