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 two-year training program including specialized external classroom 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. Minimum Qualifications: Must have a Bachelor's 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 review experience is preferred. Previous banking experience is preferred. Requires strong analytical skills and strong PC spreadsheet skills. Requires excellent oral and written communication skills. 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 careers@wsfsbank.com. 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. At WSFS Bank we empower our Associates to forge the careers of their dreams, we guide our Customers to secure their financial futures, and we actively support our Communities so they can fully thrive. We know that when we work together and move forward with purpose a brighter path to the future lies ahead for our Associates, our Customers, and the Communities we serve. WSFS Financial Corporation (WSFS) 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 March 31, 2023, WSFS Financial Corporation had $20.3 billion in assets on its balance sheet and $65.6 billion in assets under management and administration. WSFS operates from 119 offices, 92 of which are banking offices, located in Pennsylvania (61), Delaware (39), New Jersey (17), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash 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.