Assistant Vice President, Commercial Underwriting

Job Title: Assistant Vice President, Commercial Underwriting

Location: San Jose

What you'll do:

As a Commercial Underwriter, 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. One of your key responsibilities is to review the loan structure, financial spreads, entity structures, collateral, market data, and 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 reviews.

What we are looking for:

• You should be able to complete the following tasks relative to standard credits:
• Analyze and interpret business financial statements and tax returns to determine financial trends, identify risks and weaknesses, and mitigating factors.
• Compute traditional and UCA cash flow.
• Analyze personal financial statements and tax returns.
• Analyze credit reports.
• Analyze loan requests and determine the proper loan structure.
• Analyze collateral such as accounts receivable, inventory, equipment, and real property.
• Analyze industries for relevant trends and determine the likely impact on business applicants.
• Correctly apply loan policy and identify exceptions.
• Synthesize analysis to properly risk rate credits.
• Communicate analysis in well-written and thorough loan presentations.
• Join relationship managers on client calls to discuss credit requests.
• Communicate with clients independently of relationship manager for credit-related questions.
• Participate in the post-approval process to ensure timely documentation and closing of loans.

What you will need:

• Bachelor's degree (BA or BS) from a four (4) year college or university that includes accounting, economics, and finance emphasis, and 5 years of related experience or an equivalent combination of education and experience.
• Knowledge and training in financial statement and tax return analysis, typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas.
• Knowledge and training in all lending activities and terminology.
• Knowledge of commercial, construction, real estate, and consumer loan processing.
• Knowledge of loan documentation such as notes, security agreements, loan agreements, and guaranties.
• Knowledge of related state and federal lending and compliance regulations, and other Bank lending policies.
• Excellent written and verbal communication skills.
• Proficient with business financial spreading software (e.g., Risk Analyst, Credit LensTM) is preferred.
• Proficient with personal tax return spreading software (e.g., Paul Buker's Tax AnalysisTM) is preferred.

Compensation: Salary range for new hires is generally $115,435.00 - $142,595.00 for San Jose, CA. Salary range for new hires is generally $107,395.00 - $132,661.00 for Costa Mesa, CA. Salary range for new hires is generally $107,395.00 - $132,661.00 for Los Angeles, CA. 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:
We offer all the important things you'd 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, you'll 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 HR@westernalliancebank.com or call 602-386-2488. 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.