Job Description

The Vice President of Credit is a senior leadership role responsible for overseeing the organization's credit policy, risk management, and lending strategy. This role provides strategic direction and hands-on oversight of underwriting, portfolio management, and credit policy, ensuring timely and sound credit decisions in a fast-paced, client-focused environment. The VP of Credit plays a highly visible and collaborative role, partnering closely with originations, sales, and executive leadership.

Essential Duties and Responsibilities:

• Develop, implement, and continuously refine credit policies, underwriting standards, and risk frameworks
• Align credit strategy with overall business goals, growth targets, and risk appetite
• Responsible for building and developing a team with a focus on critical thinking, staff development, and driving performance and results.
• Monitor economic trends and adjust credit policies accordingly
• Oversee credit risk across all sales segments (ex. syndications, vendor, end-user, broker)
• Provide hands-on review and approval of middle-market and complex transactions (e.g., $250K+)
• Incorporate economic trends, industry outlooks, and market conditions into decision-making
• Maintain credit files, audit readiness, and strong documentation standards
• Oversee development, implementation, and ongoing maintenance of credit scoring models for underwriting and portfolio monitoring
• Be an active participant in Senior Leadership meetings, contributing thoughts and ideas to help achieve NewLane's goals and objectives.
• Ensures regulatory compliance within the underwriting function

Qualifications:

• Demonstrates NewLane's values of Integrity, Passion, Teamwork, and Commitment to Excellence.
• Bachelor's degree in finance, Economics, Accounting or related field required.
• Minimum 10+ years experience in credit and equipment finance underwriting
• 7 years experience in a leadership position.
• Understanding of credit and underwriting operations, including experience with scoring models.
• Experience in small ticket equipment finance desired
• Proficient in Microsoft Office Suite including Excel and computer literacy skills required.
• Good working knowledge of other functional departments (i.e., Sales, Funding, Servicing, Collections, etc.) and their interactions with the Credit department.
• Excellent verbal and written communication skills.
• Candidate should be self-motivated and possess a desire to learn.
• Strong organizational skills and attention to detail with sense of urgency.
• Ability to work independently as well as in a team setting in a fast-paced environment.

The successful candidate will receive competitive compensation, excellent benefits including Health, Dental, Vision, 401k) with match, flexible spending, Life Insurance, Short Term and Long-Term Disability Insurance, generous PTO, and much more...

Salary Range:

$133,728.00 - $219,696.75

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

https://www.wsfsbank.com/about/careers/

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