Vice President, Portfolio Management - Innovation Banking

Western Alliance Bank • San Francisco, CA

8d

About The Position

The Portfolio Manager III - Innovation Banking analyzes, structures, underwrites, and coordinates the closing of major and complex loans in compliance with the Bank’s lending policies and procedures. Working with the Vice President, Commercial Banker, the role manages loans to ensure credit risks are responsibly monitored and identified, and supports Bank, regional, and branch goals by participating in underwriting and closing desirable credits. The role also ensures compliance with Bank policies and procedures and applicable state and federal banking regulations.

The Portfolio Manager works with the Vice President, Commercial Banker to interact with clients in person, by phone, and by email to assess credit needs and determine suitable loan structures and analysis requirements. The role gathers and analyzes information for financing requests presented with the Relationship Manager to senior management or the Loan Committee, coordinates the processing of approved loans, and assists with loan servicing and portfolio management. It also promotes superior customer service and handles other underwriting, portfolio management, and loan-upkeep responsibilities related to new requests and the existing Relationship Manager portfolio.

Requirements

• At least 6 years of related experience in Portfolio Management or a similar field.
• Bachelor’s degree or equivalent experience.
• Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management, and/or other commercial banking products and services.
• Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards, and practices.
• Intermediate to advanced knowledge of commercial credit, loan structuring, and pricing dynamics.
• Completed credit analyst training.
• Advanced speaking and writing communication skills.

Nice To Haves

• At least 4 years of experience in Innovation Banking is highly preferred.

Responsibilities

• Analyze, structure, underwrite, and coordinate the closing of major and complex loans in accordance with Bank policies and procedures.
• Work with the Vice President, Commercial Banker to manage loans and responsibly monitor and identify credit risks.
• Participate in underwriting and closing desirable credits to help attain Bank, regional, and branch goals.
• Ensure compliance with Bank policies and procedures and applicable state and federal banking regulations.
• Interface with clients in person, by phone, and by email to assess credit needs and determine suitable structures and analysis requirements.
• Gather and analyze information for financing requests to be presented with the Relationship Manager to senior management or the Loan Committee.
• Coordinate the processing of approved loans, ensuring they follow the agreement, meet customer needs, and conform to Bank lending policies.
• Obtain sufficient information and documentation from customers and help resolve loan-processing and servicing issues within the Relationship Manager’s portfolio.
• Reinforce superior customer service through personal example and appropriate follow-through with customers and employees.
• Perform other underwriting, portfolio management, and upkeep tasks related to new loan requests and the existing Relationship Manager portfolio.

Benefits

• Competitive salaries
• Ownership stake in the company
• Medical insurance
• Dental insurance
• Time off
• 401(k) matching program
• Tuition assistance program
• Employee volunteer program
• Wellness program
• Opportunity to build business knowledge and gain hands-on experience with how successful companies operate and manage their finances

What This Job Offers

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