Assistant Vice President, Portfolio Management - Structured Finance

Western Alliance Bancorporation; Boston (MA); On-site; USD 90,000 - 120,000; Full time

Job summary

A financial institution in Boston is looking for an Assistant Vice President, Portfolio Management to analyze and structure complex loans. You'll collaborate with clients and internal teams to ensure compliance and effective loan management. The ideal candidate has over 4 years of experience and a relevant degree. This position offers competitive benefits and opportunities for professional growth.

Benefits

Competitive salaries

Medical and dental insurance

401k matching program

Tuition assistance

Employee volunteer program

Wellness program

Qualifications

• 4+ years of related experience in Portfolio Management or similar field.
• Intermediate knowledge of general banking operations and commercial credit.
• Good speaking and writing communication skills.

Responsibilities

• Analyze, structure, and underwrite major loans.
• Coordinate the closing of loans in compliance with bank policies.
• Interface with clients to assess credit needs.

Skills

Portfolio Management

Client Communication

Loan Structuring

Credit Analysis

Education

Bachelor's degree or equivalent experience

Job description

Job Title: Assistant Vice President, Portfolio Management - Structured Finance

Location: Boston

What you'll do: As Portfolio Manager II you'll be responsible for analyzing, structuring, underwriting, and coordinating the closing of major and complex loans in compliance with the Bank's lending policies and procedures. The Portfolio Manager will work with the Vice President, Commercial Banker to manage loans to ensure the credit risks are responsibly monitored and identified. You'll assist in attaining established Bank, region, and branch goals through active participation in underwriting and closing desirable credits with the Vice President, Commercial Banker. As a Portfolio Manager II - Mid Market you'll be responsible for assuring compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.

• Along with the Vice President, Commercial Banker interface with clients in-person, over the phone and email in order to assess their credit needs and determine the best structure and items needed for analysis.
• Gather and analyze necessary information to present along with the Relationship Manager, a financing request to senior management or Loan Committee for approval.
• Coordinate processing of approved loans; ensure loans are processed according to agreement, customer needs and conform to Bank lending policies; obtain sufficient information and/or documentation from customers; assist in solving problems relative to processing and servicing of loans within the Relationship Managers portfolio.
• Reinforce superior customer service through your own example along with appropriate follow-through with involved customers and employees.
• Handle various other underwriting, portfolio management and upkeep tasks and responsibilities related to new loan requests and/or the existing Relationship Managers portfolio.

What you'll need:

• 4+ years of related experience in Portfolio Management or similar field.
• 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 knowledge of commercial credit and loan structuring, and pricing dynamics. Credit analyst training completed.
• 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 is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is 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.