Credit Analyst, Warehouse Lending
Western Alliance Bank
About the Role
As a Credit Analyst, you will spread, manage, and maintain financial background information on current and prospective customers. You will develop credit studies for Loan Officers, the Chief Credit Officer, and other Executive Management. Your responsibilities will include managing spread assignments, conducting financial analyses, and maintaining related records and files. A key responsibility is the preparation of various credit department reports.
Warehouse Lending is a division of the Specialized Mortgage Servicing Group providing short-term financing to IMBs (Independent Mortgage Bankers) to fund consumer mortgage loans.
Key Responsibilities
- 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, and update Bank 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 with 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, such as field auditors and appraisers.
- Monitor loan disbursements to ensure compliance with Bank regulations.
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 communication skills.
About The Company
Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands: Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank. AmeriHome Mortgage is also a Western Alliance Bank Company.