Commercial Underwriter Expert

7 days ago


San Jose, California, United States Western Alliance Bancorporation Full time
Job Summary

We are seeking a skilled Commercial Underwriter to join our team at Western Alliance Bancorporation. As a key member of our lending department, you will be responsible for underwriting new business loan requests and renewals, ensuring that our clients receive the best possible financial solutions.

Key Responsibilities:
  • Analyze and interpret business financial statements and tax returns to determine financial trends, identify risks and weaknesses, and mitigating factors.
  • Compute traditional and UCA cash flow.
  • Analyze personal financial statements and tax returns.
  • Analyze credit reports.
  • Determine the proper loan structure based on loan requests.
  • Analyze collateral such as accounts receivable, inventory, equipment, and real property.
  • Analyze industries for relevant trends and determine the likely impact on business applicants.
  • Correctly apply loan policy and identify exceptions.
  • Synthesize analysis to properly risk rate credits.
  • Develop well-written and thorough loan presentations.
  • Communicate with clients independently for credit-related questions.
Requirements:
  • Bachelor's degree (BA or BS) from a four (4) year college or university that includes accounting, economics, and finance emphasis, and 5 years of related experience or an equivalent combination of education and experience.
  • 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.
  • Excellent written and verbal communication skills.
  • Proficient with business financial spreading software (e.g., Risk Analyst, Credit LensTM) is preferred.
Compensation:

The estimated salary for this position is $128,465.00 - $159,455.00 per year, depending on location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.

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, an 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.



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