Loan Agency Specialist

WSFS Bank; Wilmington, Northern (DE, KY); Hybrid; USD 48,000 - 80,000; Full time

Benefits offered by this job

Medical, dental, and vision

401(k) plan

Job summary

WSFS Bank is seeking a Middle Office Specialist to join its Global Capital Markets team in Wilmington. You will administer ongoing wire payments and bond deals, ensuring accurate processing and timely execution while maintaining compliance and strong client relations.

The role emphasizes collaboration with a team of specialists, proficiency in bond software, and adherence to regulatory guidelines to protect client interests. A Bachelor’s degree and at least one year of experience are expected.

Qualifications

• Bachelor's degree in business or a related field.
• At least one year of experience, preferably with a wire team.
• Proficient with software and knowledgeable about financial instruments and regulatory requirements.
• Strong analytical and problem-solving abilities.
• Excellent written and verbal communication skills.
• Detail-oriented and able to collaborate with a team.

Responsibilities

• Efficiently manage a portfolio of bond accounts, ensuring accurate processing and timely execution of transactions.
• Build strong relationships with clients, providing exceptional service and support throughout the bond lifecycle.
• Adhere to strict regulatory guidelines and internal policies, safeguarding the bank's reputation and protecting client interests.
• Leverage your proficiency in bond software (Solvas Agent, DTCC) to streamline workflows and drive efficiency.
• Work closely with a team of specialists to ensure seamless administration and meet client needs.

Skills

Analytical thinking

Client service

Communication skills

Team collaboration

Education

Bachelor's degree in business or related field

Tools

Solvas Agent

DTCC

Job description

Job Description At WSFS Bank, we empower our Associates to grow their careers, we guide our customers to secure their financial futures, and we actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, opportunities to advance, and more. We are the premiere, locally headquartered bank and wealth management company in the region and 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\u00ae is more than part of our name, it’s our mission and our purpose. The Middle Office Specialist is a part of the Global Capital Markets (\"GCM\") team at WSFS Bank. The Middle Office Specialist will play a crucial role in administering the ongoing processing of wire payments and bond deals. The incumbent will be responsible for wire operations, client service, compliance, technical expertise and collaboration.

Job Responsibilities

• Efficiently manage a portfolio of bond accounts, ensuring accurate processing and timely execution of transactions.
• Build strong relationships with clients, providing exceptional service and support throughout the bond lifecycle.
• Adhere to strict regulatory guidelines and internal policies, safeguarding the bank's reputation and protecting client interests.
• Leverage your proficiency in bond software (Solvas Agent, DTCC) to streamline workflows and drive efficiency.
• Work closely with a team of specialists to ensure seamless administration and meet client needs.

Minimum Qualifications

• Bachelor's degree in business or a related field.
• Minimum of one year of experience, preferably with a wire team.
• Must be proficient with software and have a strong understanding of financial instruments, and regulatory requirements.
• Must have strong analytical and problem-solving abilities to identify and resolve complex issues related to wire transactions and bonds.
• Must have excellent written and verbal communication skills to effectively interact with clients, colleagues, and external stakeholders.
• Must have meticulous attention to detail and accuracy in processing transactions.
• Must have the ability to collaborate effectively with a team of specialists to achieve shared goals.

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: $48,416.00 - $79,541.75 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 [e-mail].

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.

At WSFS Bank we empower our Associates to forge the careers of their dreams, we guide our Customers to secure their financial futures, and we actively support our Communities so they can fully thrive. We know that when we work together and move forward with purpose a brighter path to the future lies ahead for our Associates, our Customers, and the Communities we serve.

WSFS Financial Corporation (WSFS) is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally-headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2023, WSFS Financial Corporation had $20.3 billion in assets on its balance sheet and $65.6 billion in assets under management and administration. WSFS operates from 119 offices, 92 of which are banking offices, located in Pennsylvania (61), Delaware (39), New Jersey (17), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management.

Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name.