Assistant Vice President, Portfolio Management - Special Assets

Western Alliance Bancorporation
dental insurance, tuition assistance, 401(k)
United States, Arizona, Phoenix
Mar 28, 2025
Job Title: Assistant Vice President, Portfolio Management - Special Assets Location: CityScape What you'll do: As a Portfolio Manager - Special Assets you will be responsible for supporting Special Assets Officers in their management of assigned loans. You will be responsible for completing, or coordinating with other team members, financial analysis, summary reports, as well as ordering and reviewing 3rd party and vendor reports. You may be responsible for overseeing and coordinating the work of credit analysts including assigning or managing workflow to ensure quality, accuracy and timely completion. In this role you'll work on the preparation and presentation of a variety of Special Assets department reports. Responsible for supporting the Special Assets team by preparing, organizing, and maintaining working files on assigned assets, requiring knowledge of all loan and real estate documentation. Work with SAG Operations team to close transactions. Calculate amounts owed on loans; prepares/reviews reinstatement and payoff statements, default notices, bankruptcy Proofs of Claim. Perform loan and borrower research on loan servicing systems. Prepares loan assumption, forbearance, and loan modification documents. Order and track all necessary third-party reports such as: appraisals, Broker Opinions of Value, environmental inspections, property profiles, title reports, invoices, etc. Keep Special Assets team updated on relevant trends of specific loans, portfolios or industries. Provide credit information and references for customers, loan officers, or other agencies as requested What you'll need: Bachelor's Degree from a 4-year college or university, and 2 years of experience in Accounting, Financial Analysis, Finance, or related experience Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services. Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices. Intermediate speaking and writing communication skills 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