Vice President, Association Banking
Location: Remote, Illinois
Responsibilities
As a Vice President, Association Banking, you will focus on developing new business opportunities by offering the Bank’s industry-specific banking services and products to the Community Association Industry. The primary focus is to develop new business opportunities while servicing existing clients.
- Cold calling, establishing new business opportunities, and providing sales presentations
- Attending industry trade show events and marketing to prospects via phone, email, and in-person visits
- Following up with existing clients on customer service items and performing light administrative tasks
- Promoting and educating existing and prospective clients on the Bank’s products and services
- Traveling approximately 75% of the time, mostly throughout an assigned territory and surrounding areas, plus additional travel for annual conferences and mandatory training
- Supporting the director in meeting deposit and lending goals
- Growing existing client relationships and cross-selling products and services
- Identifying and cold-calling prospective clients to build a portfolio of management company deposits
- Attending industry events, including exhibiting at trade shows, attending luncheons, and being an active member of the local Community Association Institute (CAI) Chapter
- Attending association board meetings and national events/sales training
- Effectively communicating banking services via email, letters, demonstrations, presentations, and conversations
- Serving as liaison between the operations team and clients as needed
- Ensuring clients receive necessary service levels and troubleshooting issues or concerns
- Working closely with manager and periodically reviewing key performance indicators
- Preparing and submitting new client forms and updating existing client forms
- Participating in remote training and attending remote sales meetings
- Working efficiently from a home office and car, comfortable spending the majority of the week meeting with new and existing clients
- Managing marketing, entertainment, and advertising expenses within budget guidelines; running sales ads in trade publications
- Completing mailings and email campaigns
- Marketing and soliciting loans to community associations
- Collecting and submitting required underwriting material
Requirements
- 3+ years of related experience
- High school diploma required; Bachelor’s degree in a related field preferred
- Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management, and/or other commercial banking products and services
- Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards, and practices
- Intermediate speaking and writing communication skills
- May require up to 75% travel
Pay
Salary range for new hires is generally $129,995.00 – $160,581.00 for Illinois. Salary range for new hires is generally $129,995.00 – $160,581.00 for Minnesota. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.
Benefits
- Competitive salaries
- Ownership stake in the company
- Medical and dental insurance
- Time off
- 401(k) matching program
- Tuition assistance program
- Employee volunteer program
- Wellness program
- Opportunity to bolster business knowledge and gain hands-on experience in how successful companies operate and manage their finances
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.