Assistant Vice President, Commercial Underwriting - SBA

Western Alliance Bank; Phoenix (AZ); On-site; USD 100,370 - 123,983; Full time

Benefits offered by this job

Salary plus bonus

Medical and dental insurance

401(k) matching

Tuition assistance

Employee volunteer program

Wellness program

Job summary

Western Alliance Bank in CityScape is seeking an Assistant Vice President, Commercial Underwriting - SBA to underwrite complex SBA loan requests for working capital, CRE, term loans, and other bank lending products. You will collaborate with lending officers and Credit Administration on credit matters and loans requiring close scrutiny.

You will mentor junior analysts in financial analysis, loan structure, covenants, and risk mitigation while reviewing SBA eligibility and presenting

Qualifications

• 4+ years of SBA experience or related underwriting experience.
• Bachelor's degree or equivalent experience.
• Intermediate to advanced knowledge of SBA SOPs.
• Knowledge of general banking operations and commercial banking products/services.

Responsibilities

• Perform SBA eligibility review.
• Perform special financial statement analyses for complex relationships.
• Provide credit information and references for customers, loan officers, or other agencies.
• Perform pre-qualification assessment and risk analysis of financing requests.
• Gather and analyze information to present financing requests to senior management or Loan Committee.

Skills

SBA underwriting

Credit analysis

Financial statement analysis

SBA SOPs knowledge

Education

Bachelor's degree or equivalent experience

Job description

Assistant Vice President, Commercial Underwriting - SBA

Location: CityScape

What You'll Do

As a SBA Commercial Underwriter II - Business Banking you will be 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. You will 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 for SBA eligibility, 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. You may also mentor junior analysts in financial analysis, loan structure, appropriate covenant conditions, and identifying risks and tangible mitigating factors to credit risk.

• Perform SBA eligibility review
• 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, visit sites of loans, negotiate loan terms and conditions, and recommend acceptance to Credit Administration.

What You'll Need

• 4+ years of related SBA experience.
• Bachelor's degree or equivalent experience required.
• Intermediate to advanced knowledge of SBA SOPs.
• Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management, and/or other commercial banking products and services.

Compensation: Salary range for new hires is generally $100,370.00 - $123,983.00 for San Diego, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.

Benefits You'll Love

We offer competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401(k) matching program, tuition assistance, an employee volunteer program, and a wellness program. In addition, you will have the opportunity to grow your career with hands‑on experience in how successful companies operate and manage their finances.

About The Company

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. The bank serves clients nationwide and includes six legacy bank brands—Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank—along with AmeriHome Mortgage.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, national origin, marital status, disability, protected veteran status, sexual orientation, gender identity, or genetic information. The company will provide reasonable accommodations for individuals with disabilities throughout the application process.