Commercial Credit Officer

WSFS Bank; Devon (PA); On-site; USD 111,440 - 183,082; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401(k) plan

Life, accident, and disability insur.

FSAs and HSAs

Wellness programs

Paid parental leave

Military leave

Vacation and paid time off

Paid holidays

Job summary

WSFS Bank is seeking a Commercial and Industrial (C&I) focused Senior Credit Officer to uphold high underwriting standards and rigorous credit decisions. You will apply thorough financial analysis to complex C&I loans, ensuring decisions align with the Bank’s policy and risk appetite while supporting business partners and regulators.

This role also mentors colleagues, helps improve underwriting tools and processes, and contributes to the bank’s risk culture through proactive reviews and

Qualifications

• Bachelor’s degree in finance, accounting, or another business-related field is required.
• Minimum of 7 years of C&I focused credit analysis, lending, or loan review experience is required.
• Prior experience coaching, mentoring and training others is preferred.
• Ability to thoroughly interpret financial data and use sound business judgement with knowledge of commercial loan structuring.
• Must possess excellent written and verbal communication skills with the ability to present important and complex information clearly.

Responsibilities

• Independently make credit approval and denial decisions within delegated authority and communicate decisions with supporting rationale to Line of Business partners, Loan Review, and regulators.
• Serve as a thought leader in credit policy, credit culture, and strategic plan execution.
• Assist in structuring complex credit transactions, ensuring accurate risk ratings, identifying and mitigating policy exceptions, and providing guidance on the Bank's most complex credit relationships.
• Recommend enhancements to underwriting processes, tools, and credit policies.
• Work with Line of Business leadership to maintain a strong portfolio management framework through oversight of problem loan reviews and covenant compliance.
• Coach, mentor, and train Relationship Managers, Portfolio Managers, and Credit Analysts.

Skills

Credit analysis

Financial statement analysis

Communication skills

Loan structuring

Mentoring/training

Education

Bachelor's degree in finance, accounting, or business-related field

Job description

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. WSFS Bank is currently seeking a Commercial and Industrial (C&I) focused Senior Credit Officer. This role is responsible for ensuring that C&I loan underwriting is thorough, well-supported and of the highest quality. Utilizing the underwriting analysis as the foundation for credit decisions, the Senior Credit Officer exercises approval authority in accordance with established policy. This role is accountable for ensuring that all credit decisions align with both intent and requirements of the Bank’s loan policy and are consistent with the Bank’s overall credit risk appetite and tolerance.

Job Responsibilities:

• Independently make credit approval and denial decisions within delegated authority and effectively communicate decisions with supporting rationale to Line of Business partners, Loan Review, and regulators.
• Serve as a thought leader in credit policy, credit culture, and strategic plan execution.
• Assist in structuring complex credit transactions, ensuring accurate risk ratings, identifying and mitigating policy exceptions, and providing guidance on the Bank's most complex credit relationships.
• This role also recommends enhancements to underwriting processes, tools, and credit policies.
• Work closely with Line of Business leadership to maintain a strong portfolio management framework through effective oversight of problem loan reviews, covenant compliance, and annual review processes.
• Support the development of Relationship Managers, Portfolio Managers, and Credit Analysts through coaching, mentoring, and training.

Minimum Qualifications:

• Bachelor’s degree in finance, accounting, or another business-related field is required.
• Minimum of 7 years of C&I focused credit analysis, lending, or loan review experience is required.
• Prior experience coaching, mentoring and training others is preferred.
• Must be able to understand creative loan structures and innovative products.
• Must have the ability to thoroughly interpret financial data and use sound business judgment with knowledge of commercial loan structuring.
• Must possess excellent written and verbal communication skills with the ability to present important and complex information in a concise and understandable style.

Salary Range:

Salary Range: $111,440.00 - $183,082.25 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.

Benefits:

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.

• medical, dental, and vision coverage
• 401(k) plan
• life, accident, and disability insurance
• flexible spending accounts (FSAs) and health savings accounts (HSAs)
• 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.

• paid parental leave
• military leave
• vacation and other paid time off
• sick leave in accordance with applicable state laws
• paid holidays

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 [e-mail].

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.

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.

Third-party recruiters and agencies should not contact Associates of WSFS Financial Corporation, WSFS Bank, or its subsidiaries directly. WSFS does not accept unsolicited candidate submissions from third-party recruiters and agencies.