Vice President, Credit Operations

$133.73k - $219.7k

Full-time

WSFS Bank

Job Description
NewLane Finance is a commercial equipment finance company, serving small and mid-size businesses nationwide. Our mantra is "business lending done right," and our strategy is to revolutionize small business lending by employing the latest technology and a motivated workforce to deliver fair and transparent financing solutions to businesses with unmatched levels of speed, convenience and customer service. We offer products and services to the business community primarily through financing programs with equipment manufacturers, distributors, and dealers.
The Vice President of Credit is a senior leadership role responsible for overseeing the organization's Credit Policy and Credit Procedures & Guidelines, 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, credit procedures and guidelines, 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.
Serve as a voting member of the NewLane Management Credit Committee
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
Maintain strong cross-functional relationships with all key stakeholders, including but not limited to the Board of Directors, Regulators, and cross-functional teams of WSFS Bank including the Risk Administration & Reporting, Credit Review, Enterprise Risk Management, Finance and Audit
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, presenting performance metrics and policies to the Credit Committee and Board of Directors
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
5 years' experience in a leadership position, including managing up to 10+ employees
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...
NewLane Finance is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, protected veteran or disabled status, or genetic information.
NewLane Finance will not be able to provide Relocation or Sponsorship
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
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 View email address on aplitrak.com.
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.

Apply

Vacancy posted 18 hours ago

Similar jobs that could be interesting for youBased on the Vice President, Credit Operations in Philadelphia, PA vacancy

