AVP, Commercial Underwriting
Company: Disability Solutions
Location: San Diego
Posted on: October 11, 2024
Job Description:
Job Title:AVP, Commercial UnderwritingLocation:CA - San Diego,
450 B StWhat you'll do:As a Commercial Underwriter, you'll be
responsible for underwriting new business loan requests and
renewals for working capital lines of credit, owner-occupied
commercial real estate loans, term loans, formula-based lines of
credit, traditional asset-based lines of credit and other Bank
lending products. You will build internal relationships by working
with lending officers on credit matters. You will also build
external relationships with bank clients. One of your key
responsibilities is to review the loan structure, financial
spreads, entity structures, collateral, market data and reports to
understand inherent risks and prepare a recommendation to Credit
Administration in the form of opportunity memos, loan
presentations, administrative action memos, and annual reviews.What
we are looking for:
- You should be able to complete the following tasks relative to
standard credits.
- 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.
- Analyze loan requests and determine the proper loan
structure.
- Analyze collateral such as accounts receivable, inventory,
equipment, 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.
- Communicate analysis in well written and thorough loan
presentations.
- Join relationship managers on client calls to discuss credit
requests.
- Communicate with clients independently of relationship manager
for credit related questions.
- Participate in the post-approval process to ensure timely
documentation and closing of loans.What you will need:
- 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
- Knowledge and training in all lending activities and
terminology
- Knowledge of commercial, construction, real estate and consumer
loan processing
- Knowledge of loan documentation such as notes, security
agreements, loan agreements, guaranties, etc.
- Knowledge of related state and federal lending and compliance
regulations, and other Bank lending policies
- Excellent written and verbal communication
- Proficient with business financial spreading software (e.g.
Risk Analyst, Credit LensTM) is preferred.
- Proficient with personal tax return spreading software (e.g.
Paul Buker's Tax AnalysisTM) is preferred.Compensation: Salary
range for new hires is generally $107,395.00 - $125,000.00 for San
Diego, CA. Salary amount is determined by specific job location. In
addition, the role may be eligible for annual bonus/incentives
earned and restricted stock.Benefits you'll love:We offer all the
important things you'd want - like 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. In addition,
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!About the company:Western Alliance Bank is a
wholly owned subsidiary of Western Alliance Bancorporation.
Alliance Bank of Arizona, Alliance Association Bank, Bank of
Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank
are divisions of Western Alliance Bank; Member FDIC. AmeriHome
Mortgage is a Western Alliance Bank company.Western Alliance
Bancorporation is 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. Western Alliance Bancorporation is committed to
working with and providing reasonable accommodations for
individuals with disabilities. If you are an individual with a
disability and require a reasonable accommodation to complete any
part of the application process and/or need an alternative method
of applying, please email HR@westernalliancebank.com or call
602-386-2488. When contacting us, please provide your contact
information and state the nature of your accessibility issue. We
will only respond to inquiries concerning requests that involve a
reasonable accommodation in the application process.-- Western
Alliance Bancorporation
Keywords: Disability Solutions, Orange , AVP, Commercial Underwriting, Other , San Diego, California
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