Commercial Banking Trainee

Job Description

WSFS Bank is currently seeking a Commercial Banking Trainee. The Commercial Banking Trainee will be responsible for analyzing commercial loan customers and real estate projects for financial and business risks. The incumbent will review balance sheets income statements and cash flow statements. The incumbent will be responsible for analyzing industry and market risks as well as prepare credit memorandums financial spreadsheets relationship/profitability analysis and other tasks associated with supporting Relationship Managers. The incumbent will complete an extensive training program including internal external and virtual training and on-the-job training with experienced bankers. The incumbent will work with business clients with revenues of $2.5 to $100 million and/or real estate transactions from $1 to $15 million in credit exposure.

The schedule is 40- hour work week Monday - Friday 8:00 AM - 5:00 PM. This position requires the incumbent to work in Wilmington DE for the first 12-18 months of employment. The associate can transition to another location at our Bank Center location in Wilmington DE Bank Place in Center City Philadelphia or Berwyn must be willing to travel to customer and various WSFS locations as needed.

Minimum Qualifications:

• Must have a Bachelors degree in Accounting Finance or Business or equivalent work experience which provides a basis for commercial loan underwriting and analysis including the review and interpretation of client financial statements and tax returns review and understanding of data in both personal and business bureaus. Training is provided.
• Previous credit experience is preferred.
• Previous banking experience is preferred.
• Requires excellent oral and written communication skills.
• Requires strong analytical skills.
• Must have strong Microsoft Office skills including Excel.
• Must be an independent thinker in collaboration with other professionals and be able to structure a loan request while maintaining the credit quality dictated by bank policy to Find a Way to grant a loan.
• Must have a good understanding of applying Loan Policy to the underwriting document.

Salary Range:

Individual base pay may vary on additional factors such as the candidates 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 Associates location and employment status. For more information about Associate benefits please visit 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

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.