VP, Commercial Portfolio Manager

Worksite Location

Minneapolis, MN or Bloomington, MN; hybrid schedule

$120,000 - $175,000 base salary + annual bonus

In addition to salary, the client offers a comprehensive benefits package including healthcare (medical, dental, vision), employee stock ownership program, and 401(k) contribution and profit‑sharing plan. All benefits are subject to eligibility requirements.

• Partner with commercial banking leadership and designated bankers to manage existing client relationships and evaluate potential new clients.
• Assist with onboarding customers, ensuring a smooth process through coordination with internal teams (Loan Coordinator, Treasury Management, Credit, etc.).
• Monitor booked credit facilities, including interim financial reviews, borrowing base reviews, covenant compliance testing, annual reviews, and problem loan administration.

• Analyze financial statements and prepare credit proposals for existing and prospective clients.
• Review loan committee presentations, annual credit reviews, and problem loan summaries.
• Maintain reporting infrastructure and develop portfolio trend reports to monitor risk and industry guidance.
• Administer nonperforming loans and support risk mitigation strategies.

• Assist in establishing and negotiating credit terms, including costs, repayment methods, and collateral requirements.
• Mentor junior Portfolio Managers and assist in training future bankers and coordinators.
• Support preparation of materials for team meetings, executive reports, audits, and regulatory examinations.

• Conduct activities consistent with established Bank policies, procedures and systems, the Bank Employee Conduct policies, the Bank Secrecy Act and all applicable state and federal laws and regulations.
• All employees are responsible for information security, including compliance with policies and standards which protect sensitive information.
• Prompt and reliable attendance.
• Perform other duties as assigned.

• Bachelor’s degree in accounting, finance, business administration, or a related field; or equivalent experience required.
• Seven or more years of experience in commercial credit, commercial lending, or financial examination.
• Proven experience with commercial lending and portfolio management.
• Familiarity with loan documentation and regulatory compliance requirements.
• Experience in risk assessment and managing problem loans.
• Strong credit analysis and financial modeling skills.
• Excellent written and verbal communication abilities.
• Ability to manage multiple priorities and deadlines effectively.
• Knowledge of commercial lending guidelines and industry best practices.
• Ability to independently structure and negotiate non‑complex loan transactions.
• Ability to provide meaningful support for credit structuring and negotiating on more complex loan transactions, including reviewing loan documentation for accuracy.
• High level of attention to detail and accuracy.
• Commitment to customer service excellence and relationship building.

Versique is an equal‑opportunity employer committed to creating a diverse workforce. We consider all qualified applicants regardless of race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status.