Vice President, Commercial Underwriter

Western Alliance Bank • Costa Mesa, CA

1d

About The Position

As a Vice President, Commercial Underwriter, you will underwrite complex loan requests and renewals across working capital lines of credit, commercial real estate loans, term loans, formula-based lines of credit, traditional asset-based lines of credit, and other Bank lending products. You will work with lending officers on credit matters and loans involving unusual situations or requiring close scrutiny.

The role includes reviewing loan structures, financial spreads, entity structures, collateral, market data, and reports to assess inherent risks and prepare recommendations to Credit Administration. Recommendations are presented through opportunity memos, loan presentations, administrative action memos, and annual reviews. You may mentor junior analysts in financial analysis, loan structure, covenant conditions, risk identification, and credit-risk mitigation.

You will perform complex financial statement analyses, provide credit information and references upon request, and assess financing requests within the Bank's credit culture and current economic and industry trends. You will gather and analyze information for senior management or Loan Committee approval and may meet with customers, visit loan sites, negotiate loan terms and conditions, and recommend acceptance to Credit Administration.

Requirements

• At least 6 years of related experience.
• Bachelor's degree or equivalent experience.
• 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

• Underwrite complex loan requests and renewals for commercial lending products.
• Work with lending officers on credit matters and loans involving unusual situations or requiring close scrutiny.
• Review loan structures, financial spreads, entity structures, collateral, market data, and reports to assess risk.
• Prepare recommendations to Credit Administration in the form of opportunity memos, loan presentations, administrative action memos, and annual reviews.
• Mentor junior analysts in financial analysis, loan structure, covenant conditions, risk identification, and credit-risk mitigation, as needed.
• Perform special financial statement analyses, typically involving complex and interlocking relationships.
• Provide credit information and references for customers, loan officers, or other agencies as requested.
• Perform pre-qualification assessments and analyze the financial condition and risk of financing requests within the Bank's credit culture and in light of economic and industry trends.
• Gather and analyze information needed to present financing requests to senior management or Loan Committee for approval.
• Meet with existing or potential customers, visit loan sites, negotiate loan terms and conditions, and refer and recommend acceptance to Credit Administration, as needed.

Benefits

• Competitive salaries.
• Ownership stake in the company.
• Medical and dental insurance.
• Time off.
• 401(k) matching program.
• Tuition assistance program.
• Employee volunteer program.
• Wellness program.
• May be eligible for annual bonus or incentives and restricted stock.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior