Senior Commercial Underwriter

3 weeks ago


Denver, Colorado, United States Western Alliance Bank Full time
Job Title:

AVP - Commercial Underwriting - Public Finance / Not for Profit

Job Summary:

We are seeking a highly skilled and experienced AVP - Commercial Underwriting - Public Finance / Not for Profit to join our team at Western Alliance Bank. As a key member of our credit analysis team, you will be responsible for providing financial, credit, and trend analysis for the delivery of our tax-exempt and taxable credit products and services to municipal, governmental, and nonprofit clients.

Key Responsibilities:
  • Evaluate credit requests and review credit analysis of new and existing credit requests
  • Prepare financial analysis of nonprofit and municipal entities, analyze financial statements and financial projections, and model sensitivity and break-even projection analysis
  • Actively manage and monitor the group's portfolio, underwrite new credits and/or changes to existing credits, and manage loan covenants to provide early triggers to detect deterioration of the credit
  • Analyze municipal and nonprofit revenue streams and model complex cash flow modeling, sensitivity, and break-even projection analysis
  • Ensure compliance with all applicable regulations, policies, and procedures, and stay up-to-date with changes to banking regulation
Requirements:
  • Bachelor's degree preferred and 3+ years of related work experience; or equivalent combination of education and experience
  • Good understanding of financial accounting knowledge preferred
  • Preferred knowledge in lending, specifically cash flow and collateral analysis and loan structuring
  • Advanced knowledge of governmental accounting and governmental financial management
  • Ability to clearly and succinctly express complex financial concepts both verbally and in writing
Compensation and Benefits:

We offer a competitive salary range of $115,000 to $135,000 for new hires in Denver, CO, with the opportunity to earn annual bonus/incentives and restricted stock. In addition, we offer a comprehensive benefits package, including medical and dental insurance, time off, a great 401(k) matching program, tuition assistance program, employee volunteer program, and wellness program.

About Western Alliance Bank:

Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation, a leading bank holding company in the United States. We are committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, national origin, marital status, disability, protected veteran status, sexual orientation, gender identity, or genetic information.



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