Credit Analyst 3

WEX is currently seeking an experienced, self-driven Credit Analyst with a commercial lending and underwriting background to join their Large Credits team in Sandy, UT; but can work remotely throughout the United States! As a Credit Analyst on this team, you will be responsible for supporting our growing lines of business.

Performance Objectives

Underwriting New Requests:

• Perform advanced financial / risk analysis and verifications on large (>$150K) Commercial applications for new credit, credit line increases, or extensions

• Identify credit, fraud, compliance, and other operational risks that may subject the bank to unexpected loss

• Utilize commercial and consumer 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

• Communicate with customers, relationship managers, and/or bank reference to gather required information

• Provide training and support to new employees and respond to internal credit-related inquiries

• Perform additional projects as assigned by the manager

Qualifications:

• Bachelors degree (accounting, business, or finance preferred)

• 3 years of Commercial Credit Risk Analysis and Underwriting experience

• Credit Business Associate (CBA) accreditation from NACM preferred or similar industry standard Commercial Credit Lending Certification (i.e. Moody's CICC) is preferred but not required

Knowledge, Skills & Abilities

• 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, and Financial Statements).

• 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

• Must pass a successful background investigation.

• Ability to use non-standard or market data as inputs into credit analysis and recommendations

Technical

• Excellent working knowledge of accounting and financial statement analysis

• Advanced computer skills using Microsoft and G-Suite office products, and Windows O/S

• Capable of using Excel or other like tools to create and perform additional analysis outside of standardized Credit Analysis tools

• Working knowledge of credit and accounts receivables computer programs. Preferred experience in PeopleSoft, TSYS, Credit Manager, Moody's CreditLens and RiskCalc.

Interpersonal & Communication

• Demonstrated ability to establish strong relationships with superiors, peers, customers, and vendors.

• Ability to maintain high customer service standards & handle escalated customer service issues.

• Strong negotiation, problem resolution, and analytical skills.

• Self-directed and motivated to act within decision-making authority. Seeks guidance from management as appropriate

• Strong presentation skills combined with strong verbal and written skills

• Accurately & consistently evaluates complex messages and responds appropriately to all issues and concerns