Business Banking Underwriting Manager

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 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 :

Salary Range :

$108,722.00 - $178,616.75

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

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.