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Are you interested in working for a purpose-driven organization that is owned by, and accountable to, its members—not its shareholders? Where you can collaborate with teams that help deliver products and services to over 1.3 million members? Then read on—BECU might just be the right fit for you.BECU is a national leader among financial institutions. With over $29 billion in assets, we’re among the largest credit unions in the nation. We’ve been in business for over 86 years, serving the financial well-being of our community and helping our members achieve life-long financial goals.Here’s what else sets us apart:Our members-first ethos.
Unique benefits, perks and workplace culture.
Philanthropy and community involvement.
Remote, flexible and hybrid work opportunities.
To learn more visit becu.org/careers.SUMMARYThe Sr Commercial Portfolio Manager is responsible for commercial credit analysis and underwriting relationship activities, ensuring consistency with BECU’s Member Business Lending policies and commercial credit standards for existing BECU commercial loans. The Sr Commercial Portfolio Manager provides credit and loan analysis, underwriting and relationship expertise to the Business Services team and to members. This role will have Independent Credit Authority and is responsible for recommending risk rating changes and underwriting credit for the large and complex Commercial Real Estate (CRE) and Commercial & Industrial (C&I) credits.RESPONSIBILITIESPerform all responsibilities in accordance with BECU Competencies, compliance, regulatory and Information Protection requirements.
Maintain an assigned portfolio of Business Credits and complete annual reviews, extensions of credit and handle new related credit requests.
Complete financial spreads and underwrite new relationship credits as needed.
Work with the borrower, legal and Relationship Managers to work out troubled loans assigned in the portfolio until BECU’s Credit Risk Special Assets department takes over the relationship.
Analyze financial data related to new and renewal loan requests.
Provide recommendations to Business Services leadership on new credit requests and annual reviews.
Recommend and/or approve credit requests within lending authority.
Recommend risk ratings and pricing for each annually reviewed, renewed or newly approved credit.
Work with attorneys and other financial or legal resources to obtain correct and accurate loan structures to fully protect BECU’s interests in the credit relationship.
Coach, partner with, mentor and provide technical and consultative assistance regarding Business Services when requested.
Negotiate credit terms, costs, repayment methods and collateral specifications, within lending authority.
Maintain a thorough knowledge of commercial lending policies and procedures and keep up to date on regulation changes.
Actively promote BECU through community involvement and/or industry related organizations.
Perform additional duties, as assigned.
QUALIFICATIONSBachelor’s degree in business, finance or related field required, or equivalent work or educational experience. Advanced degree preferred.
Minimum of 7 years of experience in Commercial Real Estate (CRE) and Commercial & Industrial (C&I) analysis, underwriting and relationship management in financial institutions.
Minimum of 7 years of experience using a variety of analytical tools to spread financial statements, analyze credit quality, analyze balance sheets, assess cash flow, model base case and downside forecasts, evaluate risk and support credit approval.
Advanced analytical and problem solving skills in Commercial Real Estate (CRE) and Commercial & Industrial (C&I) lending, including in-depth knowledge of industry practices.
Advanced credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis experience.
Advanced knowledge of credit policies, procedures, practices and documentation.
Proficient verbal and written skills to effectively communicate.
Effective leadership and negotiation skills.
Full-time hours required, with additional hours as necessary.
EEO Statement:BECU is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status.
