Credit Analyst - Innovation Banking

westernalliancebank; Austin (TX); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical and dental insurance

401k matching program

Tuition assistance program

Employee volunteer program

Wellness program

Ownership stake in the company

Job summary

Western Alliance Bank is seeking a Credit Analyst for Innovation Banking in Austin, TX. This role focuses on spreading, analyzing and maintaining financial background information on customers, and developing credit studies for loan decisions.

You will manage spread assignments, perform financial analyses, prepare in-depth reports, and support cross-functional teams in treasury management, FX, derivatives and loan packaging. A career-building opportunity with strong growth potential.

Qualifications

• Completion of an Accounting course.
• Bachelor's degree or equivalent experience required.
• GPA of 3.0 or higher is required.
• Strong analytical, conceptual, communication, leadership, and organizational skills.
• An interest in working in Commercial Banking.
• Ability to self-motivate and work productively without supervision.
• Entry level speaking and writing communications skills.

Responsibilities

• Spread, manage and maintain financial background information on customers and develop credit studies for loan decisions.
• Manage spread assignments, conduct financial analyses, and maintain related records and files.
• Prepare a variety of credit department reports.
• Support the Credit Administration team in analyzing credit and collateral information to determine risk.
• Collect, organize and analyze company financials for Bank compliance and update systems.
• Work with clients to resolve compliance issues and operational inquiries.
• Review client financials and perform sensitivity analysis to evaluate credit risk.
• Prepare in-depth reports with action plans based on qualitative and quantitative research.
• Collaborate with Bank groups to execute treasury management products and derivatives.
• Produce loan packages for new and restructured loans.
• Coordinate reporting with third parties (auditors, appraisers).
• Monitor loan disbursements to ensure regulatory compliance.

Skills

Analytical skills

Communication

Leadership

Organizational skills

Education

Bachelor's degree

Accounting coursework

Tools

Financial analysis

Job description

Credit Analyst - Innovation Banking

Location: Austin, TX

What you'll do:

• As a Credit Analyst you'll be primarily responsible to spread, manage and maintain financial background information on present and prospective customers, and develop credit studies for the Loan Officers, Chief Credit Officer and other Executive Management.
• You'll manage spread assignments, conduct financial analyses, and maintain related records and files.
• One of your key responsibilities is the preparation of a variety of credit department reports.
• Responsible for supporting the Credit Administration team in analyzing credit and collateral information to determine risk involved in lending money to customers.
• Collecting, organizing, analyzing company financials to ensure Bank compliance, and updates the Bank's systems accordingly.
• Work directly with clients to resolve compliance issues and operational inquiries.
• Review client financials and perform sensitivity analysis to evaluate credit risk in connection with Bank structures.
• Prepare in-depth reports providing plans of action based on qualitative and quantitative research.
• Collaborate cross-functionally with Bank groups to execute treasury management products, foreign exchange instruments, derivatives as well as legal documents.
• Produce loan packages for new and restructured loans.
• Facilitate reporting and requests on behalf of the Bank with third parties, e.g. field auditors, appraisers, etc.
• Monitor loan disbursements to ensure compliance with Bank regulations.

What you'll need:

• Completion of an Accounting course.
• Bachelor's degree or equivalent experience required.
• GPA of 3.0 or higher is required.
• Strong analytical, conceptual, communication, leadership, and organizational skills.
• An interest in working in Commercial Banking.
• Ability to self-motivate and work productively without supervision.
• Entry level speaking and writing communications 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.