Job Title: Assistant Vice President, Portfolio Management - Business Banking
Location: Carmel Valley
What you'll do: As Portfolio Manager II - Business Banking you'll be responsible for the management of the Bank's Small Business and Consumer Loan Center (BCLC) loan portfolio, and will assist, mentor, and train other employees on appropriate servicing responsibilities. The Portfolio Manager will manage loans to ensure the credit risks are responsibly monitored and identified. You'll assist with past dues, periodic reviews per Bank and BCLC policies and procedures, servicing actions, and communication with BCLC Credit Administration on credit. As Portfolio Manager II - Business Banking you'll be responsible for assuring compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.
- Ensure proper portfolio management oversight is followed per BCLC Standard Operating Procedures and Bank policies, including monitoring and collecting past dues/delinquencies, monitoring the matured loan report, performing servicing actions, and completing BCLC required notices.
- Collaborate closely with internal referral partners to effectively originate loans, ensuring a seamless transition from initial inquiry to application submission to funding. Play a role in the sales process by actively assisting in the collection and organization of financial information from clients, to help advance loans towards the underwriting stage.
- Serve as a resource, offering comprehensive product information, and post-closing issues to both customers and internal partners. Complete periodic reviews for each existing BCLC loan which may include business and personal financial analysis, credit monitoring, credit analysis, lien perfection, property value research, industry comparisons, identifying risks and mitigating factors, and recommending loan grading.
- Work directly with customers and third parties to obtain information needed to perform annual reviews, modifications, tickler item collection, post-close documentation exception management, and complete servicing actions.
- Reinforce superior customer service through your own example along with appropriate follow-through with involved customers and employees.
- Handle various portfolio management responsibilities and tasks related to new loan and/or renewal requests, including tickler management and financial statement collections.
What you'll need:
- 4+ years of related experience in Portfolio Management or similar field.
- Bachelor's degree or equivalent experience required.
- Intermediate knowledge of entity documentation and various collateral requirements.
- Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
- Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Intermediate speaking and writing communication skills.
Compensation: Salary range for new hires is generally $100,370.00 - $123,983.00 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
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