What are the responsibilities and job description for the Assistant Vice President, Portfolio Manager- Lender Finance position at Western Alliance Bank?
Job Title: Assistant Vice President, Portfolio Manager- Lender Finance Location: CA - Los Angeles, La Playa What you'll do: As Assistant Vice President, Portfolio Manager - Lender Finance you'll be responsible for analyzing, underwriting, and coordinating the closing of large corporate loans & structured products ($25mm+). The Portfolio Manager will work with Directors and MD’s to ensure credit risks are monitored and identified. Join a growing team of 20 with $10B of AUM. Gather and analyze necessary information to present along with Originators, to Senior Management or Loan Committee for approval. · Analyze portfolio investment performance for buy/hold/sell recommendations · Prepare portfolio scorecards and recommend marks on collateral · Coordinate processing of approved loans; ensure loans are processed according to agreement, customer needs and conform to Bank lending policies; assist in solving problems in your portfolio. · Handle various other underwriting, portfolio management and upkeep tasks and responsibilities related to new loan requests and/or portfolio. What you'll need: 2+ years of related experience in Portfolio Management or similar field. Bachelor's degree or equivalent experience required. Intermediate to advanced knowledge of Fixed Income investing. Intermediate to advanced knowledge of commercial credit and loan structuring. Credit analyst training completed. Advanced speaking, excel and writing communication skills. Progress toward or completion of CFA Compensation: Salary range for new hires is generally $115,435.00 - $142,595.00 for New York, NY. Salary range for new hires is generally $107,395.00 - $132,661.00 for San Diego, CA. Salary range for new hires is generally $107,395.00 - $132,661.00 for Los Angeles, 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, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage, as well as AmeriHome Mortgage, 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 About Western Alliance Bancorporation With more than $80 billion in assets, Western Alliance Bancorporation (NYSE:WAL) is one of the country’s top-performing banking companies. Through its primary subsidiary, Western Alliance Bank, Member FDIC, clients benefit from a full spectrum of tailored commercial banking solutions and consumer products, all delivered with outstanding service by industry experts who put customers first. Major accolades include being ranked as a top U.S. bank in 2023 by American Banker and Bank Director. Serving clients across the country wherever business happens, Western Alliance Bank operates individual, full-service banking and financial brands with offices in key markets nationwide. For more information, visit Western Alliance Bancorporation. For more information, visit Western Alliance Bank online. Terms & Notices Privacy Policy FDIC Insurance
Salary : $107,395 - $132,661