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Credit Underwriting & Portfolio Manager - Hotel Lending

Western Alliance Bancorporation
dental insurance, tuition assistance, 401(k)
United States, Arizona, Phoenix
Nov 27, 2024

Job Title:

Credit Underwriting & Portfolio Manager - Hotel Lending

Location:

CityScape

What you'll do:

As a Director in the Hotel Franchise Finance group, you will be in a senior-level leadership position responsible for executing the division's strategic plan. You'll lead a group of Underwriters, and Portfolio Managers and work in concert with Loan Originators to expand market share, grow the loan portfolio, and deepen the relationships with our customers. This is accomplished by ensuring the group sources, underwrites and maintains well-structed hotel loans. Loans are primarily originated to be held on the bank's balance sheet.
You'll be responsible for facilitating the growth and development of the portfolio of the Hotel Franchise Finance business line.
Your time will be devoted to supporting your team in credit structuring, portfolio health management, and market dynamics responsiveness.

What we are looking for:

  • Responsible for supporting the Head of Hotel Franchise Finance in executing the platform's strategic plan and support the team's efforts to grow the loan portfolio. This leader will be measured on the team's success in meeting sales objectives, maintaining portfolio health, and managing market dynamics.
  • Oversee a team responsible for loan underwriting, portfolio management and loan closing.
  • Work with the Loan Originators/Relationship Managers to discuss lending prospects, customers, business plans, loan terms and strategy.
  • Monitor the loan portfolio and work with the Relationship Manager, Portfolio Manager and Credit personnel to pro-actively address deteriorating loan performance and mitigate risk from market developments. E
  • Execute the tactical strategy outlined by the Head of Franchise Finance regarding hotel loan pitches and negotiation of term sheets and loan documents.
  • Assist with the credit structuring process, customer assessment, and presentation to senior and divisional loan committees.
  • Ensure the timely and accurate collection of regular loan reporting data from borrowers.
  • Fosters strong, healthy working relationships with executive and senior leaders in partner departments (including Credit Administration, Risk Management/Compliance, Loan Administration, and other internal support departments, and third-party services), and facilitates team's contribution to and compliance with technical processes and requirements, risk mitigation, efficiency, and customer service.

Qualifications

  • Bachelor's degree from a four-year college or university and ten (10) or more years of related experience and/or training; or a combination of experience and education related to the finance industry.
  • Advanced knowledge of hotel loan underwriting and portfolio management.
  • Advanced knowledge of commercial credit and loan structuring, pricing dynamics and has market specific awareness.
  • Knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Strong speaking and writing skills for internal and external audiences

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

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