Western Alliance Bank
Assistant Vice President, Commercial Underwriting
Western Alliance Bank, Las Vegas, Nevada, us, 89105
Job Title:Assistant Vice President, Commercial Underwriting
Location:West Sahara
What you'll do:As a Commercial Underwriter II, you'll be responsible for underwriting new business loan requests and renewals for working capital lines of credit, owner-occupied commercial real estate loans, term loans, formula-based lines of credit, traditional asset-based lines of credit and other Bank lending products. You will build internal relationships by working with lending officers on credit matters and external relationships with bank clients. Key responsibilities include:
Reviewing loan structures, financial spreads, entity structures, collateral, market data, and reports to understand risks and prepare recommendations to Credit Administration.
Analyzing and interpreting business financial statements and tax returns.
Computing traditional and UCA cash flow.
Analyzing personal financial statements and tax returns.
Analyzing credit reports and loan requests.
Analyzing collateral such as accounts receivable, inventory, equipment, and real property.
Identifying industry trends and their impact on business applicants.
Applying loan policy and identifying exceptions.
Synthesizing analysis to properly risk rate credits.
Communicating analysis in well-written loan presentations.
What we are looking for:
Spreading financial statements and tax returns into appropriate analysis software.
Reviewing proposed collateral, including real property appraisals and UCC-1 filings.
Summarizing credit analysis in loan presentations and credit documents.
Preparing reports as required by Credit Administration.
Providing loan account risk ratings based on Bank policy.
Maintaining knowledge of financial industry, economy, market conditions, and competition.
Understanding business implications of decisions and aligning work with strategic goals.
Assuring compliance with Bank policies and procedures, as well as applicable regulations.
Independently underwriting new credits and managing loan covenants.
Collaborating with loan coordinators and relationship managers.
Involvement in post-approval credit processes.
Reviewing work completed by credit analysts.
Maintaining confidentiality of records and data.
Completing administrative tasks correctly and on time.
What you need to have:
Bachelor’s degree in accounting, economics, or finance with 5 or more years of related experience.
Knowledge and training in financial statement and tax return analysis.
Excellent written and verbal communication skills.
Proficiency in office equipment and software applications such as Word and Excel.
Familiarity with financial spreading software (e.g., Risk Analyst, Credit LensTM) preferred.
Understanding of lending activities and terminology.
Knowledge of loan documentation and related regulations.
Current state driver’s license and vehicle with appropriate insurance if required.
Compensation:Salary range for new hires is generally $94,620.00 - $116,883.00 for Las Vegas, NV. Salary is determined by specific job location. The role may also be eligible for annual bonuses/incentives and restricted stock.
Benefits you’ll love:We offer competitive salaries, medical and dental insurance, time off, a great 401k matching program, tuition assistance, an employee volunteer program, and a wellness program. You’ll also gain invaluable hands-on experience to help grow your career!
About the company:Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. We are committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, national origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information.
If you require reasonable accommodations to complete any part of the application process, please email
HR@westernalliancebank.com
or call 602-386-2488.
#J-18808-Ljbffr
Location:West Sahara
What you'll do:As a Commercial Underwriter II, you'll be responsible for underwriting new business loan requests and renewals for working capital lines of credit, owner-occupied commercial real estate loans, term loans, formula-based lines of credit, traditional asset-based lines of credit and other Bank lending products. You will build internal relationships by working with lending officers on credit matters and external relationships with bank clients. Key responsibilities include:
Reviewing loan structures, financial spreads, entity structures, collateral, market data, and reports to understand risks and prepare recommendations to Credit Administration.
Analyzing and interpreting business financial statements and tax returns.
Computing traditional and UCA cash flow.
Analyzing personal financial statements and tax returns.
Analyzing credit reports and loan requests.
Analyzing collateral such as accounts receivable, inventory, equipment, and real property.
Identifying industry trends and their impact on business applicants.
Applying loan policy and identifying exceptions.
Synthesizing analysis to properly risk rate credits.
Communicating analysis in well-written loan presentations.
What we are looking for:
Spreading financial statements and tax returns into appropriate analysis software.
Reviewing proposed collateral, including real property appraisals and UCC-1 filings.
Summarizing credit analysis in loan presentations and credit documents.
Preparing reports as required by Credit Administration.
Providing loan account risk ratings based on Bank policy.
Maintaining knowledge of financial industry, economy, market conditions, and competition.
Understanding business implications of decisions and aligning work with strategic goals.
Assuring compliance with Bank policies and procedures, as well as applicable regulations.
Independently underwriting new credits and managing loan covenants.
Collaborating with loan coordinators and relationship managers.
Involvement in post-approval credit processes.
Reviewing work completed by credit analysts.
Maintaining confidentiality of records and data.
Completing administrative tasks correctly and on time.
What you need to have:
Bachelor’s degree in accounting, economics, or finance with 5 or more years of related experience.
Knowledge and training in financial statement and tax return analysis.
Excellent written and verbal communication skills.
Proficiency in office equipment and software applications such as Word and Excel.
Familiarity with financial spreading software (e.g., Risk Analyst, Credit LensTM) preferred.
Understanding of lending activities and terminology.
Knowledge of loan documentation and related regulations.
Current state driver’s license and vehicle with appropriate insurance if required.
Compensation:Salary range for new hires is generally $94,620.00 - $116,883.00 for Las Vegas, NV. Salary is determined by specific job location. The role may also be eligible for annual bonuses/incentives and restricted stock.
Benefits you’ll love:We offer competitive salaries, medical and dental insurance, time off, a great 401k matching program, tuition assistance, an employee volunteer program, and a wellness program. You’ll also gain invaluable hands-on experience to help grow your career!
About the company:Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. We are committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, national origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information.
If you require reasonable accommodations to complete any part of the application process, please email
HR@westernalliancebank.com
or call 602-386-2488.
#J-18808-Ljbffr