WSFS Bank

WSFS Bank

Vice President, Credit Operations

Philadelphia, PA · Exec

Sponsorship not specified$134k-$220kDetected 6 days ago
ComplianceAccountingExcelLeadershipCommunicationCritical ThinkingOrganizational SkillsMicrosoft OfficeUnderwriting

About the role

  • Job Description NewLane Finance is a commercial equipment finance company, serving small and mid-size businesses nationwide.
  • The Vice President of Credit is a senior leadership role responsible for overseeing the organization's credit policy, risk management, and lending strategy.
  • This role provides strategic direction and hands-on oversight of underwriting, portfolio management, and credit policy, ensuring timely and sound credit decisions in a fast-paced, client-focused environment.

Responsibilities

  • Develop, implement, and continuously refine credit policies, underwriting standards, and risk frameworks
  • Responsible for building and developing a team with a focus on critical thinking, staff development, and driving performance and results.
  • Maintain credit files, audit readiness, and strong documentation standards
  • Our mantra is "business lending done right," and our strategy is to revolutionize small business lending by employing the latest technology and a motivated workforce to deliver fair and transparent financing solutions to businesses with unmatched levels of speed, convenience and customer service.

Requirements

  • Bachelor's degree in finance, Economics, Accounting or related field required.
  • Minimum 10+ years experience in credit and equipment finance underwriting
  • 7 years experience in a leadership position.
  • Understanding of credit and underwriting operations, including experience with scoring models.
  • Experience in small ticket equipment finance desired
  • Proficient in Microsoft Office Suite including Excel and computer literacy skills required.
  • Good working knowledge of other functional departments (i.e., Sales, Funding, Servicing, Collections, etc.) and their interactions with the Credit department.
  • Ability to work independently as well as in a team setting in a fast-paced environment.
  • Demonstrates NewLane's values of Integrity, Passion, Teamwork, and Commitment to Excellence.
  • Excellent verbal and written communication skills.
  • Candidate should be self-motivated and possess a desire to learn.
  • Strong organizational skills and attention to detail with sense of urgency.

Compensation

  • $133,728.00 - $219,696.75
  • 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.

Benefits

  • 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.
  • For more information about Associate benefits, please visit https://www.wsfsbank.com/about/careers/
  • Benefit offerings are subject to eligibility requirements, legal limitations, and may vary based on an Associate's location and employment status.

Company info

  • We offer products and services to the business community primarily through financing programs with equipment manufacturers, distributors, and dealers.

Equal opportunity

  • WSFS is an equal opportunity employer.

Visa & Work Authorization

  • NewLane Finance will not be able to provide Relocation or Sponsorship

This listing is sourced directly from WSFS Bank's careers page and normalized into a canonical job model.