Commercial Real Estate Portfolio Manager/Underwriter

Mercantil Commerce Bank; Denver (CO); On-site; USD 125,000 - 197,000; Full time

Benefits offered by this job

Health insurance

401(k) plan

Paid time off

Job summary

Commerce Bank is seeking a Portfolio Manager III/Senior to manage a diverse commercial loan portfolio and strengthen customer relationships at our Denver location. You will evaluate requests, support underwriting, and help structure credit accommodations while ensuring compliance and high performance.

The role requires a Bachelor's in business administration and 5+ years of commercial banking experience, with strong analytical and presentation skills, and attention to detail.

Qualifications

• Bachelor’s degree in Business Administration or equivalent.
• 5+ years of commercial banking experience required.
• Strong knowledge of commercial banking products and credit policies.
• Excellent analytical and problem-solving skills.
• Excellent presentation and communication skills.
• Ability to manage a large portfolio with attention to detail.

Responsibilities

• Serve as primary advisor for commercial relationships and ensure high customer satisfaction.
• Evaluate customer service requests for existing relationships including loan renewals and modifications.
• Assist Regional Managers on credit requests including underwriting, loan structuring, pricing, collateral and risk analysis.
• Prepare loan bookings and assist in closing, including documentation review.
• Maintain loan reporting and portfolio profitability.

Skills

Commercial banking

Credit policies

Analytical thinking

Problem-solving

Presentation skills

Decision making

Team player

Communication skills

Microsoft Word

Microsoft Excel

Microsoft Outlook

Education

Bachelor’s degree in Business Administration

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

About Working at Commerce

Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us. Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you. Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are.

Compensation Range

Annual Salary: $125,000.00 - $197,000.00 (Amount based on relevant experience, skills, and competencies.)

About This Job

The main purpose of this job is to manage and service a portfolio of commercial customers, including expanding, building and maintaining strong customer relationships with a resulting high level of customer satisfaction.

Essential Functions

• Serve as the primary advisor for commercial relationships, while ensuring a high level of customer satisfaction and retention
• Evaluate customer service requests for existing relationships, including loan renewals and modifications
• Assist the Regional Managers on credit requests, including: general underwriting, loan structuring, negotiating/pricing, collateral, and analyzing industry/credit risk
• Prepare loan booking requirements, including: negotiating terms, the review of loan documentation and assisting in the closing process
• Manage annual credit review schedule for team of Relationship Managers
• Prepare loan presentations and credit reviews as necessary
• Maintain loan reporting, including: such things as past dues, documentation and collateral exceptions, financial performance updates, portfolio profitability, etc
• Assist respective Regional Mangers in the credit management of all watch list credits
• Ensure compliance with all Bank policies, procedures, regulations, and laws
• Perform other duties as assigned

Knowledge, Skills & Abilities Required

• Strong knowledge of commercial banking field
• Strong knowledge of commercial products, credit policies, procedures and terminology
• Ability to maintain a valid driver’s license and meet Commerce Bank’s driving record criteria; ongoing employment may be contingent upon meeting all driving requirements
• Excellent analytical and problem-solving skills
• Excellent presentation skills
• Strong decision making skills
• Ability to use a high degree of critical thinking skills in managing a large portfolio of diverse and complex commercial relationships
• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
• Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
• Intermediate proficiency with Microsoft Word, Excel and Outlook

Education & Experience

• Bachelor’s degree in Business Administration, or equivalent combination of education and experience required 5+ years of commercial banking experience required

For this position

For this position, federal regulations require Commerce Bank to prepare an investigatory consumer report which will disclose credit history. If you express interest in and are considered for this position, you will be asked to authorize that report. For this position, Commerce Bank will review your motor vehicle driving record. If you express interest in and are considered for this position, you’ll be asked to authorize our review of that record. **Level of role is determined by knowledge, experience, skills, abilities, and education ***For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles. This compensation range is for the Commercial Banking Portfolio Manager III or Senior level job and contemplates a wide range of factors that are considered in determining most appropriate job level and making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $125,000 to $197,000 annually. This position will be eligible for additional compensation through performance‑based incentive plans that will correspond to meeting performance goals.

Must be eligible to work in the US without sponsorship now or in the future. The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits.

Click here to learn more.

Location: 1225 17th Street Suite 2550, Denver, Colorado 80202

Time Type: Full time

Commerce Bank has been awarded numerous awards for our company culture. We have been included on distinguished lists such as Forbes’ Best Midsized Employers, Forbes’ Best Employers for Women, and Korn Ferry’s Engaged Performance Award. You’ll see the difference for yourself when you join the team.

Why Commerce? Inclusion at Commerce

Equal Opportunity Employer Commerce Bank is proud to be an Equal Employment Opportunity employer and believes that every individual should have the opportunity to work at a job for which he, she or they qualifies. We celebrate diversity and do not discriminate based on race, color, ancestry, ethnicity, gender identity, gender expression, sex, sexual orientation, disability (including physical or mental handicap), age, veteran status, military status, national origin, religion, pregnancy status, marital status, genetic information, or any other status protected by applicable federal, state or local law.