Full-Time
Senior Relationship Manager
Posted on 12/10/2025
WaFd Bank
Compensation Overview
$160k - $200k/yr
Dallas, TX, USA
In Person
 Finance & Banking (1) |
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- Bachelor's Degree or approved equivalent; completion of courses in finance, accounting and real estate analysis or equivalent training in commercial banking
- Proven negotiating experience required to win, retain and restructure credit and non-credit services, accuracy, strong organizational skills, attention to detail and success working with clients with diverse banking needs
- 7 years of experience as a Relationship Manager or equivalent
- Must have excellent understanding and working knowledge of commercial lending terminology, loan processing, loan documentation and lending procedures
- Self-motivated and production-oriented with a proven ability to win and retain new relationships that meet the risk appetite of the Company
- Engages in business development activities and solicitation of new business prospects; actively involved in instilling and maintaining a positive sales environment through education of the Bank's products and services; maintains active prospecting effort, including identification, qualification and calling; investigates and follows up on significant changes in status of existing customers; consistently balances prospecting efforts and quality customer maintenance responsibilities; meets with customers to discuss needs and outline appropriate Bank services; resolves customer concerns or problems as necessary
- Performs all required portfolio management responsibilities, including but limited to monitoring of the customer's financial reporting requirement and compliance with covenants
- Ensures that all proper due diligence is performed and collects and analyzes financial and related data in order to determine the credit worthiness of the prospect and the merits of the specific loan request
- Establishes, and negotiates as necessary, the terms under which credit will be extended, including the costs, collateral requirements, repayment method and schedule
- Develops and maintains a deep understanding of non-credit products, seeks to uncover opportunities and appropriate solutions to help clients more efficiently manage cash flow
- Stays current on all compliance training and adheres to the Bank's commitment to abide by all Know Your Customer expectations and Bank Secrecy Act regulations
- Develops materials for, and makes loan presentations to, Credit Administration and Senior Loan Committee, as required
- Participates in community affairs to increase the Bank's visibility and enhance new business opportunities
- Serves as a contact for borrowing and non-borrowing clients for matters relating to other bank services,including Work Perks and personal and private banking
- Counsels with and assists in the training and development of Banking Officers, Relationship Managers, Loan Coordinators and Credit Analysts
- Completes special projects, as assigned by Director or DM
- None
Company Size
N/A
Company Stage
IPO
Headquarters
Seattle, Washington
Founded
1917
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.
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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
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.
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.
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.
WaFd Bank announced the appointment of Timothy Chelf as Regional President of California.
WaFd Bank announces promotion of James Weichel to Texas Regional President.