AVP Portfolio Manager II

About the Opportunity

Thank you for considering a position at Bank of Utah. Our company, founded in 1952, is one of Utah’s largest privately owned community banks. We were recognized as Nasdaq’s Best Bank in Utah for 2025 and as a Top 100 Fastest Growing Company.

Responsibilities

• Evaluate individual credits for compliance with underwriting guidelines and accuracy of risk rating
• Analyze bank’s loan portfolio for deterioration in quality
• Research local and national economic trends and interpret the potential impact on the loan portfolio
• Spread customer financial statements and evaluate risks in the loan portfolio
• Prepare management reports on the status of the loan portfolio

About You

Job Qualifications:

• BS Degree (Masters preferred) in Accounting or Finance or equivalent work experience
• Great computer skills in a Windows environment with proficiency in Word and Excel
• Strong analytical, oral and written communication skills
• Minimum of 5 years of experience in underwriting and 3 years in portfolio monitoring and customer interfacing
• Ability to work effectively in a team setting
• High speed and accuracy in meeting customer and team needs

Benefits

Bank of Utah offers a comprehensive benefits package, including:

• Monday-Friday schedule for great work-life balance
• Competitive pay and benefits, medical, dental, vision plans
• 401(k) plan with match up to 5% in employee stock ownership program
• 12 paid bank holidays + paid time off, including paid parental leave
• Volunteer opportunities to make a difference in the community
• Awards and recognition for living the bank's values

About Company

Our mission is to unlock the potential of our team members, clients, and community. We strive to act with integrity, build trust, and exceed expectations while creating lasting prosperity.

Job Description

Review Bank Loans. Critique and evaluate loans for deterioration in credit quality. Scrutinize individual loan files for compliance with Bank policy, federal regulations, completeness and accuracy of loan documents, financial strength of borrower, strength of collateral position, and accuracy in risk grading. Identify weaknesses in credits for potential problems and/or losses and recommend corrective actions.

Research economic information and monitor economic trends in major industries affecting the loan portfolio. Analyze borrower's financial position, spread financial statements, and prepare written summaries for use by Loan Officers. Conduct full loan analysis, including industry and local economic trends and risks of selected borrowers.

Prepare various management reports, conduct annual evaluations of large credits, and perform examinations of individual loan officer and branch loan portfolios. Attendance is an essential function of the job.

Other duties as assigned.