Senior Portfolio Manager
4 weeks ago
Senior Portfolio Manager
The Portfolio Manager position is responsible for analyzing, structuring, underwriting, and coordinating the closing of major and complex C&I loans in compliance with the Bank's lending policies and procedures.
This role will work closely with the Vice President, Commercial Banker to manage loans and ensure credit risks are responsibly monitored and identified.
The Portfolio Manager will assist in attaining established Bank, region, and branch goals through active participation in underwriting and closing desirable credits.
The position is responsible for assuring compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.
Key Responsibilities:
Interface with clients to assess their credit needs and determine the best structure and items needed for analysis.
Gather and analyze necessary information to present a financing request to senior management or Loan Committee for approval.
Coordinate processing of approved loans; ensure loans are processed according to agreement, customer needs, and conform to Bank lending policies.
Assist in solving problems relative to processing and servicing of loans within the Relationship Managers portfolio.
Reinforce superior customer service through your own example and follow-through with involved customers and employees.
Handle various other underwriting, portfolio management, and upkeep tasks and responsibilities related to new loan requests and/or the existing Relationship Managers portfolio.
Requirements:
Bachelor's Degree from a 4-year college or university degree, preferably in Finance or Accounting, and three (3) years of experience at a financial institution or an equivalent combination of education and experience.
Entry to intermediate understanding of credit, including leveraged and high-risk C&I loans.
Entry to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management, and/or other commercial banking products and services.
Entry to intermediate knowledge of private equity funds, family offices, and independent sponsors.
Entry to intermediate knowledge of applicable regulatory and legal compliance obligations, rules, and regulations, industry standards, and practices.
Entry to intermediate knowledge of commercial credit and loan structuring, and pricing dynamics.
Credit analyst training completed.
Outstanding presentation, verbal, and written communication skills.
Self-starter, entrepreneurial attitude, and an upbeat positive outlook.
Benefits:
We offer competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, employee volunteer program, and a wellness program.
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.
Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation.
We are 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.
We are committed to working with and providing reasonable accommodations for individuals with disabilities.
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