Vice President, Commercial Underwriting

Western Alliance Bancorporation; Carthage (MO); On-site; USD 108,000 - 133,000; Full time

Job summary

A leading company is seeking a Vice President, Commercial Underwriter to manage complex loan underwriting and build relationships with lending officers. The role involves analyzing financial statements, assessing risks, and preparing recommendations for credit administration. Candidates should have extensive experience in banking operations and strong communication skills.

Benefits

Medical and Dental Insurance

401k Matching Program

Tuition Assistance Program

Employee Volunteer Program

Wellness Program

Qualifications

• 6+ years of related experience required.
• Advanced knowledge of banking operations and compliance.

Responsibilities

• Underwrite complex loan requests and renewals.
• Review loan structures and prepare recommendations.
• Mentor junior analysts in financial analysis.

Skills

Communication

Financial Analysis

Regulatory Compliance

Education

Bachelor's degree

Job description

As a Vice President, Commercial Underwriter, 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 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 $108,000.00 - $132,658.00 for Las Vegas, NV. 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 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 [emailprotected] 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

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