Senior Private Banking Relationship Manager

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 Senior Private Banking Relationship Manager will primarily manage Private Banking relationships for high-net-worth individuals and have overall responsibility for the development of new relationships which involve the sale and servicing of credit and non-credit products including deposit products and on-line banking services. The Relationship Manager will attend to the needs of private banking customers primarily seeking consumer loans or lines of credit on an unsecured or secured basis.

The incumbent will serve as the “gatekeeper” for other Bank products and services, as well as investment management, Trust and brokerage services. The Relationship Manager will call on prospective clients, as well as medical and legal professionals, to develop new relationships, retain existing business, and promote additional bank services to current clients. The Relationship Manager will interview customers and prospects to develop information concerning their needs and financial condition in order to determine whether a loan may be an acceptable risk and make decisions on loans and terms if within own lending limits.

In addition, the Relationship Manager will serve as Co-Advisor with in-house Investment Advisors to determine whether professional money management services are, and continue to be, appropriate for the client. In addition to keeping abreast of regulatory, economic and financial market trends, the Portfolio Manager will actively participate in community functions, and continue to expand their knowledge in all Private Banking services including credit, risk management, investments and insurance as well as real estate, retirement and tax planning.

• Manage client book with a marginal contribution between 1.5 to 4 million by recommending financial solutions as appropriate such as account openings, deposits, loans, lending, HELOC, etc.
• Manage complex loan structures.
• Manage credit underwriting, loan originations, etc.
• Manage new business generation activities by interviewing customers and prospects to develop information concerning their needs and financial condition in order to determine whether a loan may be an acceptable risk and make decisions on loans and terms if within own lending limits.
• Offer new solutions, deeper existing relationships, and utilize Salesforce pushes and website leads.
• Call on prospective clients, as well as medical, legal, tax, and other professional service providers to develop new relationships, retain existing business, and promote additional services to current clients.
• Participate in community functions and networking events and continue to expand their knowledge in all Private Banking services including credit, risk management, investments and insurance as well as real estate, retirement and tax planning.
• Other duties as assigned.

• 10+ years’ experience in a financial services industry
• Bachelor’s degree required, preferably in a Finance related field.
• MBA, CFP, CTFA, or similar certifications/licenses preferred.
• Excellent understanding of consumer and commercial underwriting requirements…