Credit Analyst, Los Angeles, CA
Western Alliance Bank
Costa Mesa, CAFresher55m agovia LinkedIn
About the Role
This role is an entry-level position within the Commercial Banking Development Program as a Credit Analyst, specifically within the Healthcare Banking team in Los Angeles, CA. The Healthcare Banking team supports middle-market healthcare organizations nationwide, providing credit, treasury management, and other banking solutions.
Key Responsibilities
- Spread, manage, and maintain financial background information on present and prospective customers.
- Develop credit studies for Loan Officers, Chief Credit Officer, and other Executive Management.
- Manage spread assignments.
- Conduct financial analyses.
- Maintain related records and files.
- Prepare a variety of credit department reports.
- Support the Credit Administration team in analyzing credit and collateral information to determine lending risk.
- Collect, organize, and analyze company financials to ensure Bank compliance.
- Update the Bank’s systems accordingly.
- Work directly with clients to resolve compliance issues and operational inquiries.
- Review client financials and perform sensitivity analysis to evaluate credit risk in connection with Bank structures.
- Prepare in-depth reports providing plans of action based on qualitative and quantitative research.
- Collaborate cross-functionally with Bank groups to execute treasury management products, foreign exchange instruments, derivatives, and legal documents.
- Produce loan packages for new and restructured loans.
- Facilitate reporting and requests on behalf of the Bank with third parties (e.g., field auditors, appraisers).
- Monitor loan disbursements to ensure compliance with Bank regulations.
- Gain exposure to healthcare lending, financial analysis, portfolio management, industry research, and client relationship management.
Requirements & Tech Stack
- Completion of an Accounting course.
- Bachelor's degree or equivalent experience.
- GPA of 3.0 or higher.
- Strong analytical, conceptual, communication, leadership, and organizational skills.
- An interest in working in Commercial Banking.
- Ability to self-motivate and work productively without supervision.
- Entry-level speaking and writing communications skills.
Compensation: Hourly range for new hires is generally $33.40 for Los Angeles, CA. Salary amount is determined by specific job location. The role may be eligible for annual bonus/incentives earned.