Assistant Vice President, Portfolio Manager- Lender Finance

Western Alliance Bank; Los Angeles (CA); On-site; USD 107,395 - 132,661; Full time

Benefits offered by this job

Competitive salary

Ownership stake in the company

Medical and dental insurance

Time off

401k matching program

Tuition assistance program

Employee volunteer program

Wellness program

Job summary

Western Alliance Bank in Los Angeles, CA, is seeking an Assistant Vice President, Portfolio Manager - Lender Finance to analyze, structure, underwrite, and close major loans in line with lending policies. You will collaborate with the Commercial Banker to monitor credit risk and help achieve branch goals.

The role requires 2+ years in portfolio management, a Bachelor’s degree, and knowledge of banking operations and compliance.

Qualifications

• 2+ years of related experience in Portfolio Management or similar field.
• Intermediate speaking and writing communication skills.

Responsibilities

• Interface with clients in-person, over the phone and email 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.

Skills

Portfolio management

Communication skills

Education

Bachelor’s degree or equivalent experience

Job description

Job Title

Assistant Vice President, Portfolio Manager- Lender Finance

Location

CA - Los Angeles, La Playa

What You’ll Do

As Assistant Vice President, Portfolio Manager - Lender Finance 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 I - 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.

• Interface with clients in-person, over the phone and email 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

• 2+ years of related experience in Portfolio Management or similar field.
• Bachelor’s degree or equivalent experience required.
• Entry level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Entry level to intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Entry level to intermediate knowledge of commercial credit and loan structuring, and pricing dynamics. Credit analyst training completed.
• Intermediate speaking and writing communication skills.

Compensation

Salary range for new hires is generally $107,395.00 - $132,661.00 for Los Angeles, CA. Salary range for new hires is generally $107,395.00 - $132,661.00 for San Diego, CA. Salary range for new hires is generally $115,435.00 - $142,595.00 for New York, NY. 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 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.

Equal Employment Opportunity

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