Are you or someone you know impatiently awaiting the release of Solo, A Star Wars Story? We’re still a full three weeks away from the May 25 opening. If those three weeks seem like a light-year to you, compare that with how long it takes to fill an open credit analyst or portfolio manager position. More and more, I’m hearing how difficult it is to recruit qualified candidates for these essential roles in the world of commercial lending. It’s especially noticeable in smaller communities, but even larger markets are experiencing increased competition. If you are fortunate enough to find an experienced analyst, the average turnover for the role is a disappointing two to three years. Before you resort to searching the next galaxy, have you considered outsourcing your credit analyst function, either temporarily or on a more permanent basis?
Wipfli’s credit analyst outsourcing services can assist your team in creating an efficient process to meet the needs of your customers and prospects right now! We’ll use your format or our own, and we can provide the financial statement data entry function to include the Uniform Credit Analysis cash flow statement, balance sheet and RMA industry information you are looking for. Our analysis will provide the information you need to make sound lending decisions in a timely and cost-effective manner. Consider letting us assist you with new prospect credit opportunities, annual reviews, management of a backlog of work or staffing turnover. Whatever your need, Wipfli has the trained and qualified professionals to immediately step in. We may not be Jedi knights, but our experience is certain to allow us to seamlessly fill a void.
There is no need to fly solo! Contact your Wipfli relationship executive today, and (I can’t resist!) May the 4th be with you!