Director of Small Business & SBA Operations

Posted 5 Days Ago
Be an Early Applicant
Wilmington, DE
Senior level
Financial Services
The Role
The Director of Small Business and SBA Operations will lead the Loan Closing Team, ensuring timely and accurate closings for Small Business and SBA loans. Responsibilities include collaborating with various teams to enhance customer experience, refining policies and procedures, and maintaining regulatory compliance. A key focus is on leading a specialized team to optimize workflows and financial outcomes.
Summary Generated by Built In

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 Small Business and SBA Operations is responsible for timely and perfected closings of both Small Business and SBA loans to maintain our position as the Small Business Bank of Choice. The Team is composed of 12 specialized loan closers & documentation specialist with 6 being direct reports. The incumbent will report to the Chief Business Banking Officer and will partner on new product strategies and provide best in class client experience through Delivery Transformation.

Job Responsibilities:

  • Manage the Loan Closing Team, responsible for commercial and commercial real estate lending groups.
  • Collaborate with Relationship Managers, Business Development Officers, Underwriting, Deposit Operations, and Special Assets to ensure a seamless, consistent customer experience, a well-managed servicing portfolio, and to foster an internal culture of cross-selling bank products.
  • Collaborate with Loan Administration, Risk Management, Underwriting, General Counsel, outside Counsel, and Capital Markets to ensure conformity with lending guidelines, investor guidelines, and loan documentation.
  • Refine policies, procedures, controls, and processes to optimize workflow, while effectively managing risks and ensuring adherence to established regulatory/credit policies and servicing guidelines and contracts and as applicable, investor and rating agency standards.
  • Ensure high quality outcomes from internal loan review, compliance reviews, internal and external audits, servicer reviews, and regulatory compliance examinations.
  • Maintain in-depth knowledge of Commercial Lending, SBA standard operating procedures, credit guidelines, practices and trends in the industry, ensuring compliance will all applicable laws and regulations.

Minimum Qualifications:

  • Bachelor’s degree in Management, Finance, Accounting or other business related field.
  • Minimum of 7 – 10 years of Commercial Lending experience.
  • Specialist lending experience in SBA lending is strongly preferred.
  • Knowledge of SBA standard operating procedures is required.
  • Must possess the ability to thoroughly interpret financial data and use sound business judgement.
  • Must have previous experience managing a team in the commercial lending space.
  • Must have excellent interpersonal, verbal, and written communication skills.
  • Must have experience with nCino and Salesforce or like systems to originate loans.
  • Must be proficient with Microsoft Office software and can use other banking software.

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.

Top Skills

Ncino
Salesforce
The Company
HQ: Wilmington, DE
2,187 Employees
On-site Workplace
Year Founded: 1832

What We Do

WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of June 30, 2024, WSFS Financial Corporation had $20.7 billion in assets on its balance sheet and $84.9 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (39), New Jersey (14), Florida (2), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. Member FDIC | Equal Housing Lender | NMLS #417673

Similar Jobs

CSC Logo CSC

Director of Client Service-Private Equity Fund Accounting

Fintech • Legal Tech • Software • Financial Services • Cybersecurity • Data Privacy
Wilmington, DE, USA
8000 Employees

CSC Logo CSC

Fund Accounting Manager

Fintech • Legal Tech • Software • Financial Services • Cybersecurity • Data Privacy
Hybrid
Wilmington, DE, USA
8000 Employees

CSC Logo CSC

Accounts Receivable Specialist

Fintech • Legal Tech • Software • Financial Services • Cybersecurity • Data Privacy
Wilmington, DE, USA
8000 Employees

Capital One Logo Capital One

Principal Associate, Card Agile Accounting

Fintech • Machine Learning • Payments • Software • Financial Services
Hybrid
3 Locations
55000 Employees
107K-134K Annually

Similar Companies Hiring

EDGE Thumbnail
Software • Fintech • Financial Services • Analytics
Chicago, IL
20 Employees
Energy CX Thumbnail
Utilities • Professional Services • Greentech • Financial Services • Energy • Consulting • Business Intelligence
Chicago, IL
55 Employees
MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account