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Private Banking Portfolio Manager II
2 months ago
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. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. 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.
The Portfolio Manager will work closely with Relationship Managers and Portfolio Administrators to monitor the ongoing performance of an assigned client portfolio. These duties will include completing annual reviews, renewing maturing loan facilities, monitoring covenant compliance, and underwriting new lending opportunities.
Job Responsibilities:
- Assist with the collection of financials statements and borrower information.
- Complete annual reviews, renew maturing loan facilities, monitor covenant compliance, and underwrite new lending opportunities.
- Attend in-person/virtual calls to help assess the needs of prospective and existing bank clients.
- Assist Relationship Managers with the structuring of proposed deals and term sheets that conform with the bank's Credit Policy.
- Coordinate loan closings with the bank's Loan Operations group.
- Collection and organization of relevant legal documents from the borrower.
- Bachelor's Degree or equivalent work experience is required.
- 3-5 years of experience in a loan servicing environment required.
- Must have the ability to learn from the experience of others, both inside and outside the organization.
- Must have thorough understanding of commercial lending and accounting standard practices.
- Must have experience in processing and servicing loans.
- Must have strong skills using Microsoft Excel, Word and Outlook.
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 [redacted].
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.
