Senior Director, Innovation Banking
Western Alliance Bank · Beverly Hills, CA · 3 days ago
Marketing$223k–$289k/yrFull-time
What You'll Do
- Serve in a senior-level leadership position responsible for executing the division's strategic plan and guiding your team in its efforts to meet the Bank's annual growth and customer retention targets.
- Lead a group of Commercial Bankers, Business Development Officers, and Portfolio Management staff to expand our market share, grow the portfolio, and deepen the relationship with our customers.
- Lead the growth and development of the team's general portfolio of the Private Banking team, as part of the greater Regional Banking business line.
- Spend a significant portion of your time working your own network and top-tier customers in the portfolio, while devoting much of your time to supporting your team in credit structuring discussions, portfolio health management, and market dynamics responsiveness.
- Support the Division CEO in executing the Bank's strategic plan, with specific focus on leading the efforts to grow the loan and deposit portfolio of the assigned region or business line.
- Be measured on your team's success in meeting sales objectives, portfolio health, and management of market dynamics.
- Execute the tactical strategy outlined by the Division CEO regarding transaction pitches and negotiation of term sheets.
- Guide the credit structuring development process, customer assessment, and presentation to senior and divisional loan committees.
- Manage portfolio health and lead the team's efforts to pro-actively address deteriorating loan performance, mitigating risk from market developments, complications in service delivery, and product adoption.
- Foster strong, healthy working relationships with executive and senior leaders in partner departments (including Credit Administration, Risk Management/Compliance, Loan Administration, and other internal support departments, and third-party services), and facilitate team's contribution to and compliance with technical processes and requirements, risk mitigation, efficiency, and customer service.
- Lead and develop a team; responsible for hiring, coaching, performance management, training and development.
What You'll Need
- 9+ years of related experience or similar field.
- Bachelor's degree or equivalent experience required.
- Advanced to expert knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
- Advanced to expert knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Advanced knowledge of commercial credit and loan structuring, pricing dynamics and has market specific awareness.
- Advanced speaking and writing communication skills.
- May require up to 50% travel.
Compensation
Salary range for new hires is generally $223,000.00 - $289,185.00 for Beverly Hills, 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
- 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
- A wellness program
- 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