Commercial Credit Officer I

Company: Disability Solutions
Location: Phoenix
Posted on: November 14, 2024

Job Description:

Job Title:Commercial Credit Officer ILocation:CityScapeWhat you'll do:As a Credit Officer you'll be responsible for approving, administering and reviewing loans and loan commitments to ensure that they adhere to existing policy guidelines and that documentation is adequate to ensure security of collateral, providing a "first line of defense" within the Bank's Credit Risk Management framework. You'll oversee primary credit portfolio management and reporting activities consistent with the Bank's policies and procedures. One of your key responsibilities is to build relationships with account officers by assisting in analyzing, underwriting, and managing credits as well as to support the Credit Administration team by expediting the team's prescreening, underwriting and approval process.What we are looking for:

• Reviews large and complex loans prior to submission.
• Communicates with leadership on deal pipeline, portfolio issues and any other material matters.
• Consistently applies good decision making techniques pertaining to inquiries, approvals, requests as they apply to existing policies and procedures, keeping within assigned approval limits and using these instances as learning tools for employee development.
• Assists in reviewing and updating credit policies and procedures. Assures compliance with all Bank policies and procedures, as well as, all applicable state and federal banking regulations.
• Reviews legal documents to ensure accuracy and consistency with approved terms and conditions.
• Performs periodic assessments of concentration limits and concentration risk to local economy and periodic local economic analysis.
• Assists with preparation and review of quarterly portfolio reviews. Oversees loan grading process to ensure loans are properly risk rated.
• Assists in workout credits assigned to the department and prepares LAPSR's for criticized loans, as well as preparing monitoring reports for Watch credits.
• Will assist Loan Officers in the management of weak credits. Performs post mortems on charged off loans.
• Updates and corresponds with legal counsel and collectors on workouts, bankruptcies, and charge-offs to ensure all possible precautionary actions or measures are taken.
• Work directly with the Bank's overall Portfolio Credit Risk Management function providing data inputs, quality control correction and feedback, dashboard reporting, and execution of corporate efforts surrounding Credit Portfolio Stress Testing, Dual Risk Rating procedures, concentration management and related Portfolio Credit Risk Management processes.
• May lead and develop a team; responsible for hiring, coaching, performance management, training and development.Qualifications
  • Bachelor's degree or equivalent experience in related field
  • Experience in dealing with credit for the VC and Sponsor sectors of commercial lending.
  • Six (6) years of direct, related experience
  • Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Advancedknowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Strong speaking and writing skills for external and internal audiencesBenefits 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, Peoria , Commercial Credit Officer I, Accounting, Auditing , Phoenix, Arizona