Assistant Vice President, Portfolio Management - Public / Non Profit

Job Title:

Location:

What you'll do:

• Partner with the Vice President, Head of Portfolio Management to oversee a portfolio of municipal credits, ensuring ongoing compliance with credit policies and covenants.
• Conduct regular credit reviews and in-depth surveillance on assigned municipal issuers, including analysis of audited financial statements, budgets, debt service schedules, rating agency reports, and market developments.
• Maintain and update internal credit risk ratings and models to reflect current performance and outlook.
• Identify and escalate potential problem credits or adverse trends and recommend strategies for remediation or risk mitigation.
• Prepare and present periodic portfolio reports and updates to senior management and committees.
• Monitor macroeconomic, political, and legal developments that may impact municipal issues and proactively assess implications for the portfolio.
• Serve as the primary internal contact for day-to-day portfolio-related matters, coordinating with Relationship Managers, Credit Administration, and other internal stakeholders.
• Engage with external parties such as rating agencies, bond counsel, and municipal advisors as needed to gather information and support portfolio decisions.
• Perform special/ad hoc projects to support the municipal finance team's objectives and enhance portfolio management processes.

What you'll need:

• 2+ years of related experience in Portfolio Management or similar field.
• Bachelor's degree or equivalent experience required.
• Entry level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Entry level to intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Entry level to intermediate knowledge of commercial credit and loan structuring, and pricing dynamics. Credit analyst training completed.
• Intermediate speaking and writing communication skills.

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