Credit Risk Reviewer Officer

Credit Risk Reviewer Officer

Scottsdale

This position is responsible for supporting the Credit Risk Review team in leading continuous quarterly credit file examination activities, processing loan review engagements, and executing quarterly analyses of the credit quality trends of the loan portfolios 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 and portfolio management. This position reports to a Credit Risk Review Director, Senior Manager, or Manager and is located in either Phoenix, AZ, Scottsdale, AZ, Las Vegas, NV, Reno, NV, 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.

• →Participates in continuous quarterly credit file examination activities and 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 assesses 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.
• →Develops and maintains a strong working knowledge of a variety of industries including specialty NDFI lending segments (e.g., Mortgage Warehouse / MSR Lending, Note Finance, Lender Finance, Fund Banking, 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 Policy and Procedures.
• →Assists in performance and completion of special projects as may be assigned on an ad hoc basis.

• 3 + years of experienced credit professional with minimum three years of commercial credit experience, preferably with a background in commercial credit underwriting and credit risk management.
• Bachelor's degree in Accounting, Finance, Economics, or a related discipline.
• Successful completion of formal credit training program is preferred, but not necessary.
• Previous credit risk review experience is preferred, but not necessary.
• Demonstrated understanding of commercial credit principles and strong analytical skills. 
• Entry level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Entry level to intermediate 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.
• Entry level to intermediate 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.
• Entry level to intermediate 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.
• Intermediate 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 $94,620.00 - $116,883.00 for Reno, NV. Salary range for new hires is generally $94,620.00 - $116,883.00 for Las Vegas, NV. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.