WSFS Bank: A Hub for Career Growth and Financial Empowerment
WSFS Bank is a thriving financial institution that is dedicated to empowering its associates to build successful careers, guiding its customers to secure their financial futures, and actively supporting the communities it serves. This is a bank that not only offers competitive salaries and numerous advancement opportunities but also prides itself on its inclusive and supportive culture. The bank’s mission is deeply rooted in service, and its associates strive to make a difference every day for the people, businesses, and communities they serve. As a locally headquartered bank and wealth management company, WSFS Bank is honored to be consistently named a Top Workplace by its associates. More about this can be found here.
The Role of a Business Banking Relationship Manager III at WSFS Bank
One of the key positions at WSFS Bank is the Business Banking Relationship Manager III. This role involves managing and growing relationships with small-to-medium-sized businesses that have up to $10 million in annual revenues. The job involves delivering customized financial solutions with total credit exposure of up to $3 million.
As a Business Banking Relationship Manager III, you will play a pivotal role in driving business growth by providing expert financial advice and a full suite of business banking services, including lending, deposit, and non-credit products, to support the financial goals of business clients. This role is sales driven and requires a proven history of developing new businesses and managing relationships. The ideal candidates for this role are those who are experienced in community banking, networking, building relationships, and providing excellent customer service, and have extensive experience with small businesses.
Key Responsibilities of the Business Banking Relationship Manager III
The role of a Business Banking Relationship Manager III at WSFS Bank is multifaceted. Some of the key responsibilities include identifying and pursuing new business opportunities, conducting client and prospect meetings to assess financial needs, prospecting new business relationships, performing comprehensive financial analyses, developing and recommending loan structures, negotiating loan terms, managing an active loan portfolio, conducting regular portfolio reviews, and collaborating with credit and portfolio management teams.
The Business Banking Relationship Manager III also serves as the primary relationship manager, functioning as the “gatekeeper” for the bank. This involves deepening client relationships, providing exceptional customer service, partnering with internal teams, and mentoring and coaching junior relationship managers.
Minimum Qualifications for the Role
To qualify for the role of a Business Banking Relationship Manager III at WSFS Bank, one must possess a bachelor’s degree in business or finance or equivalent experience. The role requires an experienced business lender with 7+ years of new business development experience and direct sourcing and prospecting new clients. The candidate must also have 7+ years of business lending experience in the financial industry, proven history of managing relationships, developing new business, sustaining consistent production, and ability to perform in multiple goal categories. Additionally, the candidate should have strong knowledge of business lending, consumer lending, deposit products, and credit experience, loan structuring, and financial statement analysis.
Compensation and Benefits
The salary range for the Business Banking Relationship Manager III position at WSFS Bank ranges from $108,722.00 to $178,616.75. Individual base pay may vary based on factors such as the candidate’s experience, job-related skills, relevant education, geographic location, and other specific business and organizational needs. Besides the base salary, WSFS Financial Corporation (WSFS) and its subsidiaries may offer eligible Associates discretionary and formula-based incentive and retention awards.
WSFS Bank also 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.
WSFS Bank: An Equal Opportunity Employer
WSFS Bank prides itself on being an inclusive and supportive employer. The bank does not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. 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, you are encouraged to contact the bank via email at careers@wsfsbank.com.
