Commercial Credit Underwriter/Sr Underwriter in Denver, CO

Vectra Bank•Denver, CO

1d•Onsite

About The Position

Vectra Bank is seeking an experienced Commercial Credit Underwriter/Senior Underwriter to join their Commercial and Business Banking team in Denver, CO. This role is responsible for providing credit judgment, support, and portfolio management for commercial relationships. The position involves underwriting and structuring commercial credit deals, delivering risk-focused recommendations, and contributing to the modernization of underwriting processes through tools and automation. Vectra Bank is recognized as a Top Workplace, emphasizing a culture of collaboration, care, and career growth, serving the Rocky Mountain region with a blend of institutional strength and community focus.

Requirements

Bachelor’s in Finance, Business, Accounting or a related field and 4+ years of commercial credit, business banking underwriting, spread analysis, lending, practices, procedures, or other directly related experience. A combination of education and experience may meet qualifications.
Extensive knowledge of commercial and/or business banking credit underwriting, spread analysis, lending concepts, underwriting practices and procedures.
Strong working knowledge of C&I loan requirements with the ability to identify risk and mitigating factors related to conducting a thorough credit analysis for approval.
Extensive working knowledge of balance sheets, income, and cash flow statements.
Strong understanding of commercial lending policies and procedures and general banking laws and regulations.
Ability to analyze complex financial information, business plans, credit reports, debt service coverage, leverage, liquidity, collateral support, and loan-to-value information, to develop well-supported underwriting conclusions.
Possess strong judgment and the ability to make sound decisions.
Ability to accept responsibility and handle confidential information.
Must have strong customer relations and communication skills, both verbal and written.
Must be a self-starter, dependable, accurate in completing responsibilities with strong attention to detail and organizational skills.
Extensive working knowledge of various related software applications, including spreadsheets, word processing, and other applicable tools.

Nice To Haves

4+ years of direct C&I underwriting experience preferred.

Responsibilities

Underwrite and structure local and custom commercial credit requests generally over $5 million, including renewals, modifications, refinances, and new money requests.
Analyze complex C&I relationships, including multi-entity borrowers, trusts, guarantor support, global cash flow, complex structures, collateral monitoring, covenants, policy exceptions, and transactions requiring tailored structuring or elevated credit review.
Evaluate borrower performance and repayment capacity, including cash flow adequacy, collateral support, industry conditions, management quality, and key risk mitigants.
Evaluate borrowing base, equipment, real estate, and other collateral-supported transactions.
Prepare concise, risk-focused credit presentations for transactions requiring elevated approval authority.
Manage a pipeline that includes both recurring portfolio requests and more complex new or expanded credit opportunities.
Partner with Relationship Managers to ensure deal structuring is sound and credit packages are complete.
Present and support recommendations to approval authorities and committees, including joint presentations with the Relationship Manager when needed.
May function as a lead underwriter and provide second-level review support.
Support modernization initiatives in credit workflow, tools, and help scale best practices across the team.
Ensure requests are processed in accordance with bank policy, banking regulations, and applicable laws.