Covenant Team Lead

Job Description

Job Title:

Covenant Team Lead

Location:

Carmel Valley

What you'll do:

As a Team Leader in the Covenant Compliance Group, you will be in a leadership role responsible for supporting a team of Credits Analysts who support our Lending and Deposit Sales teams. Your team is responsible for performing pre-qualification assessments and analysis of financial condition and risk of financing requests, gathering all information necessary to present a financing request to senior management or Loan Committee for approval. The Team Leader role will work directly under a Supervisor of the Covenant Compliance Group, and will work in a supporting/assisting capacity. Western Alliance uses a team-based approached to portfolio management and so you'll work with a team that includes commercial bankers, business development officers, and credit analysts and partners from credit administration, loan administration, and credit risk review.

What we are looking for:

  • Reviews the work from Portfolio Managers, including loan presentations, rating reviews, credit applications, financial analysis, extension of credit limits, action plans, provisional risk scoring and usual portfolio management requirements.

  • Oversees the identification of risks issues, close monitoring of and reporting on the status of the borrower and underlying project conditions, including escalating to appropriate departments where appropriate.

  • Supervises a variety of general portfolio management activities, including timely monitoring of due dates for credit applications, borrower ratings, covenants, undertakings, collateral checks, KYC and compliance requirements in order to mitigate credit risk to the Bank.

  • Prepares regular reports including but not limited to credit conditions and instructions, monitoring reports, presentations to management or credit committee.

  • Coordinates processing of approved loans; ensures loans are processed according to agreement, customer needs and conform to Bank lending policies; obtains sufficient information and/or documentation from customers; solves problems relative to processing and servicing of loans within the portfolio.

  • Supports projects related to maintaining and improving internal credit and loan administration policies and procedures.

  • Leads and develops a team; responsible for hiring, coaching, performance management, training and development

Qualifications

  • Bachelor's degree (BA) from a four (4) year college or university, and minimum of three (3) years or more related experience and/or training; or the equivalent combination of education and experience.

    • Work related experience should consist of an in-depth background in financial statement analysis.

    • Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be applicable to the financial industry.

  • Advanced knowledge of general banking operations, including loan administration, and/or other commercial banking products and services.

  • Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.

  • Ability to spread large, complex financial statements and tax returns and complete cash flow forecasting.

  • Ability to make pertinent comments relating to the current credit risk as reflected by the spread.

  • Demonstrate strong analytical and project management skills for a variety of tasks or projects.

  • Ability to deal with difficult problems involving multiple facets, variables in non-standardized situations.

  • Strong speaking and writing skills for internal and external audiences

  • Previous leadership experience preferred, but not required

  • Occasional travel required

Compensation: Salary range for new hires is generally $93,000.00 - $112,000.00 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


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 recruiter@westernalliancebank.com or call (602) 797-3662.

 

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