Assistant Vice President, Portfolio Management

Company: Disability Solutions
Location: San Diego
Posted on: May 18, 2024

Job Description:

Job Title:Assistant Vice President, Portfolio ManagementLocation:Kearny MesaWhat you'll do:This position will handle all aspects of portfolio management for the Bank's Small Business and Consumer loan portfolio, and will assist, mentor, and train other employees on appropriate servicing responsibilities. The incumbent will perform all portfolio management tasks for the BCLC Lending Loan Portfolio, including monitoring the overall portfolio health, past dues, financial and insurance ticklers, Periodic Reviews per Bank and BCLC policies and procedures, reassessment of risk grades, servicing actions, and communication with BCLC Credit Administration on credits.What we are looking for: What you will do:

• Ensures proper portfolio management oversight is followed per BCLC Standard Operating Procedures and Bank policies, including monitoring and collecting past dues/delinquencies, monitoring the matured loan report, performing servicing actions, and completing BCLC required notices.
• Serves as a resource for answering questions and/or a general sounding board on the BCLC lending programs and post close issues.
• Completes periodic reviews for each existing BCLC loan which may include business and personal financial analysis, credit monitoring, credit analysis, lien perfection, property value research, industry comparisons, identifying risks and mitigating factors, and recommending loan grading.
• Performs additional portfolio management responsibilities, including tickler management and financial statement collections.
• Works directly with customers and third parties to obtain information needed to perform annual reviews, modifications, tickler item collection, post-close documentation exception management, and complete servicing actions.
• Serve as a resource, offering comprehensive product information and guidance to both customers and internal partners.
• Collaborate closely with internal referral partners to effectively originate loans, ensuring a seamless transition from initial inquiry to application submission to funding. Play a role in the sales process by actively assisting in the collection and organization of financial information from clients, to help advance loans towards the underwriting stage.What you will need:
  • Bachelor's degree in Business, Accounting or Finance preferred. High school diploma or equivalent and eight (8) years of related experience required, including a minimum of three (3) years of experience in BCLC portfolio management.
  • Experience in commercial loan documentation preferred.
  • Proven underwriting experience with a demonstrated track record of managing credit risk.
  • Experience in business and personal financial spreading and can articulate the key financial trends, borrower, guarantor, and global cash flows along with the key non-financial risks of the credit into a well-organized narrative credit analysis with little to no guidance necessary.
  • Excellent communication and interpersonal skills.
  • Strong organizational and time management skills and ability to work independently to meet deadlines while managing multiple projects and processes.
  • Familiarity with all federal and state banking regulations pertaining to lending and consumer compliance, including fair lending laws.
  • Must be a creative and solution-oriented problem solver/decision maker who is able to solve complex problems while adhering to prudent credit management practices, credit policies, regulations, and bank goals.
  • Must be flexible and willing to take-on projects and responsibilities outside the primary scope of position.
  • Adopts an anticipatory rather than reactionary approach to managing credit and process risk.
  • Able to obtain and maintain a comprehensive knowledge of the BCLC lending program.Compensation: Salary range for new hires is generally $95,585.00 - $118,076.00 for San Diego, 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, Oceanside , Assistant Vice President, Portfolio Management, Executive , San Diego, California