Student or Entry-Level Job

Loan Officer II

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Western Alliance Bancorporation
Posted: November 15 2016
Application Deadline: No Deadline
Position: Paid

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Description

Job Description
Overview: The position of Loan Officer II is responsible for underwriting and coordinating the closing of difficult residential, equipment, SBA, commercial building and business loans in compliance with the Bank's lending policies and procedures. The primary role of this position is to underwrite and coordinate the closing of difficult loans as described above; however, may be responsible for soliciting and negotiating loans in a secondary role is desired.

The Loan Officer II is also responsible for developing business checking and deposit relationships with customers; and promote business for the Bank by maintaining good customer relations and referring customers to appropriate staff for new services.

Responsibilities:
  • Interviews prospective applicants and requests specified information related to loan or credit application; corresponds or re-interviews applicants to resolve questions regarding application information.
  • Performs pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends.
  • Gathers and analyzes all information necessary to present a financing request to senior management or Loan Committee for approval; meets with existing or potential customers; visiting sites of loans; negotiates loan terms and conditions; approves loans within established lending limits or refers and recommends acceptance to the Chief Credit Officer or Loan Committee.
  • Secondary Responsibility: Engages in business development activities and solicitation of new business; actively involved in instilling and maintaining a positive sales environment through education of the Bank's products and services.
  • Coordinates processing of approved loans; ensures loans are processed according to agreement, customer needs and conform to Bank lending policies; obtains sufficient information and/or documentation from customers; solves problems relative to processing and servicing of loans within his or her portfolio; approves loan disbursements in accordance with agreements.
  • Ensures that credit inquires and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved.
  • Ensures that certification or deletion of collateral is made by the appropriate personnel.
  • Negotiates, underwrites and processes renewals of credit facilities.
  • Approves loan payments, draws from lines of credit, and fund transfers within specified limits.


Qualifications:
  • Bachelor's degree (BA) or equivalent from a four (4) year college or university and two (2) or more years related experience and/or training or the equivalent combination of education and experience.
    • Work related experience should consist of financial analysis or lending background.
    • Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related.
  • Intermediate experience, knowledge and training in financial statement and tax return analysis typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas.
  • Intermediate experience, knowledge and training in all lending activities and terminology.
  • Intermediate knowledge of commercial, construction, real estate and consumer loan processing.
  • Intermediate knowledge of related state and federal lending and compliance regulations, and other Bank lending policies
  • Ability to develop marketing and business development skills with customers.


How To Apply

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