Vice President of Business Development
$150k - $230k
...nationwide Hours: Full-time Position: Vice President of Business Development Department:... ...to achieve growth goals. ~ Maximize operating margin performance in concert with... ...customer discussions re: rates, service, credit and collections, insurance, volumes not...
Operations
Full time
Contract work
Local area
Remote work
Worldwide
Tucker Company Worldwide
Haddonfield, NJ
4 days ago
Vice President, External Affairs: United Way of Greater Philadelphia and Southern New Jersey
$190k - $200k
...year unlock more than $145 million in tax credits and benefits for which they were... ...Philadelphia and Southern New Jersey is seeking a Vice President, External Affairs to serve as a key... ...s next phase of evolution. The VP will operate at the intersection of external...
Operations
Work at office
Bryn Mawr College
Bryn Mawr, PA
2 days ago
Remote VP Product - Merchant Enablement
...About Us: At ClarityPay, we're redefining the point-of-sale credit market to bring more value to merchants. Based in NYC and Atlanta... ...merchant sales motions, checkout workflows, and operational processes , and translating those needs into scalable integration...
Operations
Remote work
Visa sponsorship
GrabJobs
Philadelphia, PA
7 hours ago
Vice President, Medical
...workforce committed to success. Position Summary: The Vice President, Medical will serve as a key leader in shaping and executing... ...prompt, facilitative, and high value collaboration with Clinical Operations and the cross-functional study teams; In coordination with...
Operations
For contractors
Local area
Flexible hours
Larimar Therapeutics
Philadelphia, PA
7 hours ago
Vice President, Field Finance
...Vice President, Field Finance About the Company Top-tier healthcare company Industry Hospital & Health Care Type... ...The successful candidate will be responsible for providing operational finance leadership, with a strong preference for those who have...
Operations
Confidential
Philadelphia, PA
3 days ago
Vice President, Internal Audit
...Vice President, Internal Audit About the Company Nationally acclaimed healthcare organization Industry Hospital & Health... ...on driving SOX governance, enterprise risk management, and operational audit excellence within a highly regulated Medicare...
Operations
Confidential
Philadelphia, PA
2 days ago
Vice President of Finance & Administration
...Vice President of Finance & Administration About the Company Leading national mental health awareness organization Industry... ...background in financial management, technology, and business operations, particularly within a nonprofit environment. This role is pivotal...
Operations
Confidential
Philadelphia, PA
2 days ago
Vice President, Accounting
...Vice President, Accounting About the Company Innovative drone platform used for aerial imagery & data solutions Industry... ...accounting activities, including financial reporting, accounting operations, internal controls, tax, treasury, and audit readiness. This...
Operations
Remote work
Confidential
Philadelphia, PA
7 hours ago
Vice President, Pharmacovigilance and Safety
...Vice President, Pharmacovigilance and Safety About the Company Forward-thinking pharmaceutical company Industry Pharmaceuticals... ...the VP will work closely with clinical development, clinical operations, regulatory, medical affairs, and commercial teams to...
Operations
Confidential
Philadelphia, PA
3 days ago
Vice President, Pharmacy Services
...Vice President, Pharmacy Services About the Company Innovative healthcare network serving the local community Industry... ...pharmacy is required, along with a proven track record in pharmacy operations within the oncology field. Essential competencies include expert...
Operations
Local area
Confidential
Philadelphia, PA
3 days ago
Vice President, Treasury
...Vice President, Treasury About the Company Industry-leading mortgage lender Industry Financial Services Type... ...will be responsible for overseeing the organization's treasury operations, cash management, liquidity planning, and banking relationships...
Operations
Confidential
Philadelphia, PA
1 day ago
Vice President of Product Development and Production
...Vice President of Product Development and Production About the Company Accomplished sporting apparel brand Industry Apparel... ...needs with business objectives to achieve a competitive advantage. Functions Product Management Operations...
Operations
Confidential
Philadelphia, PA
3 days ago
Vice President of Strategic Partnerships
...Vice President of Strategic Partnerships About the Company Leading multi-state home-based care provider focused on Private Duty... ...government healthcare programs, and familiarity with home care operations and reimbursement workflows. The ideal candidate will also have...
Operations
Confidential
Philadelphia, PA
3 days ago
Vice President, Association Relations
...Vice President, Association Relations About the Company Internationally-focused membership organization Industry Non-Profit... ...of members, retailers, and industry partners. Hiring Manager Title President Functions ~ Operations...
Operations
Confidential
Philadelphia, PA
3 days ago
Vice President, Clinical Services
...Vice President, Clinical Services About the Company Top telehealth weight loss program Industry Hospital & Health Care... ...candidate will be responsible for leading and scaling clinical operations across a large, distributed practice, ensuring the delivery...
Operations
Confidential
Philadelphia, PA
1 day ago
Vice President, Air Pollution Control
...Vice President, Air Pollution Control About the Company Well-established global provider of air pollution control and emissions... ...ownership, setting long-range strategies, and driving annual operating plans and growth targets. The successful candidate will be responsible...
Operations
Confidential
Philadelphia, PA
5 days ago
Vice President of Managed & Professional Services
...Vice President of Managed & Professional Services About the Company Innovative provider of software solutions for public transit... ...across the organization, with a strong focus on AI-driven operational excellence. The role is not about maintenance; it is about leading...
Operations
Confidential
Philadelphia, PA
7 hours ago
Vice President, Transformation
...Vice President, Transformation About the Company Accomplished healthcare services organization Industry Hospital & Health... ...and implementing strategic initiatives, with a focus on operational excellence and innovation in the delivery of healthcare services...
Operations
Confidential
Philadelphia, PA
3 days ago
Vice President of Land Development
...Vice President of Land Development About the Company Ambitious venture capital firm Industry Capital Markets Type... ...or real estate development, with a strong background in field operations, project management leadership, and infrastructure-heavy sites...
Operations
Remote work
Confidential
Philadelphia, PA
7 hours ago
Vice President of Strategic Initiatives
...Vice President of Strategic Initiatives About the Company Leading healthcare revenue cycle management services provider for health... ..., leading enterprise-wide initiatives that support growth, operational excellence, and value creation. The successful candidate...
Operations
Confidential
Philadelphia, PA
2 days ago
Vice President, Portfolio Optimization
...Vice President, Portfolio Optimization About the Company Successful middle-market private equity firm Industry Venture... ...context of post-MBA experience, and a history of involvement in operations. Experience in AI transformation is also a key consideration...
Operations
Confidential
Philadelphia, PA
2 days ago
Vice President, Finance Operations
...Vice President, Finance Operations About the Company Fast-growth food-tech business Industry Food & Beverages Type Privately Held About the Role The Vice President, Finance Operations will be responsible for executing the long-term...
Operations
Confidential
Philadelphia, PA
3 days ago
Vice President, Medical
...workforce committed to success. Position Summary: The Vice President, Medical will serve as a key leader in shaping and executing... ...prompt, facilitative, and high value collaboration with Clinical Operations and the cross-functional study teams; In coordination...
Operations
For contractors
Local area
Flexible hours
Larimar Therapeutics
Philadelphia, PA
5 days ago
Vice President of Regulatory Affairs
...Vice President of Regulatory Affairs About the Company A pioneering medical device company developing first-in-class technologies... ...development of mitigation strategies to ensure successful product approvals and timelines. Functions ~ Operations...
Operations
Confidential
Philadelphia, PA
2 days ago
Vice President of Customer Operations
...Vice President of Customer Operations About the Company Esteemed dental benefits delivery system Industry Insurance Type Non Profit Founded 1955 Employees 1001-5000 Categories Insurance Biotech Clinics Healthcare...
Operations
Confidential
Philadelphia, PA
2 days ago
Vice President of Accounting & Financial Reporting
...Vice President of Accounting & Financial Reporting About the Company A growing infrastructure-focused organization with complex... ...GAAP financial statements, overseeing multi-entity accounting operations, and leading annual audits. This role requires a hands-on approach...
Operations
Confidential
Philadelphia, PA
7 hours ago
Vice President, Chief Nursing Officer
...Vice President/Chief Nursing Officer (VP/CNO) Jefferson Abington/Lansdale is seeking a highly experienced, quality focused, contemporary... ...strategic planning process, development of the hospital's operating plan focused on quality and safety, patient and family experience...
Operations
Shift work
Jefferson
Abington, PA
4 days ago
Vice President of Accounting
...Vice President of Accounting About the Company Innovative SaaS platform specializing in tax collection, electronic payment processing... ...pivotal in leading the company's accounting, reporting, and operating discipline, ensuring disciplined accounting, accurate...
Operations
Confidential
Philadelphia, PA
3 days ago
Vice President, Licensure, Accreditation & Enrollment
...Vice President, Licensure, Accreditation & Enrollment About the Company Premier provider of customized wheelchairs & Complex Rehab... ...regulatory control environment across its multi-state operations. The successful candidate will be responsible for developing...
Operations
Confidential
Philadelphia, PA
4 days ago
Vice President of Operations
...full, self-directed life surrounded by community, purpose, and possibility. We are seeking a visionary and compassionate Vice President of Operations to lead with purpose, heart, and innovation. In this key leadership role, you will oversee and elevate the delivery of...
Operations
KenCrest
Blue Bell, PA
7 hours ago

Do you want to receive more vacancies?

Subscribe and receive similar vacancies to Vice President, Credit Operations. Be the first to apply!