Senior Manager of Asset Monitoring
6 days ago
We are seeking a highly experienced Senior Manager to lead our Asset Monitoring team. As a key member of our leadership team, you will be responsible for executing our strategic plan and guiding your team in its efforts to meet our target goals.
Key Responsibilities- Oversee the Manager of Asset Monitoring and the team of Asset Monitoring Specialists, directing their efforts toward effectively and efficiently monitoring the underlying collateral supporting our asset-based loan facilities.
- Recruit, hire, train, and coach a collateral team to ensure the accuracy, correctness, and timeliness of ABL collateral information.
- Support and collaborate with ABL Relationship Managers, commercial bankers, and other internal partners to provide top-tier customer service and support to all internal and external counterparties.
- Provide recommendations and solutions to ensure the most efficient processes and procedures are in place, and foster strong, healthy working relationships with executive and senior leaders in partner departments.
- Bachelor's degree from a four-year college or university and ten or more years of related experience and/or training, or a combination of experience and education related to the Asset Based Lending industry.
- A minimum of 7 years of experience managing an ABL collateral monitoring team.
- Demonstrated knowledge of Borrowing Base formula lending and the calculation of ineligibles.
- Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management, and/or other commercial banking products and services.
- Advanced knowledge of applicable regulatory and legal compliance obligations, rules, and regulations, industry standards, and practices.
- Strong speaking and writing skills for internal and external audiences.
We offer a competitive salary, an ownership stake in the company, medical and dental insurance, time off, a great 401(k) matching program, tuition assistance program, employee volunteer program, and a wellness program. You will also 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 UsWestern 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, national 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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