Commercial Underwriter
1 month ago
At Western Alliance Bancorporation, we are seeking a skilled Commercial Underwriter & Financial Risk Analyst to join our team. This role is responsible for underwriting new business loan requests and renewals for various commercial lending products.
Salary RangeThe estimated salary range for this position is $115,435 - $142,595 per year, based on location in San Jose, CA. The actual salary may vary depending on specific job requirements and qualifications.
Job DescriptionThis role involves analyzing financial statements, credit reports, and other relevant data to determine the creditworthiness of potential borrowers. As a Commercial Underwriter & Financial Risk Analyst, you will be responsible for:
- Analyzing business financial statements and tax returns to identify trends, risks, and weaknesses.
- Computing traditional and UCA cash flow.
- Reviewing collateral, such as accounts receivable, inventory, equipment, and real property.
- Analyzing industries for relevant trends and determining their impact on business applicants.
You will also be required to communicate your analysis in well-written loan presentations and participate in client calls to discuss credit requests.
Required Skills & QualificationsTo succeed in this role, you should have:
- A Bachelor's degree in accounting, economics, or finance, with 5 years of related experience or an equivalent combination of education and experience.
- Knowledge and training in financial statement and tax return analysis.
- Excellent written and verbal communication skills.
- Proficiency with business financial spreading software, such as Risk Analyst or Credit LensTM.
We offer a competitive salary, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, employee volunteer program, and a wellness program. You will also have the opportunity to bolster your business knowledge and gain valuable hands-on experience.
About UsWestern Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation, committed to equal employment and diversity. We strive to provide reasonable accommodations for individuals with disabilities and ensure that all qualified applicants receive fair consideration without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity, or genetic information.
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