Make the pudding base

• Whisk the instant vanilla pudding mix with the cold milk until it thickens.
• Beat in the sweetened condensed milk, softened cream cheese and vanilla extract until smooth.

Fold in the whipped topping

• Gently fold the whipped topping into the pudding mixture until light and fluffy.

Layer the pudding

• Spread a layer of vanilla wafers in the bottom of the dish.
• Top with a layer of sliced bananas, then a layer of pudding.
• Repeat the layers, finishing with pudding on top.

Chill and serve

• Cover and refrigerate until cold and set.
• Crumble a few vanilla wafers over the top before serving.