Assistant Vice President, â¯Commercial Underwriting
Assistant Vice President, â¯Commercial Underwriting
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Job Description
Job Title:
Assistant Vice President Commercial UnderwritingLocation:
BiltmoreWhat youll do:
The position of Underwriter is primarily responsible for the pre-qualification assessment and analysis of the financial condition and risk of financing requests within the framework of Bank credit culture and current economic and industry trends. Underwriters present analysis verbally and through various credit documents such as loan presentations and administrative action memos. Underwriters assist lending officers on credit matters. The position may also participate in developing credit studies for the Loan Officers Chief Credit Officer and other Executive Management as well as perform special financial statement analyses.- Gathers and analyzes all information necessary to present a financing request to senior management or Loan Committee for approval.
- Spreads financial statements and tax returns into appropriate analysis software.
- Reviews and researches proposed collateral including review of real property appraisals UCC-1 filings etc.
- Summarizes credit analysis in loan presentations and other credit documents.
- Prepares other reports as required by Credit Administration.
- Provides loan account ratings based on Bank policy and grading procedures.
- Develops and maintains knowledge of financial industry economy market conditions rates vendors and competition.
- Understands business implications of decisions displays orientation to profitability demonstrates knowledge of market and competition and aligns work with strategic goals
- Assures compliance with all Bank policies and procedures as well as all applicable state and federal banking regulations.
- Consistently applies good decision making techniques pertaining to inquiries approvals and requests as they apply to existing policies and procedures
- Maintains strict confidentiality of all records and data received and produced
- Follows policies and procedures completes administrative tasks correctly and on time supports the Banks goals and values benefits the bank through outside activities
- Continues formal and informal training to build upon credit analysis skills.
- Assists loan officers and relationship managers with proper credit structure and other credit matters.
- Estimates collateral values through research into collateral offered including review of comparable real estate sales and net operating income capitalization.
What youll need:
- 2 years of related experience.
- Bachelors degree or equivalent experience required.
- Intermediate knowledge of general banking operations including deposit operations loan administration treasury management and/or other commercial banking products and services.
- Intermediate knowledge of applicable regulatory and legal compliance obligations rules and regulations industry standards and practices.
- Intermediate speaking and writing communication skills.
Benefits youll love:
We offer all the important things youd want like 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 and a wellness program. In addition youll have the 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!
About the company:
Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona Alliance Association Bank Bank of Nevada Bridge Bank First Independent Bank and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is 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 or call . 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.
Western Alliance Bancorporation
Required Experience:
Chief
Employment Type
Full-Time
