Full-Time

President

Posted on 3/13/2025

WaFd Bank

WaFd Bank

Compensation Overview

$210k - $270k/yr

Irvine, CA, USA

In Person

Category
Finance & Banking (1)
Required Skills
Risk Management
Requirements
  • Bachelor’s degree in business, Finance, or a related field; MBA or advanced degree preferred.
  • Minimum of 10 years of experience in Bank management.
  • Must be a self-starter and production-oriented with demonstrated superior administrative skills, as well as motivational and training ability to grow C&I and Deposit business within the region.
  • Strong understanding of financial products, services, and regulations.
  • Must be knowledgeable in commercial banking practices, with a solid grasp of fundamentals for evaluating business opportunity and profitability.
  • Exceptional leadership and team management skills, with the ability to inspire and motivate others.
  • Excellent communication and interpersonal skills, with the ability to build relationships at all levels.
  • Strategic thinker with strong analytical skills and the ability to make data-driven decisions.
  • Demonstrated ability to manage risk and ensure compliance in a highly regulated industry.
Responsibilities
  • The Regional President has the autonomy to lead the development and growth of WaFd Bank in the Region, within established bank policies. This includes direct responsibility for the Commercial C&I teams and Business banking groups within the region. Work closely with Executive Director for guidance.
  • Develop an annual strategic plan for the region to meet or exceed goals for revenue, performance, pipeline management, production, and consistency in the client experience. Effectively communicate strategy and progress quarterly with Executive Director.
  • Engage in client calls with team, to teach and grow your commercial bankers and Business Banking DM’s. It is expected that you will spend at least 30% of your time in the field doing these activities.
  • Engage in active client management by knowing, understanding, and developing a working relationship with the top Business Banking clients within the region; be fully engaged with these significant clients.
  • Develop and implement an active sales management program by conducting pipeline meetings; reviewing forecasting loans to close and develop and implement an active calling plan. Review plans and forecast monthly with Executive Director. RP’s will have an “in the field” expectation of at least 50% of their time.
  • Play an active role in the quality of the region’s loan portfolio. Review “past dues”, changes, charge offs and matured loans.
  • Be familiar with the Bank’s loan policies, regulatory and compliance requirements; ensure region is meeting the Bank’s compliance standards, including Bank Secrecy Act.
  • Provide leadership for the region; create a “one bank, one team” approach by being very visible in the market, using true servant leadership skills. Provide a clear and consistent vision; solves problems and removes roadblocks.
  • Actively involved in the community in a leadership capacity.
  • Support and participate in the Bank’s CRA efforts and meets established market goals.
  • Oversee the region’s staffing needs; empowered to act if changes are needed; develops succession planning and cross training for key positions within the region; partners with Corporate HR.
  • Accountable to performance metrics and measurements for the region that are based on the key performance indicators (KPI’s) which are set with Executive Directors.
  • Perform other job duties as assigned.
Desired Qualifications
  • MBA or advanced degree preferred.

Company Size

N/A

Company Stage

IPO

Headquarters

Seattle, Washington

Founded

1917

Your Connections

People at WaFd Bank who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Q1 2026 revenue hit $197.4 million, beating estimates by 3.6%.
  • Net interest margin expanded to 2.8%, surpassing 2.7% forecasts.
  • Efficiency ratio improved to 55.7%, under 56.3% analyst expectations.

What critics are saying

  • Q4 nonaccrual CRE loans from tariffs trigger credit losses now.
  • 90.9% net interest income reliance compresses margins on $800M borrowings.
  • Fintechs like LendingClub erode SBA small business lending share rapidly.

What makes WaFd Bank unique

  • SBA Preferred Lender status streamlines small business loans uniquely.
  • Erin Hill's BNY Mellon and JP Morgan expertise bolsters board governance.
  • Regional presidents appointed for California and Texas expansion.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Company Match

Paid Parental Leave

Life Insurance

Long-term Disability

Tuition Reimbursement

Employee Assistance Programs

Pre-tax Health and Dependent-Care Spending Plans

Stock Options

Bonus Programs

Company News

Business Wire
Mar 2nd, 2026
WaFd Bank appoints Erin Hill to board of directors

WaFd Bank has appointed Erin Hill to its board of directors. Hill brings over 30 years of executive leadership experience in financial services, corporate governance, audit and risk management. Hill currently serves as executive director of the Financial Accounting Foundation, parent organisation of FASB and GASB. Previously, she held senior roles at BNY Mellon as chief administrative officer and at JP Morgan Chase as head of consumer banking and wealth management, overseeing 50,000 employees across 5,500 branches. She began her career as an auditor at Arthur Andersen and practised corporate law at Wachtell, Lipton, Rosen & Katz. Hill holds a JD from Columbia Law School, an MBA from Columbia Business School, and a BS in accounting from Fordham University.

