"Alerted.org

CRE Division Director

Commercial Banking

Los Angeles,

California

Description

About Us:

At Umpqua, we create a great place to work by offering a unique brand of relationship banking and fostering a culture where associates thrive. We are dedicated to supporting our customers and communities, and we can only achieve this through the dedication of our employees.

We value Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships, and we are eager to meet candidates who embody these core values. We are always on the lookout for results-focused individuals who can think independently, work collaboratively, and support our broader purpose.

Think of us as financial partners, because at Umpqua, we believe the best way forward is together. Together for people. Together for business. Together for better.

About the Role:

Lead and manage the Commercial Real Estate Division throughout the Umpqua Bank footprint. Responsibilities include establishing lending strategies, coordinating procedures and implementing goals to generate new loan production, while maintaining an acceptable level of portfolio risk. Prepare annual budget in conjunction with Senior Executives and monitor and influence operations and financial performance to achieve business unit objectives. Lead coordinated efforts to expand to new markets. Provide support to all Market Managers with direct production responsibilities. Analyze business, industry, financial data and other supporting credit information concerning an applicant’s credit request; identifies key business and financial risks that may impact the repayment prospects by the borrower; derives conclusions supporting the credit recommendation based on documented facts and/or sound judgement.

+ Oversee all lending teams and regions through pipeline review, client and prospect calls, as well as loan review and feedback.

+ Responsible for bottom line performance including exception pricing, expense control, loan structure guidance and successful marketing campaigns.

+ Responsible for providing leadership and motivation that supports the successful expansion of the business unit and ensures adherence to procedures and processes.

+ Direct the overall operations of the loan production platform by providing the processing and administration of commercial real estate loans.

+ Design and maintain lending programs to be competitive while maintaining required returns on equity.

+ Plan and coordinate the annual budget and goal setting process to drive and achieve financial results.

+ Coordinate the allocation of resources through appropriate staffing levels.

+ Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.

+ Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.

+ Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.

+ May be asked to coach, mentor, or train others and teach coursework as subject matter expert.

+ Actively learns, demonstrates, and fosters the Umpqua corporate culture in all actions and words.

+ Takes personal initiative and is a positive example for others to emulate.

+ Embraces our vision to become “Business Bank of Choice”

+ May perform other duties as assigned.

About You:

+ Bachelor's Degree in degree in business, finance or related field or the equivalent in education and experience.(Required)

+ Master’s degree in business, finance or a related field preferred(Preferred)

+ 5-10yearsof management experience including local or regional production offices in commercial real estate or commercialBanking(Required).

+ Proven track record in successful,growth orientedleadership roles supported by loan production numbers.

+ Advanced knowledge of all types of commercial real estate.

+ Extensive understanding of the legal aspects of commercial real estate and commercial real estate lending.

+ Extensive experience with banking regulations, policies, and methods of operation.

+ Ability to create a strong rapport with Executive Management and Credit Quality by utilizing effective collaboration skills.

+ Knowledge of local and regional markets and a large network of real estate industry professionals.

+ Advanced interpersonal, leadership, and management skills required. Proven ability to attract, motivate, and retain a high-performing sales team.

+ Possess both strong credit and marketing skills which will be critical to creating a high level of credibility throughout the organization.

+ Possesses strong computer skills including use of the Microsoft Office suite with the ability to learn new business software, as needed.

Job Location(s): Ability to work fully onsite at the posted location(s).

707 Wilshire Blvd, Suite 4400Los Angeles CA 90017

Travel Type:

Frequent

Our Benefits:

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $209,109.86- $350,000.00, and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Our Commitment to Diversity:

Umpqua Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: **[email protected]** .

To Staffing and Recruiting Agencies:

Our posted job opportunities are only intended for individuals seeking employment at Umpqua Bank. Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.