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Bank of Utah · 2 days ago

VP Relationship Manager III

Orem, UT

Full-time

Onsite

Director/Executive

15+ years exp

Bank of Utah is one of Utah’s largest privately owned community banks, recognized for its rapid growth and commitment to community values. The VP Relationship Manager III is responsible for originating, structuring, and managing complex commercial lending relationships, ensuring the quality and growth of the loan portfolio while providing leadership and contributing to strategic initiatives.

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Culture & Values

Responsibilities

Originate Commercial Loans. Commercial lender responsible for actively prospecting, developing, and acquiring new commercial banking relationships, with a focus on originating both C&I and owner- and investor-occupied CRE loans. Originate loans by responding to inquiries from existing and prospective customers and structuring transactions to meet client needs while aligning with credit policy. Underwrite and evaluate loan requests through cash flow analysis, global financial analysis, collateral evaluation, and comprehensive risk assessment. Prepare credit approval memoranda and loan presentation packages, communicate credit decisions and structure modifications, and negotiate loan terms including pricing, rates, fees, and covenants. Manage due diligence and documentation requirements, maintain ongoing credit files, and coordinate loan closings in collaboration with credit, legal, and operations teams

Evaluate and renew current Commercial Loans. Analyze existing Loans for renewal and/or structural change. Prepare Loans for presentation and approval

Monitor financial status of accounts. Review credit files and update changes in financial status. Review and coordinate exception report resolution. Follow up Loan tickler & covenant tracking reports. Review files for examination purposes

Marketing. Contact existing customers to augment existing service relationship. Contact potential customers to establish relationships for current and future business. Develop "Game of work" strategies to stimulate total Bank marketing effort

Problem Loan resolution and collections. Initiate phone calls to past due Loan customers. Collect on chronic delinquent accounts at time of repossession, liquidation or foreclosure of collateral. Monitor past due and payment reports

Supervise Loan secretaries. Coordinate work responsibilities of Secretaries. Develop teamwork amongst group. Evaluate performance. Assist in conflict resolution

Other duties as assigned

Qualification

Commercial Lending ExperienceFinancial Statement AnalysisRisk ManagementBusiness AdministrationCredit AdministrationMathematical CompetenceIndependent ThinkingInterpersonal SkillsWritten CommunicationVerbal Communication

Required

Minimum 15 years Commercial Lending Experience

College education or equivalent experience including: accounting principles; economics, including Micro and Macro theory, and Money and Banking; management principles; business law; and principles of financial management

Other educational experience regarding: principles of bank operations; analyzing financial statements; bank investments; credit administration; and business administration

Interest in People with a sincere desire to help; curiosity; thoroughness; written and verbal communication skills; competence in math to at least the algebraic level; independent thinker; constructive; courageous; resourceful, imaginative, and innovative; cautiously aggressive; and skilled in interpersonal relationships