At William Penn Bank, we are committed to Community Banking at Heart ❤️
We have been serving the local needs of our communities and customers for over 150 years. As we continue to grow and thrive as a bank, our neighborhood focus remains the same. If you are passionate about your local community and want to join a team of innovative, empowered and enthusiastic people, then you are in the right place.
Whether you bring years of experience to the table or are just getting started at your career in banking, we are happy to bring you on board. With our expert team of banking professionals, we’ll make you feel right at home and help you achieve your career goals. When you succeed, we all do!
Job Openings
Position Summary
William Penn Bank, a growing community bank is looking to hire a Market Manager to join our retail branch network. The Market Manager will oversee our Doylestown and Richboro, PA branches. While managing multiple offices, this individual will plan, direct and organize the sales, internally and externally and daily operational activities of the assigned branches, including development of new business, lending, servicing accounts and customer relations.
Job Responsibilities
- Oversees multiple offices
- Knows all features and benefits of the bank’s products, programs and services in order to train and motivate staff to cross sell.
- Seeks out new prospects, both individual and business; actively helps plan and oversees activities of the branch to drive new business. Maintains certain customer contact data for marketing use.
- Disseminate and train branches on new information regarding policies, procedures and products; conducts regular staff meetings; succession planning
- Recruits, hires, assigns jobs, promotes, conducts performance appraisals, counsels, disciplines and terminates employees or makes recommendations on these issues which are given particular weight
- May be asked by Regional Manager to assist in running area blitz days; projects
- Represents the bank in business development efforts and at civic and community functions.
- Participates in Bank and Community events. Serves as a volunteer for the community a minimum of 8 hours annually and records hours in Continuity.
- Follows compliance with traditional Bank policies and procedures. Adheres to compliance with the Bank Secrecy Act, OFAC and USA PATRIOT Act including accurate completion of CTR’s, Monetary Instrument logs, and reporting of suspicious activities to supervisor. Completes BSA and related compliance training annually.
- Maintain registration through the NMLS and comply with all SAFE Act requirements
- Adheres to proper regulatory compliance practices inherent in this position by following departmental policies and procedures, completing compliance training as assigned and questioning and areas of uncertainty regarding proper process
- Other duties assigned by the Manager or Supervisor.
Required Education, Experience and Skills
- College degree preferred
- Minimum 5 years banking experience
- Excellent communication skills
- Professional interpersonal skills to represent the Bank in a positive way in dealing with customers and other employees
- Previous Branch Management experience
- Working knowledge of personal computers and software, specifically Microsoft Word, Excel, and Power Point, as required to support job functions.
- Good analytical and problem-solving aptitude.
- Written and oral command of language.
- Ability to handle multiple tasks with minimal error.
- Ability to work with demanding timelines and schedules.
- Pursues continuing educational requirements as established in annual goals and review process.
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. A complete job description will be provided upon request. Duties, responsibilities, and activities may change at any time, with or without notice.
Equal Employment Opportunity
William Penn Bank is an Equal Opportunity Employer that does not discriminate or retaliate on the basis of actual or perceived race, creed, color, religion or religious creed, alienage or national origin, ancestry, citizenship status, age, disability or handicap or association with an individual with a handicap or disability, sex (including affectional or sexual orientation, gender identity, gender expression, gender transition, or transgender identity), pregnancy or breastfeeding/lactation, marital status, civil union status, domestic partnership status, veteran status, military status, genetic information, atypical hereditary cellular or blood trait, arrest record, domestic or sexual violence victim status, credit information, or any other characteristic protected by applicable federal, state or local laws.
Interested applicants may email their resume to Nicole Nielsen – SVP, Chief Human Resources Officer at nnielsen@williampenn.bank.
Qualified candidates will be subject to a background check and pre-employment drug test.
Position Summary
The Commercial Credit Manager is responsible for ensuring quality underwriting, compliance and credit monitoring, supporting new business development while applying credit risk policy and adhering to WP Bank’s risk appetite. This job manages the credit underwriting functions for the NJ & PA market. The key accountabilities of this role are credit understanding and approval, people management, development and coaching of the credit analysts, and ensuring continued coaching in credit skills and capabilities development and career development for analysts. The Commercial Credit Manager manages the credit analysts within the NJ & PA market. The Commercial Credit Manager works closely with the Chief Lending Officer to ensure consistency with the WP Bank’s Risk Appetite Principles, including establishing the Borrower Risk Ratings for new and existing credit relationships.
Job Responsibilities
- Performs preliminary research on potential customers to determine alignment with WP Bank products/structure while also assisting in assessments of credit needs and alignment with WPB Credit Risk Appetite
- Attends site visits as needed or as requested
- Supervises Credit Analysts in creation of preliminary spreads, cashflow, Borrowing Risk Rate, and term sheet used and assets on the decision to move forward with potential clients; Has oversight of Officer Analysis, input Borrowing Risk Rate and Financial Covenants.
- Ensures that all staff are knowledgeable of and operate within the applicable regulatory and compliance guidelines/policies & procedures and ensure that all staff complete required compliance attestations/training within required timelines
- Assesses all credit applications, ensuring they provide a high quality of risk assessment, credit structure analysis, due diligence, and credit presentation
- Ensures appropriate balance between customer risk and pricing
- Have joint signature approval on credits within delegated limits and make recommendations on all others
- Ensures the overall portfolio is comprehensively monitored and controlled, adhering to and administered within approved guidelines and in line with established operating policies and procedures and applies WPB’s risk management strategy (both credit and operational)
- Understands changing market conditions and remain knowledgeable of relevant industry issues
- Responsible for managing aspects of the customer relationship including, but not limited to, reviewing reports and delinquencies, sign off of covenant compliance forms and assists in developing strategy if failures occur, completing monthly monitoring
- Lead a team of Credit Analysts in monitoring loan covenants, loan delinquencies, and the annual review and renewal of existing credit relationships
- Must maintain strict adherence to regulatory requirements, ensure conformity with all federal and state compliance policies
- Adheres to proper regulatory compliance practices inherent in this position’s responsibilities by following departmental policies and procedures, completing compliance training as assigned and questioning any area of uncertainty regarding proper regulatory processes.
