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Corporate Banking Trainee

Company: WSFS Bank
Location: Wilmington
Posted on: August 6, 2022

Job Description:

Job DescriptionWSFS Bank is currently seeking a Corporate Banking Trainee. The Corporate 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 incumbent will be required to travel within the bank's "footprint" to branch locations and visit commercial customers at their place of business. The schedule is 40 hour work week M-F 8:00AM - 5:00PM.

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.How do you get to be nearly 200 years old in a world that's constantly changing? For us, the answer has always been the same: create a team of Associates who are passionate about serving the community, and success will follow. Our Mission and Values serve as essential reminders about who we are and how we do business. 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

Keywords: WSFS Bank, Wilmington , Corporate Banking Trainee, Accounting, Auditing , Wilmington, Delaware

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