Western Alliance Trust Company, N.A. Now Serving Clients Nationwide

December 23, 2022

Experienced team offers corporate trust services, including securities custody services, levered loan facility administration and loan administration. CLO Trustee Services to follow in 2023

PHOENIX – Western Alliance Trust Company, N.A., today announced that it has begun providing corporate trust services to clients nationwide, delivered by a dedicated team of industry veterans with decades of big-bank securities custody, collateralized loan obligation (CLO) and levered loan administration expertise. The company is an affiliate of Western Alliance Bank, one of the country’s top-performing banking companies.

“Western Alliance Trust Company clients will receive high-touch customer service from industry experts, backed by a state-of-the-art technology solution that delivers a best-in-class experience,” said Alex Tsarnas, CEO of Western Alliance Trust Company. “With decades of experience in syndicated loans and credit markets at leading trust banks, our trust team will move quickly and respond to specific transaction requirements to tailor responsive solutions to each client’s needs and goals.”

The Trust Company currently offers levered loan facility administration, loan administration and securities custody products. It anticipates providing collateralized loan obligation (CLO) trustee services by mid-2023.

The company’s significant investment in technology incorporates leading solutions to meet clients’ needs and goals. The company plans to invest in and develop additional technology solutions to enhance its investor portals and prepare for its CLO service offering in 2023.

Experienced Leadership Team

In addition to Tsarnas, the Trust Company is led by two highly experienced industry professionals:

  • Jocelyn Lynch, senior director: Lynch, who oversees all aspects of the Trust Company business, is a seasoned banking executive who has worked in senior-level capacities across multiple business lines. She has a significant background and expertise in the levered loan and custodial markets and services. Previously, she spent seven years at Wells Fargo Corporate Trust in a business development role covering the CLO market and 19 years at BNY Mellon in various corporate trust and custody capacities and roles. She is based in Pennsylvania.
  • Tammy Bliek, senior vice president: Bliek previously spent 22 years in the structured products industry for JPMorgan Chase and Wells Fargo Bank. Based in Houston, her responsibilities have ranged from business development activities to leading client service teams and loan administration teams. She has several years of experience working with products such as collateralized loan obligations (CLOs), levered financing transactions and separately managed accounts (SMAs). She has worked with leading investment banks, collateral managers and various market participants in the CLO market during her career. 

 

About Western Alliance Trust Company

Western Alliance Trust Company, N.A., a wholly owned subsidiary of Western Alliance Bancorporation, is a premier provider delivering corporate trust services and levered loan administration solutions to help customers achieve their asset management strategies. Clients benefit from the team’s deep expertise in levered loan facility administration and loan administration, a state-of-the-art digital platform and outstanding, personalized attention. Products and services offered by Western Alliance Trust Company are NOT FDIC insured, NOT bank guaranteed and MAY lose value.

 

About Us

Western Alliance Bank

With more than $65 billion in assets, Western Alliance Bancorporation is one of the country’s top-performing banking companies. Its primary subsidiary, Western Alliance Bank, Member FDIC, offers a full spectrum of tailored solutions and outstanding service delivered by banking and mortgage experts who put customers first. Major accolades include being ranked #1 top-performing large bank with assets greater than $50 billion in 2021 by both American Banker and Bank Director. Serving clients across the country wherever business happens, Western Alliance Bank is working to become the nation’s leader in commercial banking through its individual, full-service banking and financial brands, with offices in key markets nationwide.

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