2027 Commercial Banking Development Program - Credit Analyst - Phoenix, AZ - Specialized Mortgage Services
Western Alliance Bank • Phoenix, AZ • Full Time
Posted on Thu, Oct 1, 2026
Job Title:
2027 Commercial Banking Development Program - Credit Analyst - Phoenix, AZ - Specialized Mortgage ServicesLocation:
BiltmoreWhat you'll do:
As a Credit Analyst you'll be primarily responsible to spread, manage and maintain financial background information on present and prospective customers, and develop credit studies for the Loan Officers, Chief Credit Officer and other Executive Management. You'll manage spread assignments, conduct financial analyses, and maintain related records and files. One of your key responsibilities is the preparation of a variety of credit department reports.Specialized Mortgage Services (SMS) is a specialized lending and financial-services platform that includes Warehouse and MSR Lending, Note Finance, Correspondent Mortgage Services, Treasury Management, and supporting technology and analytics functions. These businesses support mortgage-industry clients through lending facilities, asset purchases, deposit and treasury services, portfolio oversight, and dedicated reporting and technology resources.
Correspondent Mortgage Services (CMS) is a business within SMS focused on acquiring and managing residential mortgage assets, including jumbo mortgages and first-lien HELOC products. Its activities include loan purchasing, underwriting, quality control, trading, portfolio management, analytics, and post-purchase operations.
- Responsible for supporting the Credit Administration team in analyzing credit and collateral information to determine risk involved in lending money to customers. Collecting, organizing, analyzing company financials to ensure Bank compliance, and updates the Bank’s systems accordingly. Work directly with clients to resolve compliance issues and operational inquiries.
- Review client financials and perform sensitivity analysis to evaluate credit risk in connection with Bank structures. Prepare in-depth reports providing plans of action based on qualitative and quantitative research.
- Collaborate cross-functionally with Bank groups to execute treasury management products, foreign exchange instruments, derivatives as well as legal documents. Produce loan packages for new and restructured loans.
- Facilitate reporting and requests on behalf of the Bank with third parties, e.g. field auditors, appraisers, etc. Monitor loan disbursements to ensure compliance with Bank regulations.
What you'll need:
- Completion of an Accounting course.
- Bachelor's degree or equivalent experience required.
- GPA of 3.0 or higher is required.
- Strong analytical, conceptual, communication, leadership, and organizational skills.
- An interest in working in Commercial Banking.
- Ability to self-motivate and work productively without supervision.
- Entry level speaking and writing communications 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, 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
AuditFriendly salary estimate
The employer did not post a salary for this role. Based on AuditFriendly's salary intelligence model (comparable live postings, role, seniority, and location), we estimate base pay of $65,000–$86,000 per year (median ~$65,000). This is an AuditFriendly estimate, not an employer-provided figure.
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What the data says about this job
- Advertised pay for Credit Analyst: a median of $80,500 across 1,528 priced postings. Explore the market
- Western Alliance Bank's roles typically close in 17 days; the market median is 14 days. Time to close
- None of Western Alliance Bank's 11 tracked postings is more than six months old. Posting hygiene
- Western Alliance Bank has 22 internships, co-ops and new-grad roles open. Campus profile
Measured from employers' own postings and public filings. How we measure