WSFS Bank

Business Banking Underwriting Manager

Wilmington, DE

Sponsorship not specified$111k-$183kDetected 28 days ago

ExcelLeadershipCommunicationCollaborationPublic SpeakingUnderwriting

About the role

Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more.
The Business Banking Underwriting Manager is responsible for underwriting business purpose loans of $3 million or less under the guidance of Loan Policy, ensuring the Bank's standard of risk/credit quality and associated procedures are met.
The incumbent will review, analyze, underwrite as needed, and render loan decisions for applications for Small Business, Business Banking, and periodic SBA loan originations.

Manage end-to-end underwriting processes for Business Banking Loan originations, ensuring adherence to Bank Policy.
Partner with leadership on broad bank initiatives as well as committee presentations and periodic portfolio assessments/audit.
Coach and Lead team of underwriters and demonstrates understanding of complex Conventional loan structures.
Collaborate and work with Underwriters, Relationship Managers, and Closers for loans in origination, post-approval and to closing queue.
Focus efforts with Leadership to develop strategy, recommendations etc. for improving efficiency, productivity, and quality of work within the Business Banking Team.
In addition, the incumbent will lead a Team of underwriters who will be responsible for review and credit decision similarly sized conventional Small Business and Business Banking credits, as well as assisting all relevant Business Banking Staff.

Must have a bachelor's degree, or equivalent credit training/certifications and/or work experience.
Must have a minimum of 10 years of credit review experience, preferably underwriting Conventional Business Banking loans.
Must have a strong knowledge in business credit underwriting and analysis.
Proficiency in Excel is required.
Knowledge of loan origination systems (nCino and/or related), reporting, dashboards etc.
Must have strong PC spreadsheet skills and excellent analytical skills.
Must have thorough knowledge of credit and regulatory policy(s).

$111,440.00 - $183,082.25
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
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.
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.

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.
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.

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