Senior Commercial Credit Underwriter, Denver

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.

We are looking for an experienced Senior Commercial
Credit
Underwriter to join our Commercial and Business Banking team in Denver, CO. This role focuses on providing credit judgment, support, and portfolio management for commercial relationships.

• Underwrite local and custom commercial credit requests generally over $5 million, including renewals, modifications, refinances, new money requests.

• Analyze complex C&I relationships, including multi‑entity borrowers, trusts, guarantor support, global cash flow, complex structures, collateral monitoring, covenants, policy exceptions, and transactions requiring tailored structuring or elevated credit review.

• Evaluate borrower performance and repayment capacity, including cash flow adequacy, collateral support, industry conditions, management quality, and key risk mitigants.

• Evaluate borrowing base, equipment, real estate, and other collateral‑supported transactions.

• Prepare concise, risk‑focused credit presentations for transactions requiring elevated approval authority.

• Manage a pipeline that includes both recurring portfolio requests and more complex new or expanded credit opportunities.

• Partner with Relationship Managers to ensure deal structuring is sound and credit packages are complete.

• Present and support recommendations to approval authorities and committees, including joint presentations with the Relationship Manager when needed.

• May function as a lead underwriter and provide second‑level review support.

• Support modernization initiatives in credit workflow, tools, and help scale best practices across the team.

• Ensure requests are processed in accordance with bank policy, banking regulations, and applicable laws.

• Perform other duties as assigned.

• Requires a Bachelor’s in Finance, Business, Accounting or a related field and 4+ years of commercial credit, business banking underwriting, spread analysis, lending, practices, procedures, or other directly related experience. A combination of education and experience may meet qualifications.

• Extensive knowledge of commercial and/or business banking credit underwriting, spread analysis, lending concepts, underwriting practices and procedures.

• Strong working knowledge of C&I 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 lending policies and procedures and general banking laws and regulations.

• Ability to analyze complex financial information, business plans, credit reports, debt service coverage, leverage, liquidity, collateral support, and loan‑to‑value information, to develop well‑supported underwriting conclusions.

• Possess strong judgment and the ability to make sound…