Vice President, Commercial Banking

Western Alliance Bank; San Jose (CA); On-site; USD 159,250 - 185,000; Full time

Benefits offered by this job

Medical and dental insurance

401k matching

Tuition assistance

Wellness program

Job summary

Western Alliance Bank is seeking a Vice President for Commercial Banking located in San Jose, CA. The role involves identifying target markets, developing new business, and managing complex loans. Applicants should have over 7 years of experience and a Bachelor's degree along with strong skills in banking operations and relationship management.

This position offers a competitive salary range of $159,250 to $185,000, with up to 50% travel required and eligibility for annual bonuses and stock options.

Qualifications

• 7+ years of related experience.
• Advanced knowledge in banking operations and compliance.
• Up to 50% travel may be required.

Responsibilities

• Identify target market and develop a book of new business.
• Negotiate and coordinate the closing of complex loans.
• Compile market research data and develop recommendations.

Skills

Relationship management

Banking operations knowledge

Communication skills

Organizational skills

Education

Bachelor's degree or equivalent experience

Job description

Overview

Job Title: Vice President, Commercial Banking
Location: San Jose

What You’ll Do
As a Commercial Banker II you will identify a target market for new business and develop a book of new business from those relationships. Key responsibilities include negotiating, underwriting, and coordinating the closing of a variety of major and complex loans in compliance with the Bank’s lending policies and procedures; developing business checking and deposit relationships with customers. You will assist clients with deposit related products and services, and gather and analyze client information to recommend appropriate deposit product solutions.

Responsibilities

• Compile and analyze market research data to develop recommendations regarding products and services for the target market.
• Engage in business development activities and solicitation of new business based on the target market.
• Collaborate closely with treasury partner to ensure seamless client experiences.
• Call and visit target customers to promote and sell Bank products and services to establish a new book of business.
• Develop and maintain customer database including calls and results on all new business relationships; prepare reports as required.
• Interview prospective applicants and request information related to loan or credit applications; resolve questions regarding application information.
• Perform basic pre-qualification assessment and analysis of financial condition and risk of financing requests within the Bank’s credit culture and current trends.
• Gather information to present financing requests to senior management or Loan Committee; visit sites of loans; negotiate terms; refer and recommend acceptance to the Chief Credit Officer or Loan Committee.
• Coordinate processing of approved loans; ensure compliance with agreements and Bank lending policies; obtain and document information from customers; resolve processing and servicing issues within the Relationship Managermbers portfolio.
• Maintain knowledge of financial industry status and trends; recommend improvements for underperforming products or services.
• Represent the Bank in community and civic functions to enhance the Bank image and develop business; support market position in the financing arena.

Qualifications

• 7+ years of related experience.
• Bachelor's degree or equivalent experience.
• Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Advanced knowledge in all facets of relationship management.
• Advanced organizational and time management skills.
• Advanced speaking and writing communication skills.
• Up to 50% travel may be required.

Compensation

Salary range for new hires is generally $159,250.00 – $185,000.00 for San Jose, CA. Salary determined by location. Eligible for annual bonus/incentives and restricted stock where applicable.

Benefits You’ll Love

Competitive salaries, ownership stake in the company, medical and dental insurance, time off, 401k matching, tuition assistance, volunteer program, wellness program, and opportunities to grow business knowledge and hands-on experience.

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 and 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. Reasonable accommodations are available in the application process. Email [e-mail] or call 602-386-2488 for accessibility requests.

EEO and Accessibility

Western Alliance Bancorporation provides reasonable accommodations for individuals with disabilities during the application process.