What are the responsibilities and job description for the Corporate Trust Administrator I position at Western Alliance Bank?
Job Title:
Corporate Trust Administrator I
Location:
Houston, TX
What you'll do:
As a Corporate Trust Administration Analyst, you'll be responsible for monitoring and maintaining corporate trust assets that are the collateral in a Collateral Loan Obligation (CLO) or Leverage Finance Facility. You'll maintain our asset database, working with counterparties on discrepancies, processing transactions, and ensuring our database is accurate.- Responsible for various reconciliations including trades, asset characteristics, and internal accounts.
- Participate with technology support teams with systematic process flows and initiatives to improve flows and efficiencies.
- Read and interpret agent bank loan notices to process activity and ensure loan characteristics are accurate.
- Read and interpret Credit Agreements to update loan characteristics. Research global data discrepancies and provide documentation.
- Support the Client Service team in the delivery of accurate asset data for our CLOs and Leverage Finance Facilities in the Corporate Trust Business.
- Manage transfer and Paying Agent responsibilities.
What you'll need:
- 4 years of related experience or similar field.
- High school diploma required; Bachelor's degree in related field preferred.
- Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
- Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Intermediate experience working with Excel.
- Intermediate Solvas or TranStar experience preferred.
- 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!
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
