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’s Capital Markets team works with Clients by delivering market risk management products and creative structuring strategies to commercial developers, middle market corporations, small businesses, and high-net worth individuals. Our Interest Rate Hedging team engages with commercial borrowers to offer competitive and customized lending solutions using swaps and other derivative hedging instruments. Our International Services team helps individuals and companies minimize cross-border currency and counterparty risk with more efficient and effective payment practices using a variety of Foreign Exchange and Trade Finance product capabilities.
The Capital Markets Interest Rate Analyst is responsible for developing, structuring, and executing interest rate risk management solutions for prospects and clients. The primary offered products include interest rate swaps, caps, collars, and other interest rate derivative instruments. The role will partner with Commercial Relationship Managers along with the operations, credit, risk and legal departments to leverage opportunities and increase the utilization of Capital Markets products and services. This position will be a key support person to the Capital Markets IR Marketers and Capital Markets leadership.
Job Responsibilities:
- Assist in pricing and execution of interest rate derivative transactions.
- Manage ISDA and loan documentation process for client deals.
- Credit exposure modeling and reporting.
- Provide support to the Commercial Relationship Managers and Bank Clients in structuring, preparing, and administering interest rate derivative products.
- Coordinate transaction documentation with Clients and dealer banks from pre-trade discussions through trade execution and administration.
- Confirm economic details of all transactions pre- and post-trade.
- Support the Capital Markets IR Marketers and team management in the development and expansion of new and existing business.
- Prepare marketing materials, Client presentations, call reports and other business development activities.
Minimum Qualifications:
- Bachelor’s degree in finance, accounting, economics, math or related field.
- 1-3 years of experience in the Interest Rate Hedging or related field.
- An understanding of Capital Markets products, which are sold by a regional financial institution.
- The ability to comprehend credit concepts and exposure analysis.
- Basic knowledge of pricing analytics and market dynamics for interest rate derivative products.
- Outstanding verbal and written communication skills.
- Ability to work effectively in a fast-paced, team-oriented environment.
- Strong analytical skills and attention to detail.
- Demonstrated leadership and resourcefulness in all interactions with employees, colleagues and internal and external Clients.
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 [email protected].
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.
WSFS Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about WSFS Bank and has not been reviewed or approved by WSFS Bank.
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Retirement Support — A company 401(k) match is highlighted as part of the package. Feedback suggests this strengthens long-term savings support for many roles.
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Leave & Time Off Breadth — Paid time off and holidays are core components of the offering. Feedback suggests company-paid volunteer time adds additional flexibility for community engagement.
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Parental & Family Support — Paid parental leave is explicitly included. Feedback suggests candidates should confirm role-specific eligibility and duration.
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What We Do
WSFS Financial Corporation 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 June 30, 2024, WSFS Financial Corporation had $20.7 billion in assets on its balance sheet and $84.9 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (39), New Jersey (14), Florida (2), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury 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. Member FDIC | Equal Housing Lender | NMLS #417673
