Bank Underwriting Jobs in Delaware (NOW HIRING)

At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service is more than part of our name, it's our mission and our purpose.

The Business Banking Underwriting Manager is responsible for underwriting business purpose loans of $3 million or less under the guidance of Loan Policy, ensuring the Bank's standard of risk/credit quality and associated procedures are met. The incumbent will review, analyze, underwrite as needed, and render loan decisions for applications for Small Business, Business Banking, and periodic SBA loan originations. In addition, the incumbent will lead a Team of underwriters who will be responsible for review and credit decision similarly sized conventional Small Business and Business Banking credits, as well as assisting all relevant Business Banking Staff.

Job Responsibilities:

• Manage end-to-end underwriting processes for Business Banking Loan originations, ensuring adherence to Bank Policy.

• Review and/or underwrite (as needed) complex loan structures, eligibility, financial information etc. for credit worthiness/loan decisioning and Institutional alignment.

• Provide daily leadership and management for a Team of 4-10 Associates.

• Provide training, development, and opportunities to Business Banking Staff.

• Identify key efficiency enhancements and cross-training/collaboration opportunity(s).

• Partner with leadership on broad bank initiatives as well as committee presentations and periodic portfolio assessments/audit.

• Identify process enhancements, operationalize new procedures, products, portfolio analysis etc.

• Ensure credit pipeline and decisioning management to Department SLAs.

• Coach and Lead team of underwriters and demonstrates understanding of complex Conventional loan structures.

• Collaborate and work with Underwriters, Relationship Managers, and Closers for loans in origination, post-approval and to closing queue.

• Review loans for, Small Business, Business Banking, and potential SBA loans.

• Responsible for Bank Compliance for Small Business and Business Banking.

• Assist with Audits and Compliance requests.

• Assist Leadership is supporting business and strategic initiatives.

• Focus efforts with Leadership to develop strategy, recommendations etc. for improving efficiency, productivity, and quality of work within the Business Banking Team.

Minimum Requirements:

• Bachelor's degree, or equivalent credit training/certifications and/or work experience.

• 10+ years of credit review experience, preferably underwriting Conventional Business Banking loans.

• 3+ years of experience managing and leading a team.

• Strong background reviewing personal and business financial statements, with proven ability to render sound credit decision on own authority.

• Strong knowledge in business credit underwriting and analysis.

• Proficiency in Excel

• Knowledge of loan origination systems (nCino and/or related), reporting, dashboards etc.

• Excellent oral and written communications skills to interact with both internal and external customers.

• Strong PC spreadsheet skills and excellent analytical skills.

• Independent thinking in collaboration with other professionals to address proper loan structure(s) and effectively measure credit/risk and client profile evaluation/outcome.

• Thorough knowledge of credit and regulatory policy(s).

WSFS Bank will only consider candidates who are presently authorized to work for any employer in the United States and who will not require work visa sponsorship from WSFS Bank now or in the future in order to retain their authorization to work in the United States.