Collateral Analyst

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 Corporate Trust Collateral Analyst for our Wealth division.  The Corporate Trust Collateral Analyst will be responsible for managing multiple servicers reporting and accuracy. WSFS Bank as calculation agent/paying agent works on many securitizations that require accurate and standard reporting from servicers. The analysts will be responsible for reviewing and analyzing the reporting and conduct oversight on the reporting from each servicer. The analyst will adhere to corporate, division and departmental policies and procedures, as well as following regulatory and compliance concerns. The analyst will demonstrate collaboration with both internal partners as well as external clients. 

This is a 40 hr/wk. position at our Bellevue Office location in Wilmington, DE.

Job Responsibilities:

• Assist the payment and analytic team with servicer standardization and setup of servicer reporting after closing.
• Independently run with monthly structured finance cash flow models to generate payment reports
• Technical skills to be able to trouble shoot structured models against governing contracts
• Responsible for reviewing and analyzing governing documents to ensure that servicers are reporting accurately to agreed reporting items.
• Manage the timely receipt of reports from servicers monthly.
• Work on the reconciliation of the report to verify accurate reporting from the previous month.
• Analyst will work with our technology group to ensure that the collateral and fundings from the trust are captured in our databases.
• Demonstrate an in-depth knowledge of policies and procedures of loan servicing of mortgage related products.
• Promote a positive team culture, provide support to all payment and analytic team, and participate in projects as needed.

Minimum Qualifications:

• Bachelor’s degree or related work equivalent is required.
• 1 to 3 years demonstrated successful track record in a diverse loan servicing shop is preferred.
• Must have strong knowledge of the Microsoft Office Suite; intermediate Excel skills are highly preferred.
• Excellent verbal, written, and interpersonal communication skills are required.
• Must demonstrate adaptability, assessing, analyzing, calculating, dependability, memorizing, sound judgment, stress management, effective prioritization, social skills and speaking.
• Must demonstrate strong organizational, critical thinking skills, decision making, communication and quantitative reasoning abilities.
• Must demonstrate the ability to understand and apply verbal and written instructions, organizing and communicating information effectively, managing workload priorities, and making informed decisions that support departmental objectives.
• Must have the ability to perform mathematical computations accurately and effectively, while recording, reconciling, and checking results for accuracy.

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 [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.