Sr. Credit Risk Review Officer
Company: Disability Solutions
Location: Scottsdale
Posted on: May 4, 2024
Job Description:
Job Title:Sr. Credit Risk Review OfficerLocation:ScottsdaleWhat
you'll do:This position is responsible for planning and executing
quarterly continuous credit file examination of assigned reviewable
units or risk segments. The Senior Credit Risk Review Officer 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 Senior Credit Risk Review Officer
independently monitors credit risk trends within assigned
reviewable units or commercial risk segments, attends relevant
meetings, and develops and maintains relationships with internal
stakeholders responsible for credit approval. This position reports
to a Credit Risk Review Director and is located in either Phoenix,
AZ, Scottsdale, AZ, Las Vegas, NV, Reno, NV, San Jose, CA, San
Diego, CA, Los Angeles, CA, or Dallas, TX. Credit Risk Review is an
independent credit assurance and advisory team which 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 reviewable units or
commercial risk segments, this role executes continuous quarterly
credit file examination activities, ad hoc targeted loan review
engagements, and quarterly written analyses of the credit risk
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
assesses 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 five 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.
- Experience reviewing probability of default (PD) and loss given
default (LGD) analyses.
- 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
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, Scottsdale , Sr. Credit Risk Review Officer, Accounting, Auditing , Scottsdale, Arizona
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