Senior Credit Risk Review Officer

Company: Disability Solutions
Location: Scottsdale
Posted on: February 5, 2025

Job Description:

Job Title:Senior Credit Risk Review OfficerLocation:ScottsdaleWhat you'll do:This position is responsible for planning and executing multiple credit assurance and advisory services for the Bank's First Line of Defense and oversight functions for the Bank's Second Line of Defense - Credit Risk & Review Group. Specifically, the role of a Senior Credit Risk Review Officer will ensure conformance with all processes of the established credit assurance and advisory program. As a Senior Credit Risk Review Officer on the Bank's Internal Credit Risk Review team, this individual is responsible for executing quarterly continuous credit file examination of assigned reviewable units or risk segments. The Senior Credit Risk Review Officer will perform and lead 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. Additionally, the Senior Credit Risk Review Officer independently monitors credit risk trends within assigned reviewable units or commercial risk segments, attends relevant meetings, and develops and maintains relationships with internal stakeholders responsible for credit approval. This position reports to an Internal Credit Risk Review Assurance Director and is located in one of the following locations: Scottsdale, AZ, Reno, NV, Las Vegas, NV, or Dallas, TX. Internal Credit Risk Review is a department within the Bank's second line of defense for credit risk management known as the Credit Risk & Review Group. The independent Credit Risk & Review Group's mission is to help ensure the financial soundness of the Company by identifying, assessing, and escalating credit risk to the Board and senior management, and to drive continuous improvement in the quality of the bank's credit risk management consistent with the risks and complexities of its loan portfolio. To execute its mission, our Group is organized in two separate, but synergistically collaborative teams comprised of Internal Credit Risk Review and Credit Risk Oversight.

• As Reviewer-in-Charge of assigned reviewable units or commercial risk segments, this role executes continuous quarterly credit file examination activities, ad hoc targeted loan review engagements, and quarterly written analyses of the credit risk 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 the most complex and interlocking 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.
• Analyzes loan reporting and tracking systems and prepares appropriate comments within Credit Risk & Review Group memos and reports.
• In partnership with the Credit Risk Oversight Team (2LOD), Internal Credit Risk Review will review data, perform analyses, and independently assesses documentation for reporting of Allowance for Credit Losses disclosures, concentration and counterparty credit risk for internal and external financial reports including SEC, shareholder, regulatory filings, executive management, and Board of Director reporting packages.
• Reviews individually assessed loan analysis and documentation for impaired loans and restructures for borrowers experiencing financial difficulty.
• Properly evaluates changes or weaknesses within Credit Administration processes or policies.
• Effectively inspires line management and Credit Administration to acknowledge issues and operate with appropriate sense of urgency and focus on their timely clearing of identified deficiencies.
• Provides credit advisory and consultative services particularly with respect to credit risk process enhancements and regulatory expectations, as well as matters involving new policy formulation, policy revisions, credit grading, specific loan loss reserves and new business initiatives.
• Maintains a strong working knowledge of a variety of industries and specialty lines of business (e.g., commercial real estate, equipment leasing, mortgage warehouse lending, gaming, technology, life sciences, HOA, franchise lending, sponsor finance, leveraged lending, etc.).
• Demonstrates an excellent knowledge of regulatory requirements and expectations pertaining to credit risk management.
• Ensures consistent application of enterprise-wide Credit Policy, as well as Internal Credit Risk Review Policies and Procedures.
• Assists in performance and completion of special projects as may be assigned on an ad hoc basis.What you'll need:
  • Experienced credit professional with minimum seven years of commercial credit experience, preferably with a background in commercial credit underwriting and credit risk management.
  • Successful completion of formal credit training program is preferred, but not necessary.
  • Previous credit risk review experience is preferred, but not necessary.
  • Minimum Bachelor's degree in Accounting, Finance, Economics, or a related discipline.
  • Demonstrated understanding of commercial credit principles and strong analytical skills.
  • Advanced working knowledge of accounting, financial statements and tax returns, and cash flow analyses, as well as a highly refined ability to make insightful comments relating to a borrower's current and prospective credit risk profile.
  • Strong analytical and problem-solving skills are required. Ability to understand business and industry concepts in order to develop and suggest intelligent, viable solutions to problems.
  • Excellent knowledge of banking regulations and prudent commercial lending credit policies.
  • Experience reviewing probability of default (PD) and loss given default (LGD) analyses.
  • Effective oral, written and interpersonal communication skills with the ability to carry out instructions and instruct others, train personnel, interpret complex documents, understand procedures, write reports, correspondence and procedures, and speak clearly to lenders, management and employees.
  • Excellent verbal and written communication and interpersonal skills required with ability to present complex and sensitive issues to management.
  • Enthusiastic, self-motivated, effective in a dynamic fast-paced environment and willing to demonstrate personal responsibility and accountability.
  • Ability to manage multiple tasks concurrently, with a high sense of urgency.
  • Works well individually and in teams, shares information, supports colleagues, and encourages participation.
  • Flexibility to travel as required.
  • Participate in required Bank training, including but not limited to annual BSA/AML/OFAC and Compliance Training.Compensation: Salary range for new hires is generally $115,915.00 - $143,185.00 for Reno, NV. Salary range for new hires is generally $115,915.00 - $143,185.00 for Las Vegas, NV. 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, Casa Grande , Senior Credit Risk Review Officer, Accounting, Auditing , Scottsdale, Arizona