Commercial Portfolio Manager

Peak Credit Union; Oregon; Hybrid; USD 85,000 - 127,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

401k

Vacation & Sick Leave

Holidays & Time Off

Self‑Care Time

Volunteer Time

Job summary

Peak Credit Union is seeking a skilled Commercial Lending professional to assist in managing a portfolio of commercial loans from a remote role open to Oregon and Washington residents. The position supports loan officers, conducts financial analysis, and coordinates annual reviews and risk assessments to ensure strong credit relationships.

The role emphasizes underwriting, documentation, and collaboration with the commercial lending team while exploring cross-sell opportunities and maintaining

Qualifications

• High School required.
• Minimum four (4) years' loan underwriting experience.
• Experience in commercial underwriting and analysis preferred.

Responsibilities

• Support Commercial Loan Officers in managing existing credit relationships and assist in new relationships.
• Serve as primary contact for existing borrowing relationships.
• Coordinate annual reviews, covenant performance, and watchlist/review reports.
• Underwrite, structure, and document new loans or modifications.
• Identify cross-sell opportunities and direct members to other CU services.
• Perform due diligence on financial, entity, and legal documents before submission.

Skills

Loan underwriting

Commercial lending

Credit analysis

Relationship management

Education

High School

Tools

Abrigo Sageworks

Job description

To maintain a strong connection with our members and local communities and better understand their unique needs, we are currently considering applications from candidates residing in Oregon and Washington for all open positions. We appreciate your understanding as we focus our hiring efforts in these specific regions. And, we encourage all qualified candidates from these states to apply, as we look forward to learning more about your unique skills and experience!

Job Summary:

Assists and supports the Commercial Lending Team by handling all aspects of commercial loan portfolio management as it relates to the assigned portfolio of loans. Performs both technical and administrative duties.

Where You Will Work:

Remote role open to candidates residing in Washington (WA) or Oregon (OR). (Branches)Travel is not required.

Pay Range:

The target annual pay range for this position is $93,456 - $106,200. The full annual pay range is $84,960 - $127,440. Compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer of employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role.

Responsibilities:

• Helps support Commercial Loan Officers in the management of existing commercial credit relationships and partners with the Commercial Loan Officers in support of new relationships.
• Serves as the primary point of contact for existing borrowing relationships.
• Manages relationships with existing borrowers and supports Commercial Loan Officers with managing new relationships.
• Partners directly with the commercial lending team to ensure timely annual reviews, document performance against covenants and conditions, and assists CLO in monitoring and developing action plans for deteriorating credit relationships (i.e., watchlist reports, problem loan status reports, etc.).
• Collects updated information, analyzes data, and creates periodic loan review memorandums with risk upgrade or downgrade recommendations with assistance from the CLO, as needed.
• Creates, coordinates, and reviews annual review memorandums, property inspections, and commercial real estate evaluations for accuracy and further approval recommendations.
• Underwrites, structures, and helps document new loans or modifications to existing client relationship.
• Seeks cross-sell opportunities and directs members to other services and products offered by the credit union to meet the needs of the business relationship.
• Performs all due diligence required including the review of financial, entity, legal and other documents prior to credit submission to protect credit union resources.
• Supports the CLO in the management of the assigned portfolio by monitoring performance and trends, proactively defining credit relationship solutions, identifying issues and developing remediation, underwriting and providing credit approval recommendations as designated.
• Supports the CLO in developing and maintaining special reports as needed for commercial lending team to monitor risk, realize opportunities, and aid in department and portfolio allocation and management.
• Assists in ensuring the department adheres to all state/federal regulations, policies, and procedural guidelines. Provides feedback to commercial lending policy and procedural updates and revisions, as required. Remains current on industry, market trends and changes to regulation.
• All other duties as assigned.

Minimum Qualifications:

• High School
• Minimum four (4) years' loan underwriting experience, ideally in commercial underwriting and analysis within a financial institution.

Preferred Qualifications:

• Experience with Abrigo Sageworks financial software (or equivalent) preferred.

Knowledge, Skills, and Abilities:

• Working knowledge of commercial lending and deposit account procedures, commercial and personal financial statement analysis, credit approval/annual review memorandums, and commercial loan documentation.
• Knowledge and understanding of lending regulations.
• Maintains consistently high standards in areas of accuracy, thoroughness, completeness, and order of documentation, system input, and internal/external correspondence.
• Strong, well-developed interpersonal communication and negotiation skills to determine existing/potential members' financial needs. Demonstrated customer service skills and ability to communicate with members in a professional manner to ensure and enhance the credit union's image within its market areas.
• Ability to organize work in order to give prompt attention to members' request, while being able to meet designated deadlines.
• Demonstrated skills in member-related account transactions. Ability to interpret and explain Credit Union policies and transactions posted to members' accounts.
• Ability to function effectively as a member of a team or on individual tasks and assignments.

Total Rewards:

• Employees and their eligible family members have access to a wide array of employee benefits, such as medical, dental, vision and life insurance coverage.
• Includes an option for Medical, Dental, and Vision insurance to be paid at a 100% by company for the employee only coverage.
• We also offer Health Care FSA (HCFSA), Health Savings Account (HSA) with employer contributions, and Dependent Care FSA (DCFSA).
• Employees also have access to Life and AD&D insurance.
• Employees are able to enroll in our 401k plan.
• Full-Time Regular employees accrue 8 hours of vacation and 8 hours of sick leave, on a monthly basis.
• Full-Time Regular hired employees also receive 11 paid holidays throughout the calendar year, 1 floating holiday, 16 hours of self-care time, and 16 hours of volunteer time.
• All benefits except 401k start the first of the month following date of hire.
• Employees become eligible to contribute to 401k on the first of the month following 60 days of employment.

Peak Credit Union participates in E-Verify. We use E-Verify to confirm the identity and employment eligibility of all persons hired to work in the United States.

Peak Credit Union is an Affimitive Action and Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.