AVP Portfolio Manager II

Bank of Utah • Orem, UT

5d • Onsite

About The Position

The Bank of Utah, founded in 1952, is one of Utah’s largest privately owned community banks, recognized as Nasdaq’s Best Bank in Utah for 2025 and a Top 100 Fastest Growing Company. Our mission is to unlock the potential of our team members, clients, and community by acting with integrity, building trust, and exceeding expectations to create lasting prosperity. This AVP Portfolio Manager II position is responsible for evaluating individual credits for compliance with underwriting guidelines and accuracy of risk rating. The role involves analyzing the bank’s loan portfolio for deterioration in quality, researching economic trends and their impact on the portfolio, analyzing customer financial statements, evaluating portfolio risks, and preparing management reports.

Requirements

• BS Degree (Masters preferred) in Accounting or Finance or equivalent work experience
• Great computer skills in a Windows environment with proficiency in Word and Excel.
• Great analytical, oral and written communication skills combined with the ability to present information in a clear and concise manner.
• Minimum of 5 years of experience in underwriting.
• Minimum of 3 years of experience in portfolio monitoring and interfacing with customers.
• Ability to work in a team setting.
• Great speed and accuracy in meeting the customer and team needs.
• Attendance is an essential function of the job.

Nice To Haves

• Masters degree in Accounting or Finance

Responsibilities

• Evaluate individual credits for compliance with underwriting guidelines and accuracy of risk rating.
• Analyze the bank’s loan portfolio for deterioration in quality.
• Research local and national economic trends and interpret their potential impact on the loan portfolio.
• Analyze and spread customer financial statements.
• Evaluate risks in the loan portfolio and prepare management reports on the status of the loan portfolio.
• Critique and evaluate loans for deterioration in credit quality.
• Scrutinize individual loan files for compliance with Bank policy, federal regulations, completeness and accuracy of loan documents, financial strength of borrower, strength of collateral position and accuracy in risk grading.
• Identify weaknesses in credits for potential problems and/or losses and recommend corrective actions.
• Research economic information and monitor economic trends in the major industries affecting the loan portfolio and determine if additional risks to the bank have occurred.
• Spread and analyze borrower's financial statements and prepare written summaries of findings for use by Loan Officers on applications for new loans and annual renewals.
• Analyze and compare borrower financial performance to peer groups using national statistics.
• Conduct full loan analysis, including industry and local economic trends and risks, of selected borrowers.
• Prepare Prescreen on existing and prospective Borrowers.
• Research and analyze information relative to the bank’s risk in identified areas of loan and industry concentrations.
• Prepare management reports of specific economic or market trends affecting the bank’s loan portfolio.
• Conduct annual evaluations of large credits.
• Perform an examination and evaluation of individual loan officer and/or branch loan portfolios.
• Prepare various management reports as assigned by department management.
• Perform other duties as assigned.

Benefits

• Great work-life balance, with a Monday-Friday schedule
• Competitive pay and benefits, including medical, dental and vision plans
• 401(k) plan and match up to 5 percent in our employee stock ownership program (eligibility requirements must be met)
• 12 paid bank holidays + paid time off, including paid parental leave
• Volunteer opportunities to make a difference in the communities where you work and live
• Awards and recognition to celebrate you and your colleagues for living the bank's values

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level