Credit Analyst 3

About the Team/Role

The incumbent Credit Analyst is expected provide quality credit and financial analysis and recommendations to support the success WEX Bank’s Commercial Credit Risk function and the bank in general. The Analyst will possess an advanced knowledge of all facets of Commercial Credit Risk analysis and under-writing of medium, and large size commercial credit applications in accordance to industry best practices, established bank policies, procedures, laws and regulations. The Analyst will be expected to effectively communicate verbally and in writing with bank leadership, sales representatives, and customers regarding credit decisions and recommendations. The Credit Analyst must be comfortable making complex decisions with limited information and presenting difficult information to customers.

How you'll make an impact

Underwriting:

• Perform advanced financial / risk analysis for commercial credit lending on our existing customer portfolio with credit limits >$150K
• Utilize commercial credit reports and other third party data to make credit decisions relative to credit applications in accordance with approved credit policy and established procedures
• Approve/decline credit requests within personal credit authority

Credit Reviews:

• Perform financial / credit risk analysis of public and large private companies based upon risk alerts or credit review schedules
• Utilize intermediate to advanced credit risk analysis methodologies to make complex credit decisions related to account credit line increases, decrease, or loss mitigation strategies

• Determines the credit worthiness of all accounts not scored by models, and makes those decisions based on broad-based knowledge of practices and industry standards

• Prepare and present complete and accurate credit packages for management and the Bank Loan Committee recommending and supporting credit decisions
• Recommend improvements to strategy, policy and procedures

Customer Service & Other

• Resolve complex credit problems with internal/external customers
• Assist and respond to customers with requests, questions and complaints regarding their accounts via both email and client meetings.
• Communicate with customers, relationship managers, and/or bank reference to gather required information
• Perform additional projects and tasks as assigned by the credit manager.

Experience you'll bring

• High School Diploma; Bachelor of Science degree in accounting, business, or finance or higher preferred.
• 5-8 years of experience and working knowledge of Commercial Credit Risk Analysis and underwriting.
• Credit Business Associate (CBA) or Credit Business Fellow (CBF) accreditation from NACM preferred or similar industry standard Commercial Credit Lending Certification (i.e. Moody’s CICC) preferred.
• Advanced level of expertise in understanding/interpreting various financial statement types.
• Knowledge of foreign currency conversions and ability to work in foreign currencies when evaluating credit.
• Sound understanding and demonstrated use of credit and banking laws and regulations.
• Strong working knowledge of Collateralization / Securitization.
• Intermediate to Advanced skill working with credit scoring.
• Sound understanding of interpreting commercial credit reports & data and using that information to make complex credit decisions.
• Working knowledge and general experience with various credit tools (i.e. D&B, Equifax)
• Demonstrated accuracy & completeness in preparing & processing complex reviews that clearly recommend the action to be taken while highlighting the basis for the recommendation or decision.
• Advanced ability to assess risk on mid-sized to large public or private companies.
• Ability to maintain high customer service standards & handle escalated customer service issues.
• Ability to use non-standard or market data as inputs into credit analysis and recommendations.
• Capable of using Excel or other like tools to create and perform additional analysis outside of standardized Credit Analysis tools.
• Demonstrated ability to work and conduct research independently, as well as adjust and solution as needed when complexities arise.
• Demonstrated ability to receive feedback and coaching, as well as maintain and consistently contribute to a positive and respectful team environment.
• AI -- Gemini, ChatGPT or Similar

The base pay range represents the anticipated low and high end of the pay range for this position. Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role. Base pay is one component of WEX's total compensation package. Most sales positions are eligible for commission under the terms of an applicable plan. Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan. WEX's comprehensive and market competitive benefits are designed to support your personal and professional well-being. Benefits include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more. For more information, check out the "About Us" section.Pay Range: $64,000.00 - $78,900.00

Originally posted on Himalayas