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 Relationship Manager manages commercial banking relationships for companies with annual sales greater than $2.5 million and total business credit greater than $1 million
The incumbent has overall responsibility for retaining and expanding existing commercial relationships, as well as developing new commercial relationships
This may involve the sale and servicing of credit and non-credit products
The incumbent attends to the needs of customers seeking loans or lines of credit on terms that involve significant amounts of unsecured funds and/or credit secured by mortgages and other business collateral
Additionally, the incumbent will sell and service non-credit products, including corporate cash management and online banking services
This position serves as the \'gatekeeper\' for other Bank products and services
The incumbent will interview customers and prospects to understand information concerning their business needs, financial condition, and performance to determine whether a loan may be an acceptable risk as defined by the Bank's credit policy
Job Responsibilities: Partners with credit Associates, such as Portfolio Managers, in the development and analysis of financial background data for new or renewed loans
Makes decisions on loans and terms within assigned individual lending limits, partners with line of business or credit administration personnel to approve credit under dual signature authority or makes recommendations to senior loan committee for approval
Calls on businesses to develop new relationships with prospective clients, as well as retain existing business, and promote additional bank services to current clients
The position relies on self-generated referral sources (I.e
CPAs, attorneys, business brokers) to develop new opportunities
Track existing loan portfolio to ensure complete conformity with terms and covenants
Monitors and identifies developing trends or early warning signs of problem credits, performs timely risk assessment based upon this information, and updates loan systems and customer credit files with assessments
Responsible for performing annual reviews of their assigned portfolio manager
Minimum Qualifications: Bachelor's Degree is required, preferably in a business-related field
Strong knowledge of commercial and consumer loan and deposit products is required
Commercial loan training, consisting of financial statement analysis, loan structuring, and training is required
Must have a minimum of 5 years of experience in commercial lending and banking
Must have superior Customer Service skills
Must be proficient in using Microsoft Office, including Excel
Excellent oral and written communication skills are required
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 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.