Yahoo Finance
Jan 22nd, 2026
WaFd Bank Q4 revenue misses estimates at $188M despite 7.6% growth

WaFd Bank reported fourth-quarter revenue of $188.3 million, missing analyst estimates of $193.3 million despite 7.6% year-on-year growth. Adjusted earnings per share of $0.75 met expectations, whilst adjusted operating income of $79.1 million fell 3.4% short of forecasts. The bank's net interest margin of 2.7% faced pressure from elevated nonaccrual loans and a shift towards lower-yielding mortgage-backed securities. CEO Brent Beardall attributed the revenue increase to stronger commercial and industrial lending and disciplined expense control. Analysts questioned management about $800 million in maturing borrowings, which will be replaced with current borrowers at potentially lower rates. Two new commercial and industrial nonaccruals were disclosed, involving a manufacturing business and commercial real estate entity affected by market and tariff pressures.

AIPredictStock
Oct 13th, 2025
WaFd (WAFD) Battered Stock Flashes Reversal Signals as AI Predicts a Sharp Rebound

WaFd (WAFD) battered stock flashes Reversal signals as AI predicts a sharp rebound. WaFd (WAFD): battered stock flashes Reversal signals as AI predicts a sharp rebound. A timely boost from a new business line. Just as the stock was struggling, WaFd delivered a piece of genuinely good news. The company announced that its banking arm, WaFd Bank, has been designated a Preferred Lender by the U.S. Small Business Administration (SBA). This isn't just a press release; it's a meaningful operational upgrade. This status allows the bank to streamline its SBA loan process, potentially opening up a more robust revenue stream from small business lending. In a market that has been punishing the stock, this fundamental development provides a fresh reason for optimism. The anatomy of a pullback. Looking at the chart tells a clear story of a stock that lost its way. After a strong run-up in August that pushed the price toward $32, WAFD has been in a steady retreat for over a month. The selling pressure intensified in late September and early October, driving the stock all the way down to its current level of $28.61. This decline erased the entire late-summer rally. The technical picture is a mix of conflicting signals. Bearish indicators like a negative DMI and a recent MACD "death cross" confirm the recent weakness. However, other signs suggest the selling might be overdone. The price is now sitting right on a lower Bollinger Band, a classic technical support level. More strikingly, trading volume has exploded, hinting that buyers are stepping in with force at these lower prices. | Metric | Status | Indication | | Recent Trend | Downtrend | Bearish | | MACD | Crossover Below Signal | Bearish | | Bollinger Bands | Price at Lower Band | Potential Reversal (Bullish) | | On-Balance Volume | Major Surge | Strong Buying Pressure (Bullish) | This creates a tense setup. The established trend is down, but the evidence for a bounce is becoming hard to ignore. The digital crystal ball: why AI sees a sudden rally. While the recent price history looks grim, the forward-looking AI forecast is pointing in the exact opposite direction. The predictive model is not just hopeful; it's projecting a significant and immediate move higher with a high degree of confidence. Beyond this immediate pop, the model projects a continued upward trend with a potential target price of $32.00. This forecast, combined with the positive SBA news and the technical signs of a bottom, forms the core of the bullish case. It suggests that the recent sell-off may have been an overreaction, creating an opportunity before the rest of the market catches on. The bottom line. WaFd presents a compelling, if not complex, scenario. The company's fundamentals show some weakness, with negative revenue growth and low return on equity, which helps explain the recent stock price decline. However, the situation appears to be at an inflection point. A new, positive catalyst (SBA Preferred Lender status) has emerged just as the stock has fallen to a key technical support level. This is happening at the same time a high-confidence AI model is forecasting a sharp, imminent rebound. For investors comfortable with a medium-term horizon (1-3 months) and who can tolerate some risk, this could represent an interesting entry point. The strategy would be to act on the convergence of these bullish signals while respecting the underlying bearish trend. A cautious approach might involve entering a position near the current price, with entry points clustered between $28.68 and $28.82. A stop-loss order set at $25.74 would offer protection if the support level breaks and the downtrend resumes. A preliminary take-profit target could be set at $29.17 to capture the initial bounce forecasted by the AI. Disclaimer: This report is for informational purposes only and does not constitute financial, investment, or trading advice. The analysis is based on the data provided and is not a guarantee of future performance. All investing involves risk, including the possible loss of principal. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

The Press Democrat
Sep 17th, 2025
NBBJ Wine Business

WaFd Bank announced the appointment of Timothy Chelf as Regional President of California.

The Rockwall Times
Aug 18th, 2025
WaFd Bank announces promotion of James Weichel to Texas Regional President

WaFd Bank announces promotion of James Weichel to Texas Regional President.

INACTIVE