AVP Commercial Portfolio Manager

Job Location: Boulder, CO 80302. Salary range: $90,000 - $115,000 annually.

Flatirons Bank is a full‑service independent bank dedicated to serving the financial needs of individuals, businesses, and nonprofits in Boulder County. With locations in Boulder and Longmont, we provide a personalized banking experience, making all decisions locally. Our services include Personal and Business Banking, Professional Services Banking, Treasury Management, Mortgage Lending, and Commercial Real Estate Lending solutions. We are committed to making a difference in the community through nonprofit partnerships and sustainability initiatives.

Role and Responsibilities

The AVP, Commercial Portfolio Manager (PM) serves as a primary credit partner to Relationship Managers. This role leads the underwriting, structuring, and portfolio management of commercial credit opportunities from initial evaluation through approval and ongoing monitoring. The PM works closely with Relationship Managers to deliver responsive, well‑structured credit solutions while maintaining strong asset quality and aligning with the Bank’s risk appetite.

Credit Underwriting & Deal Execution

• Lead underwriting and structuring of commercial credit opportunities, evaluating borrower strength, guarantor support, collateral position, repayment sources, and key risks.
• Own assigned credit opportunities, driving the process from initial structuring through approval, closing support, and ongoing monitoring.
• Prepare clear, well‑structured credit approval packages with risks, mitigants, policy exceptions, recommended structure, and risk rating.
• Partner with Relationship Managers and senior credit leadership to develop appropriate loan structures, terms, and covenants.
• Apply advanced financial analysis, including trend analysis, ratio analysis, global cash flow analysis, and industry considerations.
• Present credit requests at the Loan Committee and respond to questions.

Portfolio Management & Risk Oversight

• Maintain accountability for the performance and quality of assigned loan portfolios.
• Monitor financial reporting, covenant compliance, collateral position, and overall credit risk.
• Identify early warning signs of deteriorating credit quality and recommend appropriate action.
• Coordinate and complete annual reviews, renewals, and other credit actions in a timely manner.
• Ensure accuracy of risk ratings and adherence to loan policy and approved structure.
• Partner with Relationship Managers and credit leadership on restructuring, extensions, or workout strategies when needed.

Relationship Partnership & Client Support

• Act as a key credit partner to Relationship Managers in managing new and existing client relationships.
• Collaborate with Relationship Managers and clients on appropriate loan structure and credit solutions.
• Participate in meetings with current and prospective clients to support deal structuring and due diligence.
• Support the Bank’s consultative approach to relationship management, including onboarding new relationships.
• Serve as a trusted internal resource on credit‑related matters.

Credit Process & Execution

• Coordinate with Credit Analysts to review financial spreads and ensure accuracy and completeness of underwriting.
• Work closely with loan administration, Relationship Managers, and clients to coordinate loan closings after all approval conditions are met.
• Assist in reviewing loan documentation prior to closing.
• Support timely movement of deals through the pipeline to ensure responsiveness and efficiency.
• Assist with construction loan monitoring processes as needed.

Team Support & Collaboration

• Provide guidance and support to Credit Analysts in underwriting, financial analysis, and credit presentation.
• Share knowledge and best practices with credit and lending team members.
• Collaborate with credit administration, operations, and lending teams to improve workflow and communication.
• Contribute to consistency and quality of credit work product across the team.

Risk, Compliance & Market Awareness

• Maintain knowledge of Bank policies, procedures, and applicable federal and state regulations.
• Ensure compliance with internal credit standards and regulatory requirements.
• Maintain awareness of market conditions, economic trends, and industry developments impacting borrowers.
• Support sound credit administration practices, including documentation, reporting, and file maintenance.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, or related field (or equivalent experience).
• Approximately 5–10 years of experience in commercial credit, underwriting, or portfolio management.
• Strong experience analyzing financial statements, tax returns, and commercial credit structures.
• Solid understanding of commercial lending products, including commercial real estate and commercial & industrial lending.
• Strong reasoning and writing skills to communicate well‑supported rationale for credit decisions.
• Exceptional oral, written, and interpersonal communication skills.
• Strong skills in word processing and spreadsheet software.
• Knowledge of related state and federal banking compliance regulations, and Bank policies and procedures (a plus).
• Excellent organizational and time‑management skills.
• Ability to work with little supervision while performing duties.

Compensation and Benefits

• Pay range: $90,000 – $115,000 annually.
• Annual bonus may be paid to eligible employees based on organizational and individual performance.
• Medical, dental, and vision insurance.
• Employer‑paid short‑term and long‑term disability insurance.
• Employer‑paid life insurance.
• Employer‑matching 401(k) with guaranteed safe harbor match and discretionary year‑end profit‑sharing match.
• Health Savings Account (HSA) with company contribution.
• Health Reimbursement Arrangement (HRA).
• Paid time off (PTO).
• Sick time off.
• Volunteer time off.
• Paid parking.

Reporting

• Reports directly to SVP, Chief Credit Officer.

Flatirons Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.