Vice President, Commercial Underwriter- CRE & C&I

Western Alliance Bank; San Jose (CA); On-site; USD 130,000 - 161,000; Full time

Benefits offered by this job

Ownership stake

401k matching program

Medical and dental insurance

Tuition assistance program

Employee volunteer program

Wellness program

Job summary

Western Alliance Bank in San Jose seeks a Vice President, Commercial Underwriter III for CRE & C&I to underwrite complex loan requests and renewals, collaborating with lending officers on credit matters.

You will review loan structures, spreads, collateral, and market data to prepare recommendations for Credit Administration, and may mentor junior analysts. Strong analytical and communication skills are essential, with deep regulatory knowledge.

Qualifications

• 6+ years of related experience.
• Bachelor's degree or equivalent.
• Advanced experience underwriting for commercial industries, owner-occupied and investor CRE
• Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Advanced speaking and writing communication skills.

Responsibilities

• Underwrite complex loan requests and renewals for working capital lines of credit, CRE loans, term loans and other lending products.
• Build internal relationships by working with lending officers on credit matters and loans with unusual situations.
• Review loan structures, financial spreads, entity structures, collateral, market data and reports to assess risk and prepare recommendations for Credit Administration.
• May mentor junior analysts in financial analysis, loan structure, covenants and risk mitigation.

Skills

Commercial underwriting

Credit analysis

CRE underwriting

Regulatory compliance

Financial statement analysis

Verbal & written communication

Mentoring juniors

Education

Bachelor's degree or equivalent

Job description

Job Title

Vice President, Commercial Underwriter- CRE & C&I

Location

San Jose

What You'll Do

As a Commercial Underwriter III - Commercial you'll be responsible for underwriting complex 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'll 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 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. May mentor junior analysts in financial analysis, loan structure, appropriate covenant conditions and identifying risks and tangible mitigating factors to credit risk.

• 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; visiting sites of loans; negotiate loan terms and conditions; refer and recommend acceptance to Credit Administration.

What You'll Need

• 6+ years of related experience.
• Bachelor's degree or equivalent experience required.
• Advanced experience underwriting for commercial industries, owner- occupied and investor CRE
• Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Advanced speaking and writing communication skills.

Compensation: Salary range for new hires is generally $129,995.00 - $160,581.00 for San Jose, CA. Salary range for new hires is generally $129,995.00 - $160,581.00 for San Francisco, CA. Salary range for new hires is generally $129,995.00 - $160,581.00 for Oakland, 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 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.

© Western Alliance Bancorporation