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