Credit Product Officer - Credit Products - Pittsburgh, PA

WesBanco Bank Inc.; Independence (OH); Remote; USD 60,000 - 80,000; Full time

Job summary

A regional bank is seeking a Credit Product Officer to support its commercial lending functions. The role involves remote work, underwriting, and analyzing commercial loan requests, performing financial assessments, and collaborating with a lending team. A Bachelor's degree and at least two years of relevant experience in credit analysis are required.

Qualifications

• 2+ years of experience in commercial credit underwriting and analysis.
• Understanding of commercial loan structures and regulations.
• Experience with commercial real estate and industrial loans.

Responsibilities

• Underwrite commercial loan requests and modifications.
• Perform cash flow and financial statement analysis.
• Determine the credit worthiness of applicants.

Skills

Financial statement analysis

Credit underwriting

Commercial loan structure understanding

Analytical skills

Communication skills

Education

Bachelor's Degree in business-related field

Job description

Credit Product Officer - Credit Products - Pittsburgh, PA

This position is 100% remote within the Bank's footprint. Employee will work full time remote outside of a WesBanco location (may occasionally attend in person meetings, although primary functions of the role are performed remotely).

SUMMARY:

Support the Bank's credit and commercial lending functions by actively underwriting commercial requests, modifications, and conducting line of credit and annual portfolio reviews while working with a team of lending and administrative staff to achieve the goals established for the department and the Bank.

RESPONSIBILITIES:

• Interprets financial statements, perform cash flow and personal financial statement analysis.
• Completes credit underwriting for annual relationship reviews, line of credit renewals and loan modifications with minimal assistance.
• Performs testing of commercial loan covenants.
• Develops initial underwriting and assess credit worthiness and financial strength of a commercial loan applicant with minimal assistance.
• Develops knowledge of lending standards, banking laws and regulations, and bank credit policies and procedures.
• Determines the need for additional information, and work with the Banker to obtain information necessary to formulate a credit decision.
• Presents facts concerning the credit worthiness of commercial loan applicants, loan structure, and other relevant matters to management.
• Assists with data gathering and review for various portfolio management projects where necessary.

REQUIREMENTS:

• Bachelor's Degree in a business-related field required (Accounting or Finance preferred).
• At least two years of increasing responsibilities performing commercial credit underwriting and analysis, or commensurate accounting or finance experience required.
• Understanding of commercial loan structures and underwriting required.
• Experience with commercial real estate and commercial and industrial loans required.
• Formal Credit Training with proven analytical analysis preferred.

CUSTOMER SERVICE SKILLS:

INTERPERSONAL SKILLS:

Professional demeanor in appearance, interpersonal relations, work ethic and attitude.

Possess clear, concise, effective written and oral communication skills to effectively express thoughts, ideas and concepts to bank employees and bank customers.

Capable of handling research and special projects, including coordinating with other departments.

Detail-oriented and self-motivated to complete required tasks in an efficient and timely manner.

OTHER REQUIREMENTS:

Banking is a highly regulated industry and you will be expected to acquire and maintain a proficiency in the bank's policies and procedures, and adhere to all laws, rules and regulations that are applicable to your conduct and the work you will be performing.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, or any other protected characteristic.