Vice President, Transaction Management

Western Alliance Bank•Boston, MA

20h•Remote

About The Position

As a Transaction Manager, you'll be responsible for leading document negotiation with deal parties and representing the Western Alliance Trust Company on new transactions. You'll be responsible for coordinating the onboarding process for new mandated transactions, including but not limited to account setups on our trust accounting system, ensuring timely processing of KYC and serving as a single point of contact for internal compliance and risk partners throughout onboarding. You'll interact directly with the external and/or internal legal groups on all matters regarding legal issues, document standards, and interactions between internal and external parties. The Transaction Manager will work with clients to build relationships and ensure clients have a positive view of the trust company as it relates to account onboarding, deal negotiation, and overall deal execution. Act as the central coordinator for client onboarding, deal execution, and lifecycle administration across trust company roles on structured finance transactions, including CLOs, asset-backed lending facilities, municipal project finance, and custodial transactions. Laise between clients, various transaction parties and internal and/or external business stakeholders such as legal counsel, underwriters, accountants, analytics, FCC/KYC team, operations and asset administration departments on deal specific structures and issues. Coordinate comments and negotiations with internal and/or external counsel, clients, and internal stakeholders ensuring governing documents adhere to the trust company’s document standards. Consult with internal and external legal as needed to resolve any issues or revise document standards. When applicable convene the Business Acceptance Committee to present deals that require committee approval. Interact with Corporate Trust (CT) Operations and Client Service Teams to ensure new deals can be supported operationally. Build relationships with clients and other deal parties and act as the point of escalation for any deal onboarding issues. Stay current on industry developments including regulatory changes, new business trends, etc.

Requirements

7+ years of related experience.
Bachelor's degree in a related field required.
Previous corporate trust, structured finance, asset-backed lending, or CLO administration experience strongly preferred.
Proficiency coordinating across legal, compliance, operations, and technology teams.
Advanced legal document review and interpretation of structured finance agreements.
Advanced knowledge of corporate trust operations, including bond payment operations, loan administration, treasury management, and/or other corporate trust products and services.
Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards, and practices.
Intermediate to advanced experience using a variety of computer-related equipment and software, including Microsoft Office Suite.
Intermediate to advanced experience negotiating complex contracts.
Advanced speaking and writing communication skills.

Nice To Haves

Previous corporate trust, structured finance, asset-backed lending, or CLO administration experience

Responsibilities

Leading document negotiation with deal parties and representing the Western Alliance Trust Company on new transactions.
Coordinating the onboarding process for new mandated transactions, including account setups on the trust accounting system, ensuring timely processing of KYC, and serving as a single point of contact for internal compliance and risk partners.
Interacting directly with external and/or internal legal groups on legal issues, document standards, and interactions between internal and external parties.
Working with clients to build relationships and ensure clients have a positive view of the trust company regarding account onboarding, deal negotiation, and overall deal execution.
Acting as the central coordinator for client onboarding, deal execution, and lifecycle administration across trust company roles on structured finance transactions.
Liaising between clients, various transaction parties, and internal/external business stakeholders on deal-specific structures and issues.
Coordinating comments and negotiations with counsel, clients, and internal stakeholders to ensure governing documents adhere to the trust company’s document standards.
Consulting with internal and external legal counsel to resolve issues or revise document standards.
Convening the Business Acceptance Committee to present deals requiring committee approval.
Interacting with Corporate Trust Operations and Client Service Teams to ensure new deals can be supported operationally.
Acting as the point of escalation for any deal onboarding issues.
Staying current on industry developments, including regulatory changes and new business trends.

Benefits

Competitive salaries
Ownership stake in the company
Medical and dental insurance
Time off
401k matching program
Tuition assistance program
Employee volunteer program
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