Commercial Portfolio 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 Commercial Portfolio Manager will manage a portfolio of existing commercial banking customer relationships as assigned by the C&I team leader or department manager.

Job Responsibilities:

• Work closely with the Team Manager or Department Manager to support the credit administration and servicing needs of that Manager’s customer portfolio.

• Manage a portfolio of existing loans including annual reviews, modifications, renewals/extensions etc.

• Overall responsibility for ensuring the effective and efficient underwriting of commercial loans in alignment with the Bank’s risk tolerance.

• Join prospect/customer calls with the lending team.

• Interview customers and their consultants to gather information concerning their business, financial condition, and operating performance to evaluate financing needs.

• Acts as a liaison to internal business partners and third-party professionals.

• Assist corporate banking trainees and credit analysts in the development, analysis and preparation of financial background for Business Banking Clients.

• Complexity of the customer relationships managed, any credit authority extended, and the designation of the Portfolio Manager is determined by the candidate’s work experience and training.

Minimum Qualifications:

• Must have a bachelor’s degree, preferably in a business-related field, or equivalent experience in retail and commercial banking divisions.

• Must have at least 4 years of prior credit underwriting and/or portfolio management related experience.

• Must have strong knowledge of commercial and consumer loan and deposit products.

• Experience using nCino and Moodys is preferred.

• Must be self-motivated and able to work with minimal supervision.

• Must have the ability to thoroughly interpret financial data and use sound business judgment.

• Must have excellent written and oral communication skills, as well as excellent listening ability and presentation skills.

• Must have excellent attention to detail and proficiency in Microsoft Excel.

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.