Director of Business Banking Credit & Risk
About The Position
The Director of Business Banking Credit & Risk leads credit risk management, underwriting oversight, and servicing for WSFS Bank’s Business Banking and SBA lending portfolios. The role partners with Business Banking Sales, SBA Sales, Operations, Credit Administration, Commercial Credit leadership, and related teams to support sound credit decisions, regulatory compliance, and effective risk management while supporting portfolio growth. The Director provides strategic leadership to credit underwriting and servicing teams, oversees credit evaluation and loan servicing, monitors portfolio performance and emerging risks, and supports initiatives to improve credit quality, operational efficiency, risk management, and portfolio performance. The role ensures lending activity adheres to WSFS loan policy, Business Banking guidelines, SBA Standard Operating Procedures, applicable regulations, internal policies, and industry best practices.
Requirements
- Minimum 10–15 years of experience in commercial credit, Business Banking, SBA lending, or a related credit risk management environment.
- Progressive leadership experience managing underwriting, credit administration, or risk management teams.
- Candidates must be presently authorized to work for any employer in the United States and must not require current or future work visa sponsorship from WSFS Bank.
Nice To Haves
- Bachelor’s degree in Business, Finance, Accounting, or a related field preferred.
- Relevant banking, credit, or risk management certifications are a plus.
Responsibilities
- Partner with sales, operations, Commercial Credit leadership, and associated teams to evaluate new Small Business, Business Banking, and SBA lending opportunities.
- Provide leadership and oversight to underwriting teams evaluating, structuring, and recommending credit facilities.
- Collaborate with Commercial Credit Officers and business line partners to assess credit risk and support sound lending decisions.
- Monitor portfolio performance and identify trends, emerging risks, and opportunities in the Business Banking and SBA portfolios.
- Manage loan-level, portfolio, policy, compliance, operational, and audit risk across Business Banking segments.
- Partner with the First Line of Defense and peer leaders to identify, mitigate, and manage the Bank’s risk exposure.
- Lead teams responsible for credit underwriting, servicing, and adherence to credit policy.
- Ensure loan originations are underwritten, approved, documented, and monitored in accordance with WSFS loan policy, Business Banking guidelines, and SBA Standard Operating Procedures.
- Maintain compliance with applicable banking regulations, internal policies, and industry best practices.
- Conduct periodic portfolio reviews to assess asset quality and identify potential risks.
- Prepare and review credit memoranda for appropriate loan structure, eligibility, risk assessment, and policy adherence.
- Review Business Banking and SBA loan packages developed by Relationship Managers and Loan Officers for compliance with lending objectives, policies, and procedures.
- Support strategic initiatives to improve credit quality, efficiency, risk management processes, and portfolio performance.
Benefits
- Medical, dental, and vision coverage.
- 401(k) plan.
- Life, accident, and disability insurance.
- Flexible spending accounts (FSAs) and health savings accounts (HSAs).
- Wellness programs.
- Paid parental leave may be available to eligible Associates.
- Military leave may be available to eligible Associates.
- Vacation and other paid time off may be available to eligible Associates.
- Sick leave in accordance with applicable state laws.
- Paid holidays.
- Eligible Associates may receive discretionary and formula-based incentive and retention awards.
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What This Job Offers
Job Type
Full-time
Career Level
Director
