Assistant Vice President, Commercial Underwriting
Western Alliance Bank
full-time
Posted on:
Location Type: Office
Location: San Diego • California • United States
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Salary
💰 $107,395 - $125,000 per year
Job Level
About the role
- Responsible for underwriting difficult loan requests and renewals for working capital lines of credit, commercial real estate loans, term loans, formula based lines of credit, traditional asset based lines of credit and other Bank lending products
- Build internal relationships by working with lending officers on credit matters and loans involving unusual situations or requiring close scrutiny
- Review loan structure, financial spreads, entity structures, collateral, market data and reports to understand inherent risks and prepare a recommendation to Credit Administration
- Mentor junior analysts in financial analysis, loan structure, appropriate covenant conditions and identifying risks and tangible mitigating factors to credit risk
- Perform special financial statement analyses, typically involving complex and interlocking relationships
- Provide credit information and references for customers, loan officers, or other agencies as requested
- Perform pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends
- Gather and analyze all information necessary to present a financing request to senior management or Loan Committee for approval; may meet with existing or potential customers; visiting sites of loans; negotiate loan terms and conditions; refer and recommend acceptance to Credit Administration
Requirements
- 4+ years of related experience
- Bachelor's degree or equivalent experience required
- Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services
- Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices
- Intermediate speaking and writing communication skills
Benefits
- Competitive salaries
- Ownership stake in the company
- Medical and dental insurance
- Time off
- Great 401k matching program
- Tuition assistance program
- Employee volunteer program
- Wellness program
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
financial analysisloan structurecredit risk assessmentfinancial statement analysisrisk mitigationcredit underwritingmarket data analysiscovenant conditionspre-qualification assessmentnegotiation
Soft Skills
mentoringcommunicationrelationship buildinganalytical thinkingproblem solving