Assistant Vice President, Portfolio Manager- Lender Finance
What You'll Do
As Assistant Vice President, Portfolio Manager - Lender Finance, you'll be responsible for:
- Analyzing, structuring, underwriting, and coordinating the closing of major and complex loans in compliance with the Bank's lending policies and procedures.
- Working with the Vice President, Commercial Banker to manage loans and ensure credit risks are responsibly monitored and identified.
- Aiding in achieving established Bank, region, and branch goals through active participation in underwriting and closing desirable credits with the Vice President, Commercial Banker.
- Assuring compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.
- Interacting with clients in-person, over the phone, and email to assess their credit needs and determine the best structure and items needed for analysis.
- Gathering and analyzing necessary information to present along with the Relationship Manager, a financing request to senior management or Loan Committee for approval.
- Coordinating the processing of approved loans; ensuring loans are processed according to agreement, customer needs, and conform to Bank lending policies; obtaining sufficient information and/or documentation from customers; assisting in solving problems relative to processing and servicing of loans within the Relationship Managers' portfolio.
- Ensuring superior customer service through your own example and appropriate follow-through with involved customers and employees.
- Handling various other underwriting, portfolio management, and upkeep tasks and responsibilities related to new loan requests and/or the existing Relationship Managers' portfolio.
What You'll Need
- 2+ years of related experience in Portfolio Management or similar field.
- Bachelor's degree or equivalent experience required.
- Entry-level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management, and/or other commercial banking products and services.
- Entry-level to intermediate knowledge of applicable regulatory and legal compliance obligations, rules, and regulations, industry standards, and practices.
- Entry-level to intermediate knowledge of commercial credit and loan structuring, and pricing dynamics.
- Credit analyst training completed.
- Intermediate speaking and writing communication skills.
Compensation
The salary range for new hires is generally $107,395.00 - $132,661.00 for Los Angeles, CA. The salary range for new hires is generally $107,395.00 - $132,661.00 for San Diego, CA. The salary range for new hires is generally $115,435.00 - $142,595.00 for New York, NY. 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
- Competitive salaries
- An ownership stake in the company
- Medical and dental insurance
- Time off
- A great 401(k) matching program
- Tuition assistance program
- An employee volunteer program
- A wellness program
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 HR@westernalliancebank.com 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.