Western Alliance Bank

Real Estate Loan Officer II

Req No.
2017-3565
Alliance Bank of Arizona
Category
Commercial Real Estate Lending
Type
Regular Full Time
Phoenix

Overview

The position of Senior Real Estate Loan Officer is responsible for soliciting, negotiating, underwriting and coordinating the closing of major and complex residential, SBA, construction and commercial real estate loans in compliance with the Bank’s lending policies and procedures; develops business checking and deposit relationships with customers; and promotes business for the Bank by maintaining good customer relations and referring customers to appropriate staff for new services. The position of Senior Real Estate Loan Officer is responsible for attaining established Bank and department goals through active participation in sales management and officer call programs, and provides leadership, training and support to less experienced loan officers and other staff members. Performs direct supervisory duties of department staff, coordinates staff for coverage in all related areas of the department.

 

Assures compliance with all Bank policies and procedures, as well as, all applicable state and federal banking regulations.

Responsibilities

  • 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.
  • 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.
  • 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.
  • Authorizes commitment, engagement, action and decline letters.
  • Contributes to the overall profitability of the department and Bank; implements costs controls, income generation, and department and Bank marketing efforts; monitors expenses to ensure compliance with budget.
  • Reinforces the application of superior customer service through his or her own example along with appropriate follow through with involved customers and employees.
  • Consistently applies good decision making techniques pertaining to inquiries, approvals, requests as they apply to existing policies and procedures, keeping within assigned approval limits and using these instances as learning tools for employee development.
  • Understands business implications of decisions; displays orientation to profitability, demonstrates knowledge of market and competition; aligns work with strategic goals.
  • Plays a major role in the development and growth of department staff through excellent communication skills, both verbal and written, along with strong delegation skills assuring a highly cross-trained staff.
  • Assists Chief Real Estate Officer with personnel actions including performance appraisals, disciplinary actions, and interviewing candidates for employment; including, but not limited to, effective delegation of assignments, developing work schedules and providing necessary training.
  • Verifies funds with mortgage companies and contractors.
  • Develops and maintains knowledge of financial industry, economy, market conditions, rates, vendors and competition.
  • Represents the Bank in various community, civic, and community reinvestment functions to further enhance the Bank’s image and develop additional business; assists the Bank in establishing and maintaining market position in the financing arena.
  • Reviews NSF and overdraft reports for customers assigned within his or her portfolio; approves or declines such exceptions within established lending limits.
  • Provides deposit and loan account ratings.
  • Cross-sells the Bank’s other products and services, referring customers to appropriate staff as indicated.
  • Updates and corresponds with legal counsel and collectors on workouts, bankruptcies, and charge-offs to ensure all possible precautionary actions or measures are taken.
  • Directly responsible in meeting annual deposit and loan growth goals assigned by senior management.
  • Provides leadership and training to less experienced loan officers and other staff members.
  • Participates with senior management with developing, analyzing and finalizing major and complex loan agreements with representatives of large businesses; participates in various internal committees assigned by senior management.

Qualifications

  • Bachelor’s degree (BA) or equivalent from a four (4) year college or university and Minimum of five (5) years or more related experience and/or training; or the equivalent combination of education and experience.
    • Work related experience should consist of a financial and/or credit analysis or commercial lending background.
    • Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related.
    • Advanced 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.
  • Mastered experience, knowledge and training in all lending activities and terminology.
  • Mastered knowledge of commercial, construction, real estate and consumer loan processing.

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