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AVP - Commercial Underwriting II - 10K Sign On Bonus

Company: Western Alliance Bank
Location: San Diego
Posted on: September 24, 2022

Job Description:

Job Title: AVP - Commercial Underwriting II - 10K Sign On Bonus Location: Carmel Valley What you'll do: The Middle Market Loan Underwriting Officer is responsible for underwriting difficult 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. The analyst reviews 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. What we are looking for: Performs 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.
Gathers and analyzes 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; negotiates loan terms and conditions; refers and recommends acceptance to Credit Administration.
Ensures that credit inquires and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved.
Performs financial statement spreading and analyses for individuals and various types of businesses.
Renders assistance to lending officers on credit matters and loan structures.
Ongoing active participation in formal and informal training is essential to this role. The individual is expected to continue to build upon credit analysis skills and act as a mentor to more junior team members.
Reinforces the application of superior customer service through his or her own example along with appropriate follow through with involved customers and employees.
Develops and maintains knowledge of financial industry, economy, market conditions, rates, vendors and competition.
Cross-sells the Bank's other products and services, referring customers to appropriate staff as indicated.
Updates and corresponds with legal counsel and collectors on workouts, bankruptcies, and charge-offs to ensure all possible precautionary actions or measures are taken.
Understands business implications of decisions; displays orientation to profitability, demonstrates knowledge of market and competition; aligns work with strategic goals. Qualifications: Bachelor's degree (BA) or equivalent from a four (4) year college or university and five (5) or more years related experience and/or training; or the equivalent combination of education and experience. Work related experience should consist of a financial analyzing or lending background. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related. Intermediate experience, knowledge and training in financial statement and tax return analysis typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas.
Intermediate experience, knowledge and training in all lending activities and terminology.
Intermediate knowledge of commercial, construction, real estate and consumer loan processing.
Intermediate to advanced knowledge of related state and federal lending and compliance regulations, and other Bank lending policies.
Ability to develop marketing and business development skills with customers.
Proficiency in personal computer including mainframe computer, word processing and spreadsheet software (i.e., Microsoft Word, Excel, etc.).
Intermediate to advanced math skills.
Excellent oral, written and interpersonal communication skills.
Current state driver's license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities. #LI-JG1 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 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

Keywords: Western Alliance Bank, San Diego , AVP - Commercial Underwriting II - 10K Sign On Bonus, Other , San Diego, California

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