Western Alliance Bancorporation

Senior Vice President, Sponsor Finance

Western Alliance Bancorporation$182K — $220K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of related experience required.
  • Bachelor's degree or equivalent experience.
  • Advanced knowledge of banking operations including deposit operations and loan administration.
  • Knowledge of regulatory and legal compliance obligations within the banking industry.
  • Expertise in relationship management principles and practices.
  • Strong organizational and time management skills.
  • Exceptional written and oral communication abilities.

Responsibilities

  • Identify target markets for new business development.
  • Negotiate and underwrite complex loans in line with bank policies.
  • Collaborate with treasury partners to ensure excellent client service.
  • Engage in business development and client solicitation activities.
  • Gather and analyze client data to recommend appropriate deposit solutions.
  • Perform preliminary assessments of financial requests for loans.
  • Maintain customer relationship databases and report on business development efforts.

Benefits

  • Competitive salary structure and potential stock options.
  • Comprehensive medical and dental insurance.
  • Generous 401k matching program.
  • Tuition assistance for continued education.
  • Opportunity to participate in volunteer and wellness programs.
  • Gain hands-on experience and insights into successful financial operations.
Full Job Description
Job Title:
Senior Vice President, Sponsor Finance

Location:
Denver, CO

What you'll do:
As a Senior Vice President you'll be responsible for identifying a target market for new business and subsequently developing and establishing a book of new business from those relationships. Key responsibilities include negotiating, underwriting, and coordinating the closing of a variety of major and complex loans in compliance with the Bank's lending policies and procedures; develops business checking and deposit relationships with customers. You'll also be responsible for assisting clients with deposit related products and services, as well as gathering and analyzing client information to recommend appropriate deposit product solutions.
  • Compile and analyze market research data to develop recommendations regarding products and services focused on needs of target market.
  • Engage in business development activities and solicitation of new business based on the target market.
  • Collaborate closely with treasury partner to ensure seamless client experiences.
  • Call and visit target customers to promote and sell Bank products and services to establish a new book of business.
  • Develop and maintain customer data base including calls and results on all new business relationships. Make reports to superiors as required.
  • Interview prospective applicants and requests specified information related to loan or credit application; correspond or re-interview applicants to resolve questions regarding application information.
  • Perform basic pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends.
  • Gather all information necessary to present a financing request to senior management or Loan Committee for approval; meet with new/potential customers; visit sites of loans; negotiate loan terms and conditions; refer and recommend acceptance to the Chief Credit Officer or Loan Committee.
  • Coordinate processing of approved loans; ensure loans are processed according to agreement, customer needs and conform to Bank lending policies; obtain sufficient information and/or documentation from customers; solve problems relative to processing and servicing of loans within the Relationship Manager's portfolio.
  • Maintain a superior knowledge of financial industry status and trends.
  • Recommend to senior management those products and services experiencing less than satisfactory performance.
  • Represent the Bank in various community, civic, and community reinvestment functions to further enhance the Bank's image and develop additional business; assist the Bank in establishing and maintaining market position in the financing arena.


What you'll need:
  • 8+ years of related experience.
  • Bachelor's degree or equivalent experience required.
  • Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Advanced knowledge in all facets of relationship management.
  • Advanced organizational and time management skills.
  • Advanced speaking and writing communication skills.
  • May require up to 50% travel.


Compensation: Salary range for new hires is generally $182,000.00 - $220,000.00 for Denver, CO. 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 Western Alliance Bancorporation

Western Alliance Bancorporation is a bank holding company that provides a range of banking and related services to businesses and individuals. The company was founded in 1994 and is headquartered in Phoenix, Arizona. Western Alliance Bancorporation operates through its subsidiary banks, which include Western Alliance Bank, Bank of Nevada, and Bridge Bank. The company offers a variety of products and services, including commercial and industrial loans, real estate loans, treasury management, and wealth management. Western Alliance Bancorporation is committed to providing exceptional customer service and has received numerous awards and recognitions for its performance and growth.
Learn more about Western Alliance Bancorporation
Size
3,139 employees
Market Cap
$6.2 billion
Industry
Net Income
$506.6 million
5 Year Trend
+18.8%
NASDAQ

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