Western Alliance Bank-posted 14 days ago
Full-time • Mid Level
Boston, MA

As Portfolio Manager II you'll be responsible for analyzing, structuring, underwriting, and coordinating the closing of major and complex loans in compliance with the Bank's lending policies and procedures. The Portfolio Manager will work with the Vice President, Commercial Banker to manage loans to ensure the credit risks are responsibly monitored and identified. You'll assist in attaining established Bank, region, and branch goals through active participation in underwriting and closing desirable credits with the Vice President, Commercial Banker. As a Portfolio Manager II - Mid Market you'll be responsible for assuring compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations. Along with the Vice President, Commercial Banker interface with clients in-person, over the phone and email in order to assess their credit needs and determine the best structure and items needed for analysis. Gather and analyze necessary information to present along with the Relationship Manager, a financing request to senior management or Loan Committee for approval. Coordinate processing of approved loans; ensure loans are processed according to agreement, customer needs and conform to Bank lending policies; obtain sufficient information and/or documentation from customers; assist in solving problems relative to processing and servicing of loans within the Relationship Managers portfolio. Reinforce superior customer service through your own example along with appropriate follow-through with involved customers and employees. Handle various other underwriting, portfolio management and upkeep tasks and responsibilities related to new loan requests and/or the existing Relationship Managers portfolio.

  • Analyzing, structuring, underwriting, and coordinating the closing of major and complex loans in compliance with the Bank's lending policies and procedures.
  • Work with the Vice President, Commercial Banker to manage loans to ensure the credit risks are responsibly monitored and identified.
  • Assist in attaining established Bank, region, and branch goals through active participation in underwriting and closing desirable credits with the Vice President, Commercial Banker.
  • Assuring compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.
  • Interface with clients in-person, over the phone and email in order to assess their credit needs and determine the best structure and items needed for analysis.
  • Gather and analyze necessary information to present along with the Relationship Manager, a financing request to senior management or Loan Committee for approval.
  • Coordinate processing of approved loans; ensure loans are processed according to agreement, customer needs and conform to Bank lending policies; obtain sufficient information and/or documentation from customers; assist in solving problems relative to processing and servicing of loans within the Relationship Managers portfolio.
  • Reinforce superior customer service through your own example along with appropriate follow-through with involved customers and employees.
  • Handle various other underwriting, portfolio management and upkeep tasks and responsibilities related to new loan requests and/or the existing Relationship Managers portfolio.
  • 4+ years of related experience in Portfolio Management or similar field.
  • Bachelor's 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 knowledge of commercial credit and loan structuring, and pricing dynamics.
  • Credit analyst training completed.
  • Intermediate speaking and writing communication skills.
  • 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
  • A wellness program
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