Job Title:

AVP - Commercial Underwriting - Note Finance

Location:

Biltmore

What you'll do:

The position of Underwriter is primarily responsible for the pre-qualification assessment and analysis of the financial condition and risk of financing requests within the framework of Bank credit culture and current economic and industry trends. Underwriters present analysis verbally and through various credit documents such as loan presentations and administrative action memos. Underwriters assist lending officers on credit matters. The position may also participate in developing credit studies for the Loan Officers, Chief Credit Officer and other Executive Management, as well as perform special financial statement analyses.

What we are looking for:

Gathers and analyzes all information necessary to present a financing request to senior management or Loan Committee for approval.

Spreads financial statements and tax returns into appropriate analysis software.

Reviews and researches proposed collateral, including review of real property appraisals, UCC-1 filings, etc.

Summarizes credit analysis in loan presentations and other credit documents.

Prepares other reports as required by Credit Administration.

Provides loan account ratings based on Bank policy and grading procedures.

Develops and maintains knowledge of financial industry, economy, market conditions, rates, vendors and competition.

Understands business implications of decisions, displays orientation to profitability, demonstrates knowledge of market and competition and aligns work with strategic goals

Assures compliance with all Bank policies and procedures, as well as all applicable, state and federal banking regulations.

Consistently applies good decision making techniques pertaining to inquiries, approvals, and requests as they apply to existing policies and procedures

Maintains strict confidentiality of all records and data received and produced

Follows policies and procedures, completes administrative tasks correctly and on time, supports the Bank’s goals and values, benefits the bank through outside activities

Continues formal and informal training to build upon credit analysis skills.

Assists loan officers and relationship managers with proper credit structure and other credit matters.

Estimates collateral values through research into collateral offered, including review of comparable real estate sales and net operating income capitalization.

Qualifications:

Bachelor’s degree (BA) from a four (4) year college or university, and 4-6 years or more years related experience and/or training

Knowledge and training in financial statement and tax return analysis, typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas

Knowledge and training in all lending activities and terminology

Knowledge of commercial, construction, real estate and consumer loan processing

Knowledge of loan documentation such as notes, security agreements, loan agreements, guaranties, etc.

Knowledge of related state and federal lending and compliance regulations, and other Bank lending policies

Desired Attributes:

Self-starter who is welcoming to constructive feedback and needs little to no prompting by supervisor to complete tasks

Strong communication skills who proactively prioritizes over the phone communication with customers and who prioritizes face-to-face communication with internal business partners

Critical thinker who can articulate potential solutions when escalating discovered issues to supervisor

Benefits you’ll love:
We offer all the important things you'd want — like 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, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.  AmeriHome Mortgage is 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.

© Western Alliance Bancorporation