- Perform any other related duties as required or assigned.
Required Education, Experience and Skills
- Business degree from an accredited four-year college or combined work experience
- Broad knowledge of such fields as accounting, marketing, business administration, finance, etc.
- Excellent communication skills. Ability to effectively communicate information and answer questions with confidence to customers, clients, and public. Ability to communicate with all levels throughout the organization.
- Critical thinking skills, independent thinker, with the ability to express an opposing opinion and ask questions in a diplomatic manner.
- Proficiency with Microsoft Office; including Outlook, Word, Excel, and PowerPoint.
Other Duties
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. A complete job description will be provided upon request. Duties, responsibilities, and activities may change at any time, with or without notice.
Equal Employment Opportunity
William Penn Bank is an Equal Opportunity Employer that does not discriminate or retaliate on the basis of actual or perceived race, creed, color, religion or religious creed, alienage or national origin, ancestry, citizenship status, age, disability or handicap or association with an individual with a handicap or disability, sex (including affectional or sexual orientation, gender identity, gender expression, gender transition, or transgender identity), pregnancy or breastfeeding/lactation, marital status, civil union status, domestic partnership status, veteran status, military status, genetic information, atypical hereditary cellular or blood trait, arrest record, domestic or sexual violence victim status, credit information, or any other characteristic protected by applicable federal, state or local laws.
Interested applicants may email their resume to Nicole Nielsen – SVP, Chief Human Resources Officer at nnielsen@williampenn.bank.
Qualified candidates will be subject to a background check and pre-employment drug test.
Position Summary
William Penn Bank, a growing community bank is looking to hire a Credit Analyst to join our commercial credit department in Audubon, NJ. As the Commercial Credit Analyst at William Penn Bank, under direct supervision of the VP, Commercial Credit Manager. You will occasionally accompany loan officers on customer calls and follow up with customers and accountants regarding required documentation or questions. We will guide you to fulfill job duties and achieve the necessary qualifications to become a Credit Analyst II; and support our Lending Team with their credit underwriting needs at William Penn Bank.
Job Responsibilities
- Prepare written credit memorandums to be provided to senior management and loan committee on all new loans, renewals, extensions and modifications relative to financial strengths and weaknesses of borrowers, risk assessments, strength of guarantors, industry analysis and collateral and loan structures with opinions as to credit worthiness.
- Supports Lending Team with credit underwriting efforts including industry and company research, loan presentation preparation, financial statement spreads, cash flow analyses and rental economics. Understand and incorporate bank policy and federal regulations into each analysis
- Periodic follow-up with customers and accountants regarding required documentation or questions.
- Gathering information on actual and prospective borrowers through inquiries and investigations with trade suppliers, financial institutions, appraisers, professional firms or individuals and in-house information on borrowers relative to loan amount, activity, and profitability and affiliate relationships.
- Assist in portfolio management activities such as completing Annual Financial Updates and Loan Management Reports on existing borrowers.
- Spreading financial statements through the use of Sageworks and analyze reports produced by the system for preparation of written reviews.
- Accompany account officers on calls to develop more information on the companies being analyzed and better assess the risks associated with the credit.
- Monitor the loan compliance on existing customer accounts.
- Regularly track the stages of active and pending loans.
- Analyze loans highlighting any problems or questions and writing the final credit analysis.
- Calculate figures and amounts such as discounts, interest, ratios, commissions and percentages.
- Adheres to proper regulatory compliance practices inherent in this position’s responsibilities by following departmental policies and procedures, completing compliance training as assigned and questioning any area of uncertainty regarding proper regulatory processes.
- Perform any other related duties as required or assigned.
Required Education, Experience and Skills
- Business degree from an accredited four-year college, with a minimum of 9 credits in accounting and finance courses.
- Broad knowledge of such fields as accounting, marketing, business administration, finance, etc.; equivalent to a four-year college degree, plus 0 to 6 months related experience and/or training; or equivalent combination of education and experience.
- Excellent communication skills. Ability to effectively communicate information and answer questions with confidence to customers, clients, and public. Ability to communicate with all levels throughout the organization.
- Critical thinking skills. You are an independent thinker, with the ability to express an opposing opinion and ask questions in a diplomatic manner.
- Proficiency with Microsoft Office; including Outlook, Word, Excel, and PowerPoint.
Other Duties
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. A complete job description will be provided upon request. Duties, responsibilities, and activities may change at any time, with or without notice.
Equal Employment Opportunity
William Penn Bank is an Equal Opportunity Employer that does not discriminate or retaliate on the basis of actual or perceived race, creed, color, religion or religious creed, alienage or national origin, ancestry, citizenship status, age, disability or handicap or association with an individual with a handicap or disability, sex (including affectional or sexual orientation, gender identity, gender expression, gender transition, or transgender identity), pregnancy or breastfeeding/lactation, marital status, civil union status, domestic partnership status, veteran status, military status, genetic information, atypical hereditary cellular or blood trait, arrest record, domestic or sexual violence victim status, credit information, or any other characteristic protected by applicable federal, state or local laws.
Interested applicants may email their resume to Nicole Nielsen – SVP, Chief Human Resources Officer at nnielsen@williampenn.bank.
Qualified candidates will be subject to a background check and pre-employment drug test.