Credit Risk Review Officer II
Company: Disability Solutions
Location: Scottsdale
Posted on: October 5, 2024
Job Description:
Job Title:Credit Risk Review Officer IILocation:ScottsdaleWhat
you'll do:This is a dual role position responsible for,
1)Performing tasks that increase the data-driven operational
successes of the department.The Credit Risk Review Officer II will
perform activities that develops analysis and reporting tools to
evaluate and provide oversight of the bank's Concentration and
Counterparty activities, controls, and reporting, primarily the
bank's peer bank comparison assessments.2)Executing quarterly
continuous credit file examination of assigned reviewable units or
risk segments. The Credit Risk Review Officer II will perform
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 Officer II 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 a Credit Risk & Review Group
Senior Manager or Director and is in either Scottsdale, AZ, Las
Vegas, NV, San Jose, CA, San Diego, CA, Los Angeles, CA, or Dallas,
TX. Credit Risk & Review Group 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:
- Reports primarily to the Credit Risk Management Review Director
and secondarily to the Internal Credit Risk Review Assurance
Director.
- As part of 2LOD Oversight functions, this role executes tasks,
mostly quarterly, that increases the data-driven operational
successes of the department, using tools such as SQL, Excel,
Tableau, Capital IQ, and Power Point within Credit Risk & Review's
(CR&R) Concentration and Counterparty 2LOD oversight
function.
- Creates data visualizations (dashboards and reports) as the
department sees fit, that are easy-to-read and insightful.
- Assists in performance and completion of special projects
related to data analysis as may be assigned by CR&R Team
Leaders on an ad hoc basis.
- Executes certain departmental administrative functions and
reporting.
- As part of Internal Credit Risk Review, this role participates
in 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 complex 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.
- 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 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 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 three 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.
- 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.
- Solid 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.
- 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, draft reports, correspondence, and procedures, and
speak clearly to lenders, management, and employees.
- Good 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.Compensation: Salary range for new hires is generally
$115,395.00 - $142,959.00 for San Jose, CA. Salary range for new
hires is generally $94,620.00 - $116,883.00 for Las Vegas, NV.
Salary range for new hires is generally $107,395.00 - $132,661.00
for San Diego, CA. Salary range for new hires is generally
$107,395.00 - $132,661.00 for Los Angeles, 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
Keywords: Disability Solutions, Gilbert , Credit Risk Review Officer II, Accounting, Auditing , Scottsdale, Arizona
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