Vice President, Business Banking
Western Alliance Bank · Reno, NV · 1 wk ago
Finance$116k–$143k/yrFull-time
What You'll Do
- Identify a target market for new business and subsequently develop and establish a book of new business from those relationships.
- Negotiate, underwrite, and coordinate the closing of a variety of major and complex loans in compliance with the Bank's lending policies and procedures.
- Develop business checking and deposit relationships with customers.
- Assist clients with deposit related products and services, as well as 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 needs of target market.
- Engage in business development activities and solicitation of new business based on the target market.
- Collaborate closely with treasury partner 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 data base including calls and results on all new business relationships. Make reports to superiors as required.
- Interview prospective applicants and requests specified information related to loan or credit application; correspond or re-interview applicants to resolve questions regarding application information.
- Perform basic 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.
- 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.
- Coordinate processing of approved loans; ensure loans are processed according to agreement, customer needs and conform to 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.
What You'll Need
- 7+ years of related experience.
- Bachelor's degree or equivalent experience required.
- 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.
- Advanced knowledge in all facets of relationship management.
- Advanced organizational and time management skills.
- Advanced speaking and writing communication skills.
- May require up to 50% travel.
Compensation
Salary range for new hires is generally $115,915.00 - $143,185.00 for Reno, NV. 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