Contract Administration – Paralegal at WSFS Bank in Newark, DE

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 Cash Connect Paralegal and Contract Administrator supports the legal and operational functions for the Cash Connect division, with a focus on financial services, cash logistics and armored carrier operations. This role ensures the accuracy and compliance of contracts, supports legal documentation and research, and helps mitigate risk across the business. The position requires strong attention to detail, legal acumen, and the ability to work cross-functionally in a fast-paced, security-sensitive environment. The Cash Connect Paralegal will be responsible for drafting, reviewing and negotiating a wide range of contracts and legal documents.

Job Responsibilities:

• Draft, review, and manage contracts including service agreements, NDAs, vendor contracts, and armored transport agreements.
• Draft, revise and negotiate contracts including service agreements, vendor contracts, NDAs, and amendments
• Ensure contracts comply with applicable laws, industry regulations and internal policies and collaborate with internal departments (TPRM, Legal, Operations, Risk, Finance) to ensure contract terms align with business and security requirements.
• Collaborate with internal stakeholders to align contract terms with operational and strategic goals.
• Maintain a centralized contract repository and track key dates (renewals, expirations, compliance deadlines).
• Monitor, maintain and support vendor and clients records including renewals, expirations, insurance requirements, compliance obligations, insurance and risk assessments.
• Serve as the primary legal contact for internal and external counsel and counterparties during contract negotiations.
• Communicate legal positions clearly and professionally in verbal discussions and meetings
• Facilitate resolving contract disputes with support from internal business lines and clarify legal language to protect division and Bank’s interests.
• Conduct legal research on banking, transportation, and regulatory matters.
• Assist in preparing legal documents, filings, and correspondence with financial institutions and government agencies.
• Assist in supporting any litigation and claims management, including incident documentation and coordination with internal and external counsel.
• Maintain confidentiality and handle sensitive legal and operational information with discretion.
• Monitor changes in relevant laws and regulations (OCC, FDIC, Federal Reserve), and assist in updating internal division policies and procedures.
• Assist in implementing division policy updates and ensuring contract templates are periodically reviewed in conjunction with business and counsel to reflect current legal standards.
• Support internal audits and compliance reviews related to contracts and legal obligations.
• Assist in vendor risk assessments and ensure contractual obligations are met.
• Provide guidance to division on contract interpretation and risk exposure.
• Organize and maintain legal files and records.
• Coordinate communication across division with internal and external partners.
• Assist with onboarding and training related to contract processes and compliance.

Minimum Qualifications:

• Bachelor’s degree in Legal Studies, Business Administration, or related field.
• Paralegal certification required.
• 3+ years in legal or contract administration, preferably in financial services or armored carrier operations and cash logistics.
• Experience working with vendor risk frameworks.
• Ability to manage multiple priorities and meet deadlines in a high-security environment.
• Management experience will be managing a staff of 2
• Must have proven ability to quickly learn new areas, as well as solid understanding of all major parts of the business.
• Strong understanding of contract law, banking regulations, and transportation compliance.
• Proficiency in Microsoft Office and contract management systems.
• Excellent organizational and analytical skills.
• Must have strong verbal communication skills to engage with clients and their counsel, resolve disputes, and represent the company’s interests in contractual matters.

Salary Range: $53,744.00 - $88,290.50

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 careers@wsfsbank.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.