Vice President, Commercial Underwriter

Western Alliance Bank

1d•Remote

About The Position

As a Vice President, Commercial Underwriter , you'll be responsible for underwriting new loan and renewal requests within the C&I industry, specifically for mortgage repurchase, mortgage servicing rights, working capital lines of credit and other Bank lending products. You'll 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.

Requirements

6+ 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 speaking and writing communication skills

Responsibilities

Underwriting new loan and renewal requests within the C&I industry
Review loan structure, financial spreads, entity structures, collateral, market data and industry reports to understand inherent risks
Prepare a recommendation to Credit Administration in the form of opportunity memos, loan presentations, administrative action memos, and annual relationship reviews
Mentor junior credit analysts
Perform pre-qualification financial and risk assessment for potential financing requests
Review financial statement analyses
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
Review credit analysis work, including compliance certificates and minor underwriting items
Work with internal sales, processing, and treasury management teams to build multifaceted banking relationships