Commercial loan specialist

Job Description

At WSFS Bank, we empower our Associates to grow their careers, we guide our customers to secure their financial futures, and we actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, opportunities to advance, and more. We are the premiere, locally headquartered bank and wealth management company in the region and 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 Loan Specialist supports Business Banking, Commercial Real Estate, Small Business, and Reverse Mortgage lending by performing a wide variety of maintenance to multiple systems. The Loan Servicing Specialist will manually establish all new Commercial, Construction, Small Business Loans and Lines of Credit on the FIS system, and use the nCino Sales Partner loan system to analyze legal documents and internal bank documents and create boarding data sheets and update data as necessary.

Job Responsibilities:

• Responsible for setting up customer records, loan accounts, commitments and notes in the IBS loan core system, as well as maintain and enter collateral and Tickler remarks for future loan changes and calls.
  
• Responsible for setting up SBA, HMDA, CRA and Construction Interest Reserves, and will set up and maintain participations, letters of credit, flood insurance, ACH and autopay loan features.
  
• Process renewals and other system and coding changes as needed.
  
• Assist with payment, advance postings, and file management duties including filing trailing documents, fulfilling file requests.
  
• Cross train in other functions to assist when needed.
  

Minimum Qualifications:

• Bachelor's degree or 4 years of banking experience in lieu of degree.
  
• Knowledge of accounting principles, general ledger balancing and financial fundamentals is preferred.
  
• Previous banking experience is required.
  
• At least 2 years in loan accounting, investor reporting, commercial loan servicing or customer service experience.
  
• 2 years of loan servicing environment is preferred.
  
• Syndications experience preferred.
  
• Previous experience with real estate loan documentation is preferred.
  
• Microsoft Office skills.
  
• Must possess excellent oral and written communication skills.
  

Salary Range:

$44,146.00 - $72,525.25

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; 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

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.