Credit Analyst

$31,200 - $31,200/Yr

Wilmington Savings Fund Society FSB - Philadelphia, PA

Full-time - Entry Level

Philadelphia, PA

Credit Intermediation and Related Activities

About the position

The Credit Analyst at WSFS Bank is responsible for analyzing commercial loan customers and real estate projects to assess financial and business risks. This role involves reviewing financial statements and preparing credit memorandums to support Relationship Managers. The position offers extensive training and opportunities for career advancement within a supportive and inclusive culture.

Responsibilities

• Analyze industry and market risks related to commercial loan customers and real estate projects.
• Prepare credit memorandums and financial spreadsheets to support Relationship Managers.
• Conduct relationship and profitability analysis for business clients.
• Complete an extensive training program, including specialized external classroom training and on-the-job training with experienced bankers.
• Work with business clients with revenues of $2.5 to $100 million and real estate transactions from $1 to $15 million in credit exposure.
• Travel to customer locations and various WSFS locations as needed.

Requirements

• Bachelor's degree in Accounting, Finance, or Business or equivalent work experience.
• Knowledge of commercial loan underwriting and analysis, including the review and interpretation of client financial statements and tax returns.
• Ability to review and understand data in both personal and business bureaus.
• Strong analytical skills and proficiency in PC spreadsheet applications.
• Excellent oral and written communication skills.

Nice-to-haves

• Previous credit experience is preferred.
• Previous banking experience is preferred.

Benefits

• On-the-job training
• Opportunities for advancement