Private Banking Portfolio Administrator III - 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: a broad reach and depth of financial resources alongside unparalleled personal attention. At Vectra, we think creatively to shape 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 Administrator to join us 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:

• ·         Provide analysis, support and service for Private Bank portfolio as directed by the Line of Business leader. 
• ·         Prioritize support needs of the portfolios to include workflow management, MDM risk grading, underwriting and analysis. 
• ·         Assist in the collection of documentation and information from Relationship Managers and support proactive research efforts.
• ·         Adherence to credit policies and procedures along with compliance requirements for each loan type.
• ·         Complete CP packages and term sheets for effective consideration. 
• ·         Complete new credit write ups, renewals, modifications and amendments.
• ·         Manage covenant recording, advancement and testing.

Qualifications:

• ·         Requires a bachelor's degree and 4+ years' experience with direct portfolio/credit analysis and loan system/data management, or other directly related        experience. An equivalent combination of education and experience may meet qualifications.
• ·         Extensive knowledge of business & commercial and/or related lending. 
• ·         Extensive understanding of credit analysis, identification of credit risk, loan structure, loan documentation, etc. 
• ·         PC skills required. 
• ·         Experience with bank loan and database management systems (or a demonstrated aptitude with systems of comparable complexity) strongly preferred. 
• ·         Must have excellent oral and written communication skills needed to accurately convey questions, conclusions and recommendations.
• ·         Analytical skills needed for portfolio performance review, reporting requirements and loan data management.

This position is eligible to earn a base salary in the range of $100,000 - $120,000 annually depending on job-related factors such as level of experience and location. 

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

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