Commercial Real Estate Portfolio Manager - Denver, CO

Vectra Bank•Denver, CO

11d•Onsite

About The Position

At Vectra Bank, we are seeking a Portfolio Manager to join our Commercial Real Estate (CRE) group in Denver, CO. This role focuses on providing analysis, support, and service for the bank-wide loan portfolio as directed by the line of business leader. We offer the best of both worlds: broad reach and depth of financial resources alongside unparalleled personal attention. Vectra Bank is committed to making our company a great place to work and grow your career, seeking dedicated employees whose diversity, talent, drive, and innovative ideas add value to our customers, colleagues, and communities. We actively listen to our employees and customers, initiate contact, provide solutions, and proactively focus on building relationships. We offer technology and resources typically found in larger banks combined with an exceptional level of service associated with community banks. Our tagline is: Big Enough to Count / Small Enough to Care. With benefits starting on day one, over 11 bank holidays, and a company committed to career growth and advancement, Vectra is dedicated to being an employer of choice.

Requirements

Portfolio Manager III: Bachelor’s degree and 6+ years of credit analysis experience, working with large commercial loans, to include CRE or other directly related underwriting experience. A combination of education and experience may meet requirements.
Portfolio Manager IV: Bachelor’s degree and 8+ years of credit analysis experience, working with large commercial loans, to include CRE or other directly related underwriting experience. A combination of education and experience may meet requirements.
Advanced understanding of credit analysis, risk identification, loan structuring, covenants, and commercial loan documentation.
Strong working knowledge of reporting, compliance, and federal, state, and local regulatory lending requirements.
Excellent verbal and written communication skills to clearly convey underwriting conclusions, questions, and actionable recommendations.
Requires intermediate-advanced knowledge of Excel specifically and proficiency with standard office software.
Experience with bank loan and database management systems is strongly preferred.

Nice To Haves

4+ years of direct CRE underwriting experience preferred (for PM III).
6+ years of direct CRE underwriting experience preferred (for PM IV).

Responsibilities

Conducts loan analysis and underwriting for CRE and Homebuilder loans, partnering with Relationship Managers in structuring credits.
Analyzes project feasibility by completing local market research to support recommendations, evaluating rental rates, absorption, vacancy, and supply/demand fundamentals.
Prepares comprehensive credit presentations and pre-screens, clearly presenting facts, assessing creditworthiness, and mitigating potential credit risks.
Investigates all available sources of credit and financial information, including reporting services, credit bureaus, and internal files.
Analyzes financial statements and related deal materials to recommend credit approvals, evaluate trends, conduct reviews, and report non-compliance with loan covenants.
Ensures all credit files include current financial statements, agency reports, and other required documentation.
Maintains control of active relationships, noting payment progress, identifying developing problems, and keeping Relationship Managers informed.
Prioritizes portfolio support needs, including the workflow management of sales efforts, MDM risk grading, and loan documentation resolution.
Manages pipeline workflows and Salesforce priorities, processes renewals and amendments, and partners with internal team members on credit issues.
Assists in collecting documentation for complete credit packages and term sheet submission and supports proactive research efforts to foster sales.
Serves as a senior resource and primary backup for Relationship Managers, independently managing customer contact and portfolio issues while assisting with mentoring junior staff.
Provides analysis and support for the bank-wide loan portfolio as directed by the Line of Business leader which includes handling special projects as needed.
Stays abreast of all new credit regulations and laws to maintain compliance.