CRE Portfolio Manager - Remote

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities.

Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.

The CRE Portfolio Manager is experienced in commercial credit analysis and will be responsible for assisting in the review and monitoring of non-owner occupied commercial real estate loans to help Optum Bank build, maintain, and accurately risk grade its solid commercial credit portfolio. This role will involve working closely with other portfolio managers, analysts, underwriters, and credit administration.

You’ll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.

• Underwrite and document loan modification requests and annual loan reviews on existing commercial real estate loans
• Prepare clear and concise credit presentations for annual reviews, including financial analysis, collateral assessment, risk and mitigant identification, and recommendations for current risk rating
• Spread borrower and guarantor financial statements, test and monitor financial covenants, perform collateral analysis, and prepare market assessments
• Update loan metrics and risk ratings accurately and timely
• May also occasionally perform credit underwriting on new requests by creating credit underwriting memos which analyze the credit request, the borrower, financial and credit information, repayment sources, risks and mitigation, collateral, and compliance with applicable regulations and policies
• Be knowledgeable of policies, guidelines, procedures, regulations and systems applicable to the credit function
• Ensure that loan files and documentation are complete
• Make, recommend, and present credit decisions to credit administration and credit committee through both effective written and verbal communication
• Develop and maintain positive relationships with internal and external clients
• Assist with timely reporting and analysis of financial information collected from borrowers

You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

• 2+ years of experience analyzing commercial property rent rolls and financial statements
• 2+ years of experience analyzing business and personal financial statements associated with loan requests
• 2+ years of experience underwriting or managing a portfolio of commercial loans, including exposure to non-owner occupied commercial real estate loans
• Experience recommending commercial credit exposure greater than $2 million
• Experience with commercial real estate financing, loan documentation, lending laws, portfolio monitoring, and loan servicing

• Bachelor's degree in Finance, Accounting, Business, or Economics from an accredited institution
• Completion of a formal commercial credit training program
• Experience managing watch list loans and working out problem loans

* All employees working remotely will be required to adhere to United Health Group's Telecommuter Policy.

Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits…