Director of Business Banking Credit & Risk

Job Description

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 Director of Business Banking Credit & Risk is responsible for leading credit risk management, underwriting oversight, and servicing for the Business Banking and SBA lending portfolios. This role partners closely with Business Banking Sales, SBA Sales, Operations, Credit Administration, and Commercial Credit leadership to ensure sound credit decisions, regulatory compliance, and effective risk management practices. The Director provides strategic leadership to credit underwriting and servicing teams while supporting the growth of the Bank's Business Banking and SBA portfolios.

Job Responsibilities:

- Partner with the Director of SBA Sales, Director of Business Banking Sales, Director of Business Banking Operations, Commercial Credit leadership, and associated teams to evaluate new Small Business, Business Banking, and SBA lending opportunities.
- Provide oversight and leadership of underwriting teams responsible for 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 within Business Banking and SBA portfolios.
- Manage loan-level, portfolio, policy, compliance, operational, and audit risk across all Business Banking segments.
- Partner with the First Line of Defense and peer leaders to identify, mitigate, and manage risk exposure to the Bank.
- Lead teams responsible for credit underwriting, servicing, and credit policy adherence.
- Ensure loan originations are underwritten, approved, documented, and monitored in accordance with WSFS loan policy, Business Banking guidelines, and SBA Standard Operating Procedures (SOPs).
- Maintain compliance with applicable banking regulations, internal policies, and industry best practices.
- Conduct periodic portfolio reviews to assess asset quality and identify potential areas of risk.
- Prepare and review credit memoranda to ensure appropriate loan structure, eligibility, risk assessment, and adherence to policy requirements.
- 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.

Minimum Qualifications :

- Bachelor's degree in Business, Finance, Accounting, or a related field preferred.
- Minimum of 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.
- Relevant banking, credit, or risk management certifications are a plus.

WSFS Bank will only consider candidates who are presently authorized to work for any employer in the United States and who will not require work visa sponsorship from WSFS Bank now or in the future in order to retain their authorization to work in the United States.

Salary Range:
$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. 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 https://www.wsfsbank.com/about/careers/

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.