Commercial Real Estate Portfolio Manager - Denver, CO

At Vectra Bank, the Rocky Mountain region is a part of who we are, and we understand why families and businesses choose to live, grow, and play here. Consistently recognized as a Top Workplace by The Denver Post, we offer our customers and employees the best of both worlds: broad reach and depth of financial resources alongside unparalleled personal attention. At Vectra, we think creatively of shaping custom financial solutions for those raising a family or creating the next great local business. We are as passionate about business as we are about success.

At Vectra, we’re committed to making our company a great place to work and grow your career. We seek dedicated employees whose diversity, talent, drive, and innovative ideas add value to our customers, our colleagues and to our communities. At Vectra, we actively listen to our employees and our customers, initiate contact, provide solutions, and proactively focus on building relationships – not increasing transactions. We do this by offering technology and resources typically only found within larger banks and combining those resources with an exceptional level of service more commonly associated with community banks and smaller financial institutions. We personify this difference through our tagline: 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 in our industry and community. At Vectra Bank, the possibilities are endless – come for a job, stay for a career.

We are looking for 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 directly by the line of the business leader.

Essential Functions:

• 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.
  
  

Qualifications:

• 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. 4 years of direct CRE underwriting experience preferred.
• 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. 6 years of direct CRE underwriting experience preferred.
• 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.
  
  

This position is eligible to earn a base salary in the range of $120,000 - $140,000 annually depending on job-related factors.

Final offer amounts are determined by multiple factors such as but not limited to, level of experience, skills, expertise, location, education, and certifications.

This position is in office. Remote or Hybrid schedule is not available.

Benefits:

• Medical, Dental and Vision Insurance – START DAY ONE!
• Life and Disability Insurance, Paid Paternal Leave, and Adoption Assistance
• Health Savings (HSA), Flexible Spending (FSA), and dependent care accounts
• Paid Training, Paid Time Off (PTO), and 11 Paid Federal 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
• Employee Ambassador preferred banking products