Commercial Loan Specialist

Commercial Loan Specialist

At WSFS Bank, we empower our Associates to grow their careers, we guide our customers to secure their financial futures, and we actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, opportunities to advance, and more. We are the premiere, locally headquartered bank and wealth management company in the region and 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 Commercial Loan Specialist supports Business Banking, Commercial Real Estate, Small Business, and Reverse Mortgage lending by performing a wide variety of maintenance to multiple systems. The Loan Servicing Specialist will manually establish all new Commercial, Construction, Small Business Loans and Lines of Credit on the FIS system, and use the nCino Sales Partner loan system to analyze legal documents and internal bank documents and create boarding data sheets and update data as necessary.

Job Responsibilities :

• Responsible for setting up customer records, loan accounts, commitments and notes in the IBS loan core system, as well as maintain and enter collateral and Tickler remarks for future loan changes and calls.
• Responsible for setting up SBA, HMDA, CRA and Construction Interest Reserves, and will set up and maintain participations, letters of credit, flood insurance, ACH and autopay loan features.
• Process renewals and other system and coding changes as needed.
• Assist with payment, advance postings, and file management duties including filing trailing documents, fulfilling file requests.
• Cross train in other functions to assist when needed.

Minimum Qualifications :

Salary Range : $44,146.00 - $72,525.25