Senior Vice President- Commercial Banking
Western Alliance Bank · San Diego, CA · 3 wk ago
Finance$169k–$209k/yrFull-time
About the role
Western Alliance Bank, Member FDIC, is seeking a Senior Vice President- Commercial Banking to join our team.
Responsibilities
- Identify and develop a target market for new business opportunities
- Negotiate, underwrite, and close a variety of major and complex loans in compliance with Bank policies and procedures
- Develop and maintain business checking and deposit relationships with customers
- Assist clients with deposit-related products and services
- Gather and analyze client information to recommend appropriate deposit product solutions
- Compile and analyze market research data to develop recommendations regarding products and services focused on the needs of the target market
- Engage in business development activities and solicit new business based on the target market
- Collaborate with treasury partners to ensure seamless client experiences
- Call and visit target customers to promote and sell Bank products and services to establish a new book of business
- Develop and maintain customer databases including calls and results on all new business relationships
- Make reports to superiors as required
- Interview prospective applicants and request specified information related to loan or credit applications; correspond or re-interview applicants to resolve questions regarding application information
- Perform basic pre-qualification assessments and analyses of financial conditions and risks of financing requests within the framework of the Bank's credit culture and current economic and industry trends
- Gather all information necessary to present a financing request to senior management or Loan Committee for approval; meet with new/potential customers; visit sites of loans; negotiate loan terms and conditions; refer and recommend acceptance to the Chief Credit Officer or Loan Committee
- Care for loans according to agreements, customer needs, and Bank lending policies; obtain sufficient information and/or documentation from customers; solve problems relative to processing and servicing of loans within the Relationship Manager's portfolio
- Maintain a superior knowledge of financial industry status and trends
- Recommend to senior management those products and services experiencing less than satisfactory performance
- Represent the Bank in various community, civic, and community reinvestment functions to further enhance the Bank’s image and develop additional business; assist the Bank in establishing and maintaining market position in the financing arena
Requirements
- 8+ 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 organizational and time management skills
- Advanced speaking and writing communication skills
- May require up to 50% travel
Qualifications
- Advanced knowledge in all facets of relationship management
Skills
- Strong negotiation and sales skills
- Excellent communication and interpersonal skills
- Ability to work independently and as part of a team
- Proficiency in Microsoft Office Suite
Benefits
- Competitive salary range of $169,410.00 - $209,270.00 for San Diego, CA and $169,410.00 - $209,270.00 for Costa Mesa, CA
- Annual bonus/incentives earned
- Restricted stock
- Medical and dental insurance
- Time off
- A great 401k matching program
- Tuition assistance program
- An employee volunteer program
- A wellness program
Pay
Salary range for new hires is generally $169,410.00 - $209,270.00 for San Diego, CA. Salary range for new hires is generally $169,410.00 - $209,270.00 for Costa Mesa, CA. Salary amount is determined by specific job location.
Schedule
The role may be eligible for up to 50% travel.