Western Alliance Bank · 3 days ago
Senior Director Underwriting
Dallas, TX
Full-time
Onsite
Director/Executive
$163K/yr - $201K/yr
15+ years expWestern Alliance Bank is a subsidiary of Western Alliance Bancorporation, and they are seeking a Senior Director of Underwriting to lead and execute underwriting and appraisal functions across various business lines. The role involves managing underwriting teams, ensuring compliance with regulations, and driving process improvements to enhance productivity and customer service.
BankingFinanceFinancial Services
Responsibilities
Build, lead, and empower high-performing credit operations teams that balance sales, underwriting, and risk. Set departmental goals and ensure robust controls and procedures for timely, accurate underwriting, appraisal, and reviews, while maintaining a focus on credit quality, service, and efficiency. Manage and develop underwriting leadership and staff, including Underwriters, Underwriting Managers, and the Scenario Desk team. Serve as a credit SME for conventional, government, and non-agency loans, making decisions on complex loan scenarios escalated by internal teams and external partners. Monitor and manage underwriting pipelines, SLAs, and productivity metrics
Drive operational strategy and capacity planning for Correspondent and Retail Lending divisions, aligning staffing and resources with production and financial goals. Lead process improvement initiatives to enhance service levels, reduce cost per loan, and maintain loan quality. Maintain a thorough understanding of AmeriHome’s underwriting and regulations in accordance with mortgage lending. Analyze transactions and assist in structuring transactions to contain AmeriHome’s credit risk within acceptable parameters
Partner with product and technology teams to design and deploy new products and digital capabilities—specifically automation and AI tools—that enhance underwriting performance and consistency as well as boost efficiency, reduce cycle times, and improve lender/clients or borrower experience per channel. Ensure alignment with Western Alliance Bank’s credit risk framework, and actively promote AmeriHome’s culture of customer service, quality, and innovation
Identify and leverage strategic opportunities by utilizing existing resources and relationships with clients and business partners. Participate in strategic planning and execution to meet divisional goals and provide regular reporting and performance metrics in Monthly Business Reviews. Promote a culture of innovation, customer service, and continuous improvement across all underwriting teams. Recruit, coach, and mentor underwriting staff to build a culture of excellence, accountability, and continuous learning. Ensure all underwriting procedures are current and reflect evolving regulatory and investor requirements
Lead and develop a team; responsible for hiring, coaching, performance management, training and development
Qualification
Required
15+ years of related experience in Residential Mortgage Loan Underwriting
Bachelor's degree in related field required; Masters or MBA in related field preferred
8+ years of experience in residential mortgage underwriting management, with at least 5 years in a senior leadership role preferred
Must have experience with digital mortgage platforms and automation tools
Advanced knowledge of residential mortgage industry in Correspondent or Retail Lending, including sales, operations, capital markets and/or other residential mortgage products and services
Advanced knowledge of applicable federal and state regulatory and legal compliance obligations, rules and regulations, industry standards and practices, including TRID, ECOA, HMDA, FCRA, Flood, HOEPA, HPML, Appraisal, ATR/QM, TCPA, UDAAP, and Fair Lending
Advanced knowledge or applicable regulatory and legal obligations, rules, and regulations, industry standards and practices
In-depth knowledge of mortgage loan products, lending principles and regulations
Extensive understanding of mortgage lending principles and underwriting guidelines, including FHA, VA, and conventional loans, loan processing and automated underwriting systems
Working knowledge of mortgage lending principles and underwriting guidelines including self-employed borrowers, partnership, corporation tax return analysis, appraisal reviews, condo project reviews, Trust, Leasehold and Power of Attorney documentation
Advanced experience with mortgage banking technology, including Encompass (LOS), AUS, core systems, and MS Office products
Advanced speaking and writing communication skills
Direct Endorsement (DE) or Staff Appraisal Reviewer (SAR) designation is required
Occasional travel required
Preferred
Masters or MBA in related field preferred
8+ years of experience in residential mortgage underwriting management, with at least 5 years in a senior leadership role preferred
Benefits
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
A wellness program
Company
Western Alliance Bank
Western Alliance Bank is a banking firm that offers commercial and business banking solutions.
Founded in 1994Phoenix, Arizona, USA
1001-5000 employees
H1B Sponsorship
Western Alliance Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (42)
2024 (30)
2023 (49)
2022 (28)
2021 (13)
2020 (10)
Funding
Current Stage
Public CompanyTotal Funding
$400M2025-11-19Post Ipo Debt· $400M
2005-06-30IPO
Leadership Team
Vishal Idnani
Chief Financial Officer
Tim Boothe
Chief Operating Officer
Recent News
2025-12-12
Company data provided by crunchbase