Commercial Credit Analyst - Credit Products

About the role

This position is 100% in office. The employee will work full time in an office in a designated WesBanco location. Consideration for location will be Fort Lauderdale LPO - Fort Lauderdale, FL.

Responsibilities

• Interprets financial statements and provides financial analysis support utilized in underwriting complex C&I or CRE loans in a broad range of industries.
• Ensures production is prioritized appropriately and completed in a timely manner.
• Tasks include: financial statement spreading; completing financial analysis documents; updating and creating new requests, modifications, renewals and annual reviews in the commercial loan origination system; tracking and completing covenant monitoring, completing industry research and developing a strong understanding of the Bank’s commercial loan policy.
• Participates in transaction structuring and relationship strategy meetings with management and credit partners to justify and explain information in the analysis when warranted.
• Reflects accurately all loan terms, collateral, covenants, loan grade inputs, policy exceptions, and calculating credit exposure for a given relationship in the commercial loan origination system.
• Analyzes and prepares complex credit approval documentation in the commercial loan origination systems.
• Partners with Portfolio Managers (PM’s) to monitor and manage assigned commercial loan portfolios such as tracking covenants, recording financial statements, and monitoring company performance against expectations.
• Participates in internal credit conversations with PM’s, lender’s, Credit Officers, senior management and in external meetings with clients and prospects.
• Participates in or leads special projects and assignments and performs other duties assigned.
• Demonstrates consistent high level of ownership of personal performance metrics and team initiatives, flexibility in responding to Lender/PM/senior management and client deadlines, extreme level of detail and follow-through, and independence within the framework of the role in assisting in achieving business goals.
• Identifies and reports material changes or trends in the financial statements of borrowers or guarantors observed in the preparation of credit approval presentations.

Requirements

• Fundamental understanding of general bank operations and the commercial lending process
• Strong Analytical Abilities, Credit Underwriting Skills
• Ability to work with others in a team environment and under occasional time constraints is a necessity.
• Ability to read, analyze and interpret financial reports and legal documents; performs simple to complex calculations; effectively researches, analyzes and evaluates information to make decisions, solve problems and achieve goals
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
• Ability to work with mathematical concepts such as probability and statistical inference.
• Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
• Ability to deal with problems involving several concrete variables in standardized situations.
• Proficient in Microsoft Office Products including, Word, Outlook and highly proficient skills with Excel

Qualifications

• Bachelor’s degree (B.A.), preferably in Accounting, Finance or Business or equivalent combination of education and experience are required.
• Minimum of 1 year of related experience in Financial Services, Banking, Credit Analysis, Loan Review or similar background required.
• Familiarity with corporate credit products and the processes used to analyze financial data preferred.