Vice President, Commercial Underwriting

Western Alliance Bank•Phoenix, AZ

About The Position

As a VP - Commercial Underwriter III you'll be responsible for underwriting complex loan requests and renewals for 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'll build internal relationships by working with lending officers on credit matters and loans involving unusual situations or requiring close scrutiny. 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. May mentor junior analysts in financial analysis, loan structure, appropriate covenant conditions and identifying risks and tangible mitigating factors to credit risk. 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 assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends. Gather and analyze all information necessary to present a financing request to senior management or Loan Committee for approval; may meet with existing or potential customers; visiting sites of loans; negotiate loan terms and conditions; refer and recommend acceptance to Credit Administration.

Requirements

6+ years of related experience within commercial underwriting or commercial portfolio management or commercial industrial lending/underwriting
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

Underwrite complex loan requests and renewals
Build internal relationships with lending officers
Review loan structure, financial spreads, entity structures, collateral, market data and reports
Prepare a recommendation to Credit Administration
Mentor junior analysts
Perform special financial statement analyses
Provide credit information and references
Perform pre-qualification assessment and analysis of financial condition and risk
Gather and analyze information to present a financing request
Meet with existing or potential customers
Visit sites of loans
Negotiate loan terms and conditions
Refer and recommend acceptance to Credit Administration