Vice President, Commercial Underwriter

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Finance & AccountingUnderwriter

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Quick Summary

Key Responsibilities

As a Vice President, Commercial Underwriter you'll be responsible for underwriting complex loan requests and renewals for working capital lines of credit, commercial real estate loans, term loans,

Requirements Summary

6+ years

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Finance & AccountingUnderwriter

Vice President, Commercial Underwriter

Beverly Hills

Responsibilities

~2 min read

As a Vice President, Commercial Underwriter 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.

6+ years of related underwriting experience.
Bachelor's degree or equivalent experience required.
Advanced experience underwriting for commercial industries, owner- occupied and investor CRE
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.

Compensation: Salary range for new hires is generally $121,870.00 - $150,546.00 for Costa Mesa, CA. Salary range for new hires is generally $129,995.00 - $160,581.00 for San Jose, CA. Salary range for new hires is generally $121,870.00 - $150,546.00 for San Diego, CA. Salary range for new hires is generally $121,870.00 - $150,546.00 for Los Angeles, CA. Salary range for new hires is generally $121,870.00 - $150,546.00 for Beverly Hills, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.

What We Offer

~1 min read

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.