WSFS Bank is currently seeking a Commercial Loan Documentation Specialist. The Commercial Loan Documentation Specialist will prepare documentation and support the closing needs of a diverse and complex portfolio of commercial loans. The incumbent will assist with activities relating to commercial loans in connection with assigned transactions. The incumbent will ensure loan approvals comply with internal guidelines and external regulations. The position will obtain and review all due diligence required in connection with each anticipated transaction, which may include but not be limited to appraisals, environmental reports, title, survey, and customer due diligence. The incumbent will work together with customers and other members of the loan team to identify and resolve risks presented by review of such information. This position will prepare appropriate loan documents or manage outside counsel engaged to prepare loan documentation for each transaction relating to assigned transactions, ensuring that all documentation complies with approved terms, regulatory requirements and Bank policies. The incumbent will identify and resolve barriers to closing, which may include but not be limited to necessary insurance coverage, title endorsements, outstanding liens or clouds on title requiring resolution, outstanding taxes, and judgments against parties or property. The incumbent should have knowledge of entity documents to determine authorization and signers, and have the ability to multi-task and work on several transactions at a time with minimal errors and exceptions under limited time constraints.
The schedule is a 40 hour work week M-F 8:00AM - 5:00PM and is located at our Bank Center in Wilmington, DE.
Minimum Qualifications:
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