Senior Commercial Credit Underwriter, Denver, CO

Vectra Bank • Denver, CO

17h • Onsite

About The Position

Vectra Bank is seeking an experienced Senior Commercial Credit Underwriter to join their Commercial and Business Banking team. This role focuses on providing credit judgment, support, and portfolio management for commercial relationships. The bank prides itself on serving the Rocky Mountain region with the strength of a large financial institution and the personal touch of a community bank, and is recognized as a Top Workplace. They offer day-one benefits, ample growth opportunities, and a culture centered on listening, collaboration, and care, aiming to be an employer of choice.

Requirements

• Bachelor’s in Finance, Business, Accounting or a related field and 4+ year 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.

Responsibilities

• Underwrite and structure commercial credit deals that matter to Colorado businesses.
• Deliver clear, risk-focused recommendations.
• Help modernize underwriting through smarter tools, automation, and practical process improvements.
• Underwrite local and custom commercial credit requests generally over $5 million, including renewals, modifications, refinances, 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.
• Perform other duties as assigned.

Benefits

• Medical, Dental and Vision Insurance - START DAY ONE!
• Life and Disability Insurance
• Paid Parental Leave and Adoption Assistance
• Health Savings (HSA)
• Flexible Spending (FSA) and dependent care accounts
• Paid Training
• Paid Time Off (PTO)
• 11 Paid Federal Holidays, and any applicable state holidays
• 401(k) plan with company match
• Profit Sharing
• competitive compensation in line with work experience
• Mental health benefits including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire
• Employee Ambassador preferred banking products

What This Job Offers

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