Assistant Vice President, Commercial Underwriter

Western Alliance Bank; Phoenix (AZ); On-site; USD 85,000 - 110,000; Full time

Job summary

Western Alliance Bank in Phoenix seeks an Assistant Vice President, Commercial Underwriter to underwrite routine loan requests and renewals for working capital lines, CREF, term loans and other lending products. You will review structures, collaterals and market data, and prepare internal memos and presentations for Credit Administration.

You may mentor junior analysts, conduct financial analyses, and engage with customers or sites as needed to assess risk and terms.

Qualifications

• 2+ years of related experience.
• Bachelor's degree or equivalent experience required.
• Intermediate knowledge of general banking operations, including deposits, loan administration, treasury management and related services.
• Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Intermediate speaking and writing communication skills.

Responsibilities

• Underwrite routine loan requests and renewals for working capital lines of credit, commercial real estate loans, term loans, and other lending products.
• Review loan structure, financial spreads, entity structures, collateral, market data and reports to assess risks; prepare memos and presentations for Credit Administration.
• Mentor junior analysts in financial analysis, loan structure, covenants and mitigating factors.
• May meet with existing or potential customers; visit loan sites; negotiate terms and present financing requests to senior management or Loan Committee.

Skills

Credit analysis

Communication skills

Financial analysis

Education

Bachelor's degree or equivalent experience

Job description

Job Title

Assistant Vice President, Commercial Underwriter

Job Title

Assistant Vice President, Commercial Underwriter

Location:

Biltmore

What You'll Do

As a Assistant Vice President, Commercial Underwriter- Note Finance you'll be responsible for underwriting routine 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. You'll build internal relationships by working with lending officers on credit matters and loans involving unusual situations or requiring close scrutiny. One of your key responsibilities is to review the loan structure, financial spreads, entity structures, collateral, market data and reports to understand inherent risks and prepare a recommendation to Credit Administration in the form of opportunity memos, loan presentations, administrative action memos, and annual reviews. May 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.
  
  

What You'll Need

• 2+ years of related experience.
• Bachelor's degree or equivalent experience required.
• Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Intermediate speaking and writing communication skills.
  
  

Benefits You’ll Love

We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About The Company

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email [e-mail] or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

© Western Alliance Bancorporation