Credit risk manager

Job Title :

Credit Risk Review Manager

Location : Gilbert

Gilbert

What you'll do :

This position is responsible for planning and executing quarterly continuous credit file testing reviews, scheduled periodic credit reviews, and participating in review assignments.

The Credit Risk Review Manager will perform and lead activities that evaluate commercial loan transactions and perform assessments of underwriting and portfolio management to independently provide feedback on the adequacy of underwriting analyses, accuracy and timeliness of risk grading decisions, appropriateness of credit mitigation actions, and the effectiveness of the credit management process and key controls supporting credit quality.

The Credit Risk Review Manager independently monitors credit risk trends within assigned commercial lending risk segments, attends relevant meetings, and develops and maintains relationships with internal stakeholders responsible for credit approval.

This position reports to the Credit Risk Review Director and is located in Gilbert, AZ.

Credit Risk Review is an independent credit assurance and advisory team that reports functionally to the Directors’ Risk Committee of the Board of Western Alliance Bancorporation and administratively to the Chief Risk Officer.

The team’s mission is to help collaboratively ensure the financial soundness of Western Alliance Bank by independently identifying, assessing, and escalating credit risk to the Board of Directors, banking regulators, and other key stakeholders.

What we are looking for :

Responsibilities :

As Reviewer-in-Charge of assigned commercial risk segments, leads continuous quarterly credit file testing activities and scheduled periodic loan review engagements.

Executes quarterly analyses of the credit quality trends of the loan portfolios of assigned reviewable units or risk segments.

Reviews all pertinent credit and financial information, including business and personal financial statements, spreadsheets, cash flow analyses, and other sources, as applicable.

Properly assess borrower risk profiles and risk grades of each loan / lending relationship reviewed. Capable of analyzing the most complex and interlocking lending relationships.

• Performs proper risk-based sampling techniques for scoping continuous file reviews and periodic reviews; determines the need for expanding scope and adjusting exam procedures, as appropriate.
• Guides less experienced reviewers in determining the accuracy of assigned risk ratings, and analyzing borrower risk attributes and risk factors.

Reviews work papers of other Credit Risk Review Officers.

• Analyzes loan reporting and tracking systems and prepares appropriate comments within Credit Risk Review reports.
• Properly evaluates changes or weaknesses within Credit Administration processes or policies.
• Maintains a strong working knowledge of a variety of industries and specialty lines of business (e.g., commercial real estate, equipment leasing, mortgage warehouse lending, gaming, technology, life sciences, HOA, franchise lending, sponsor finance, leveraged lending, etc.).
• Demonstrates an excellent knowledge of regulatory requirements and expectations pertaining to credit risk management.
• Ensures consistent application of enterprise-wide Credit Policy, as well as Credit Risk Review Policies and Procedures.
• Assists in performance and completion of special projects as may be assigned on an ad hoc basis.

Qualifications :

• Experienced credit professional with minimum ten years of commercial credit experience, preferably with a background in commercial credit underwriting and credit risk management.
• Successful completion of formal credit training program is preferred, but not necessary.
• Previous credit risk review experience is preferred, but not necessary.
• Minimum Bachelor's degree in Accounting, Finance, Economics, or a related discipline.
• Demonstrated understanding of commercial credit principles and strong analytical skills.
• Advanced working knowledge of accounting, financial statements and tax returns, and cash flow analyses, as well as a highly refined ability to make insightful comments relating to a borrower’s current and prospective credit risk profile.
• Strong analytical and problem-solving skills are required. Ability to understand business and industry concepts in order to develop and suggest intelligent, viable solutions to problems.
• Excellent knowledge of banking regulations and prudent commercial lending credit policies.
• Effective oral, written and interpersonal communication skills with the ability to carry out instructions and instruct others, train personnel, interpret complex documents, understand procedures, write reports, correspondence and procedures, and speak clearly to lenders, management and employees.
• Excellent verbal and written communication and interpersonal skills required with ability to present complex and sensitive issues to management.
• Enthusiastic, self-motivated, effective in a dynamic fast-paced environment and willing to demonstrate personal responsibility and accountability.
• Ability to manage multiple tasks concurrently, with a high sense of urgency.
• Works well individually and in teams, shares information, supports colleagues, and encourages participation.
• Flexibility to travel as required.
• Participate in required Bank training, including but not limited to annual BSA / AML / OFAC and Compliance Training.

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 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

Last updated : 2024-02-24