Vice President, Portfolio Management Team Leader
About The Position
As a Vice President, Portfolio Management Team Leader, you will be in a leadership role responsible for overseeing a team of Portfolio Managers who support our Lending and Deposit Sales teams. Your team is responsible for tasks related to portfolio health management, regularly providing insights to leaders about the portfolio's performance and trends. Western Alliance uses a team-based approach to portfolio management, and so you'll work with a team that includes commercial bankers, business development officers, and credit analysts and partners from credit administration, loan administration, and credit risk review. This role represents the Bank in various community, civic, and community reinvestment functions to further enhance the Bank’s image and develop additional business; assists the Bank in establishing and maintaining market position in the financing arena. You will review the work from Portfolio Managers, including loan presentations, rating reviews, credit applications, financial analysis, extension of credit limits, action plans, provisional risk scoring, and usual portfolio management requirements. You will oversee the identification of risks issues, close monitoring of and reporting on the status of the borrower and underlying project conditions, including escalating to appropriate departments where appropriate. You will supervise a variety of general portfolio management activities, including credit concentration reviews and portfolio optimization, critical analysis of trends and factors impacting various client projects. You will prepare reports for management based on the team's analysis related to under-performing assets and recommend mitigation strategies. You will coordinate work distribution and service level performance. You will oversee the processing of approved loans; control the process to validate that loans are processed according to agreement, customer needs, and conform to Bank lending policies. You will contribute to projects related to maintaining and improving internal credit and loan administration policies and procedures. You will compile and analyze market research data to develop recommendations regarding products and services focused on the needs of the target market. You will engage in business development activities and solicitation of new business based on the target market. You will develop and maintain a customer database including calls and results on all new business relationships and referral sources. You will make reports to superiors as required. You will lead and develop a team; responsible for hiring, coaching, performance management, training, and development.
Requirements
- 8+ years of related experience in Portfolio Management or similar field.
- 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 knowledge of commercial credit and loan structuring, pricing dynamics and has market specific awareness.
- Advanced speaking and writing communication skills.
Nice To Haves
- Previous leadership experience preferred.
Responsibilities
- Oversee the identification of risks issues, close monitoring of and reporting on the status of the borrower and underlying project conditions, including escalating to appropriate departments where appropriate.
- Supervise a variety of general portfolio management activities, including credit concentration reviews and portfolio optimization, critical analysis of trends and factors impacting various client projects.
- Prepare reports for management based on team's analysis related to under-performing assets and recommends mitigation strategies.
- Coordinate work distribution and service level performance.
- Oversee the processing of approved loans; controls the process to validate that loans are processed according to agreement, customer needs and conform to Bank lending policies.
- Contribute to projects related to maintaining and improving internal credit and loan administration policies and procedures.
- Compile and analyze market research data to develop recommendations regarding products and services focused on needs of target market.
- Engage in business development activities and solicitation of new business based on the target market.
- Develop and maintains customer data base including calls and results on all new business relationships and referral sources.
- Make reports to superiors as required.
- Lead and develop a team; responsible for hiring, coaching, performance management, training and development.
Benefits
- 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
- Opportunity to bolster business knowledge
- Learning the ins and outs of how successful companies operate and manage their finances
- Invaluable hands-on experience to help grow your career
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
Associate degree
