Credit Risk Reviewer Officer at Western Alliance Bank in Scottsdale, AZ

Job description

Job Title: Credit Risk Reviewer Officer Location: Scottsdale What you'll do: 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. What you'll need: 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, inclu