Commercial/Business Banking Underwriter, Denver, CO

Make your next credit role your biggest impact. You will underwrite and structure commercial credit deals that matter to Colorado businesses. You will deliver clear, risk-focused recommendations. You will also help modernize underwriting through smarter tools, automation, and practical process improvements.

At Vectra Bank, we are proud to serve the Rocky Mountain region with the strength of a large financial institution and the personal touch of a community bank. Recognized as a Top Workplace, we combine deep resources with attentive, relationship‑driven service to support families, businesses, and the communities we call home.

We are committed to creating a great place to build a career, welcoming employees whose talent, drive, and diverse perspectives help us deliver custom financial solutions. With day‑one benefits, ample growth opportunities, and a culture centered on listening, collaboration, and care, Vectra Bank is a place to grow, thrive, and make a meaningful impact. We believe we are Big enough to count and small enough to care.

With benefits starting on day one, over 11 bank holidays, and a company committed to career growth and advancement, we are 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.

Essential Functions:

• Compile and validate credit package data, including financial spreads, cash flow, collateral valuation, appraisals, and supporting due diligence.
• Independently analyze and underwrite commercial credit requests across C&I, CRE, and business banking segments.
• Evaluate borrower performance and repayment capacity, including cash flow adequacy, collateral support, industry conditions, and management quality.
• Identify primary risks, mitigants, and policy exceptions.
• Partner with Relationship Managers to ensure deal structuring is sound and credit packages are complete
• Prepare concise, risk-focused credit summaries and presentations of creditworthiness, including clear strengths, weaknesses, and key drivers.
• Present and support recommendations to approval authorities and committees, including joint presentations with the Relationship Manager when needed.
• Manage a pipeline of credits across varying size and complexity with consistent turnaround and disciplined execution.
• Ensure requests are processed in accordance with bank policy, banking regulations, and applicable laws.
• Support modernization initiatives in credit workflow, tools, and help scale best practices across the team.
• Senior most level may function as a lead and be responsible for second level approvals.
• Perform other duties as assigned.

Qualifications:

• Requires a Bachelor’s in Finance, Business, Accounting or a related field and 4+ year commercial, commercial real estate credit or business banking underwriting, spread analysis, lending, underwriting concepts, practices and procedures or other directly related experience. A combination of education and experience may meet qualifications.
• Extensive knowledge of commercial, commercial RE and/or business banking credit underwriting, spread analysis, lending, underwriting concepts, practices and procedures.
• Strong working knowledge of Business Banking, C&I and CRE 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 and/or business banking lending policies and procedures and general banking laws and regulations.
• Ability to analysis and research financial statements, business plans, credit reports, debt ratios and loan to value information.
• Possess strong judgment and 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, etc.

This position is eligible to earn a base salary in the range of 95,000 – $130,000 annually depending on job-related factors such as level of experience and location.

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, 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