Commercial Banking Credit Analyst - 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.  

Vectra Bank Colorado is seeking a highly motivated Credit Analyst to join our Commercial Banking team in Denver, Colorado.  We are looking for someone who is proactive and successful in achieving department initiatives.

Essential Functions:

• Conducts credit investigations, credit and loan analysis, underwriting and other documentation pertaining to loan analysis

• Investigates all available sources of credit and financial information, including reporting services, credit bureaus, other companies, main office files, and branches

• Responsible for understanding the loan request and the business relationship to ensure the accuracy and completeness of financial information received for loan renewals and new loan requests

• Analyzes financial statements and related material and makes recommendations for approvals of credits

• Analyzes financial conditions and trends, reviews and reports non-compliance with loan covenants

• Determines cash flow using appropriate tax analysis

• Prepares summaries, presents facts, and offers opinions concerning creditworthiness and any risk items or issues

• Provides credit information and references for customers, loan officers, or other agencies as requested

• Ensures that all credit files include current financial statements, agency reports, etc.

• May make recommendations for loan structure

• Maintains control over current accounts, noting payment progress, watching for any developing problems, and keeping loan officers informed

• Keeps abreast of all new credit regulations and laws and ensures compliance with such

• May assist with projects as needed

• Other duties as assigned

Qualifications:

• Requires a Bachelor's in finance, business, accounting or a related field and 1+ yrs credit/financial analysis, lending, underwriting or other directly related experience. A combination of education and experience may meet job requirements

• Basic working knowledge of financial and spread analysis, credit, lending and underwriting processes and principles

• Some experience working with various types of loans

• Basic working knowledge of credit risk, legal and regulatory requirements

• Ability to work with lending officers and staff

• Good client relationship and communication skills, both verbal and written

• Ability to make sound decisions and recommendations regarding loans

• Working knowledge of computer software programs including spreadsheets, word processing, etc. required

You have to want to be a part of a motivated and driven team and work under respected leaders. We need someone who is proactive, who has a great attitude, who is confident and wants to work with professional people and will inspire them to achieve the department’s initiatives, including driving loan growth.

This position is eligible to earn a base salary in the range of $70,000 - $85,000 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. 

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) 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