Manager Banking Operations Jobs in Delaware (NOW HIRING)

Job Description

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 Private Banking Portfolio Manager will work closely with Relationship Managers and Portfolio Administrators to monitor the ongoing performance of an assigned client portfolio. These duties will include completing annual reviews, renewing maturing loan facilities, monitoring covenant compliance, and underwriting new lending opportunities. Complexity of the customer relationships managed, any credit authority extended, and the designation of the Portfolio Manager is determined by the candidate's work experience and training. Private Banking credit includes loans to wealthy individuals, and their business interests, Medical Practices, Dental Practices, Law Firms, partner buy-in loans, and Marketable Securities based lending.

Job Responsibilities:

• Assist with the collection of financials statements and borrower information.
• Complete annual reviews, renew maturing loan facilities, monitor covenant compliance, and underwrite new lending opportunities.
• Attend in-person/virtual calls to help assess the needs of prospective and existing bank clients.
• Assist Relationship Managers with the structuring of proposed deals and term sheets that conform with the bank's Credit Policy.
• Work with Relationship Managers, Lead Portfolio Managers, and Credit Officer in obtaining loan approvals in a timely manner.
• Coordinate loan closings with the bank's Loan Operations group.
• Collection and organization of relevant legal documents from the borrower.
• Assist other Portfolio Managers with workflow as time allows.

Minimum Qualifications:

• Must have a bachelor's degree, preferably in a business-related field, or equivalent experience in retail and commercial banking divisions.
• 3-5 years of experience working in a loan servicing environment is required.
• Must have a minimum of 2 years of commercial loan underwriting experience.
• Must have strong knowledge of commercial and consumer loan and deposit products.
• Must have thorough understanding of commercial lending and accounting standard practices.
• Must be self-motivated and able to work with minimal supervision.
• Must have the ability to thoroughly interpret financial data and use sound business judgment.
• Must have excellent written and oral communication skills, as well as excellent listening ability and presentation skills.
• Must have the ability to learn from the experience of others, both inside and outside the organization.
• Must have strong skills using Microsoft Excel, Word and Outlook.

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.

Salary Range:

Individual base pay may vary on additional factors such as the candidate's experience, job-related skills, relevant education, geographic location, and other specific business and organizational needs.

In addition to base salary, WSFS Financial Corporation (WSFS) and its subsidiaries may offer eligible Associates discretionary and formula-based incentive and retention awards. WSFS provides a competitive benefits package, which includes medical, dental, and vision coverage; a 401(k) plan; life, accident, and disability insurance; flexible spending accounts (FSAs) and health savings accounts (HSAs); and wellness programs. Additional benefits may include paid parental leave, military leave, vacation and other paid time off, sick leave in accordance with applicable state laws, and paid holidays. Benefit offerings are subject to eligibility requirements, legal limitations, and may vary based on an Associate's location and employment status. For more information about Associate benefits, please visit https://www.wsfsbank.com/about/careers/

WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at careers@wsfsbank.com.

WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.