CLO Relationship Manager

Job Description

At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service® is more than part of our name, it’s our mission and our purpose.

The CLO Relationship Manager will be responsible for administering a complex book of existing accounts, onboarding of new accounts functions while ensuring compliance with all Bank and Corporate Trust policies and procedures.  The Relationship Manager is expected to be a subject matter expert for a variety of processes, products and services.  Some of the responsibilities include closing new transactions, managing complex accounts, client interface, and overseeing debt service payments, reporting, waterfalls and compliance collection. The incumbent will work closely with other Relationship Manager’s, analysts, administrators, support areas, and external clients.

Job Responsibilities:

• Work with CLO analysts and CLO operations to ensure the collection of payments, investor waterfall distributions, hypothetical trade testing, monthly and quarterly reconciliations, and various reporting requirements.
• Daily administration of a book of complex accounts.
• Follow all Bank and Department policies and procedures.
• Timely responses to internal and external inquiries.
• Maintain client relationships.
• Onboarding of new transactions.
• Working knowledge of accounts and governing documents.   
• Liaise with operations, compliance, managers, investors, underwriters, auditors, CLO managers, management and vendors.

Minimum Qualifications:

• Bachelor degree preferably in finance or accounting.
• Minimum of 5 + years of corporate trust or financial services experience preferably at CLO Manager, CLO Trustee or Loan Agent.
• Must have experience reviewing, commenting on and interpreting complex legal documents.
• Must have experience with Solvas/CDO Suite and SEI.
• Must have advanced Microsoft Excel and Access skills.
• Must have strong written and oral communication skills.
• Must have general knowledge of regulatory rules that apply to communication with customers.
• Must have strong analytical skills with the ability to organize workflow and high attention to detail.
• Must have the ability to work independently, as a part of a team and to exercise sound judgment.
• Must have the ability to write reports, memorandums, business correspondence and draft procedure manuals.
• Must have the ability to effectively present information and respond to questions from managers, investors, underwriters, auditors, CLO managers, and others clearly and concisely.

Salary Range:

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

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.