Job Description

Job Title:

Vice President, Transaction Management

Location:

Maryland - Remote

What you'll do:

• As a Transaction Manager, you'll be responsible for leading document negotiation with deal parties and representing the Western Alliance Trust Company on new transactions. You'll be responsible for coordinating the onboarding process for new mandated transactions, including but not limited to account setups on our trust accounting system, ensuring timely processing of KYC and serving as a single point of contact for internal compliance and risk partners throughout onboarding. You'll interact directly with the external and/or internal legal groups on all matters regarding legal issues, document standards, and interactions between internal and external parties. The Transaction Manager will work with clients to build relationships and ensure clients have a positive view of the trust company as it relates to account onboarding, deal negotiation, and overall deal execution.

• Act as the central coordinator for client onboarding, deal execution, and lifecycle administration across trust company roles on structured finance transactions, including CLOs, asset-backed lending facilities, municipal project finance, and custodial transactions.
• Laise between clients, various transaction parties and internal and/or external business stakeholders such as legal counsel, underwriters, accountants, analytics, FCC/KYC team, operations and asset administration departments on deal specific structures and issues.
• Coordinate comments and negotiations with internal and/or external counsel, clients, and internal stakeholders ensuring governing documents adhere to the trust company’s document standards. Consult with internal and external legal as needed to resolve any issues or revise document standards.
• When applicable convene the Business Acceptance Committee to present deals that require committee approval. Interact with Corporate Trust (CT) Operations and Client Service Teams to ensure new deals can be supported operationally.
• Build relationships with clients and other deal parties and act as the point of escalation for any deal onboarding issues.
• Stay current on industry developments including regulatory changes, new business trends, etc.

What you'll need:

• 7+ years of related experience.
• Bachelor's degree in related field required.
• Previous corporate trust, structured finance, asset-backed lending, or CLO administration experience strongly preferred.
• Proficiency coordinating across legal, compliance, operations, and technology teams
• Advanced legal document review and interpretation of structured finance agreements
• Advanced knowledge of corporate trust operations, including bond payment operations, loan administration, treasury management and/or other corporate trust products and services.
• Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards, and practices.
• Intermediate to advanced experience using a variety of computer related equipment and software including Microsoft Office Suite.
• Intermediate to advanced experience negotiating complex contracts.
• Advanced speaking and writing communication skills.
• Occasional travel required.

Compensation: Salary range for new hires is generally $121,870.00 - $150,546.00 for Bloomington, MN. Salary range for new hires is generally $129,995.00 - $160,581.00 for Boston, MA. 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, 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 — that remain part of the company’s heritage, as well as AmeriHome Mortgage, 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