Portfolio Manager - Credit/Lending - Remote

UnitedHealth Group•Draper, UT

6d•Remote

About The Position

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together. The Portfolio Manager is experienced in commercial credit analysis and will be responsible for assisting in the review and monitoring of commercial loans to help Optum Bank build, maintain, and accurately risk grade its solid commercial credit portfolio. This will involve working closely with other portfolio managers, analysts, underwriters, and credit administration. You’ll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.

Requirements

2+ years of experience analyzing business and personal financial statements associated with loan requests
2+ years of experience analyzing commercial property rent rolls and financial statements
2+ years of experience managing a portfolio of commercial loans, including commercial real estate loans
Experience with commercial real estate financing, loan documentation, lending laws, portfolio monitoring, and loan servicing

Nice To Haves

Completion of a formal commercial credit training program
Experience managing watch list loans and working out problem loans
Reside in Utah

Responsibilities

Underwrite and document loan modification requests and annual loan reviews on existing commercial loans
Prepare clear and concise credit presentations for annual reviews, including financial analysis, collateral assessment, risk and mitigant identification, and recommendations for current risk rating
Spread borrower and guarantor financial statements, test and monitor financial covenants, perform collateral analysis, and prepare market assessments
Update loan metrics and risk ratings accurately and timely
May also occasionally perform credit underwriting on new requests by creating credit underwriting memos which analyze the credit request, the borrower, financial and credit information, repayment sources, risks and mitigation, collateral, and compliance with applicable regulations and policies
Be knowledgeable of policies, guidelines, procedures, regulations and systems applicable to the credit function
Ensure that loan files and documentation are complete
Make, recommend, and present credit decisions to credit administration and credit committee through both effective written and verbal communication
Develop and maintain positive relationships with internal and external clients
Assist with timely reporting and analysis of financial information collected from borrowers