Commercial Underwriter
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Job Location:
Phoenix, NM - USA
Monthly Salary:
Not Disclosed
Posted on:
18 hours ago
Vacancies:
1 Vacancy
Job Summary
Job Title:
Commercial UnderwriterLocation:
BiltmoreWhat youll do:
As a Commercial Underwriter I - Mid Market youll be responsible for underwriting new loan and renewal requests for mortgage warehousing mortgage servicing rights working capital lines of credit and other Bank lending products. Youll build internal relationships by working with lending officers directly on credit analysis and loans involving complex structures in a fast-paced environment. One of your key responsibilities is to review the loan structure financial spreads entity structures collateral market data and industry reports to understand inherent risks and prepare a recommendation to Credit Administration in the form of opportunity memos loan presentations administrative action memos and annual relationship reviews. The role also serves as a mentor for our junior credit analysts across financial analysis loan structure appropriate covenant conditions our internal systems and identifying risks and tangible mitigating factors to credit risk.- Perform pre-qualification financial and risk assessment for potential financing requests within the framework of Bank credit culture and current economic and industry trends.
- Review financial statement analyses typically involving complex and interlocking relationships. Gather and analyze all information necessary to present a financing request to senior management or Loan Committee for approval.
- Attend virtual or on-site due diligences at customer operations or servicing centers and meet with existing or potential customers in tandem with the sales team.
- Provide mentorship to our junior analyst by reviewing their credit analysis work including compliance certificates and minor underwriting items.
- Work with our internal sales processing and treasury management teams to build multifaceted banking relationships.
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 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
Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
