Senior Commercial Portfolio Manager

Applicants are encouraged to apply by July 13, 2026, at 5:00 PM PST. Job postings are subject to close early or extend longer than the anticipated closing date. We recommend applying as soon as possible.

Where You Will Work: Remote role open to candidates residing in Washington (WA) or Oregon (OR). (Branches)

Pay Range: The target annual pay range for this position is $104,632 - $118,900. The full annual pay range is $95,120 - $142,680.

• Compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer of employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role.

Job Overview:

This position is responsible for supporting the Commercial Lending Team by handling all aspects of commercial loan portfolio management as it relates to the portfolio of loans. Performs both technical and administrative duties.

What You’ll Do: 

• Supports Commercial Loan Officers in the management of existing commercial credit relationships and partners with the Commercial Loan Officers in support of new relationships. 
• Serves as the primary point of contact for existing borrowing relationships. 
• Partners directly with the commercial lending team to ensure timely annual reviews, document performance against covenants and conditions, and assists CLO in monitoring and developing action plans for deteriorating credit relationships (i.e., watchlist reports, problem loan status reports, etc.) 
• Collects updated information, analyzes data, and creates periodic loan review memorandums with risk upgrade or downgrade recommendations with assistance from the CLO, as needed. 
• Creates, coordinates, and reviews annual review memorandums, property inspections, and commercial real estate evaluations for accuracy and further approval recommendations. 
• Underwrites, structures, and helps document new loan and modification requests for existing client relationships above a designated threshold; generally the most complex and largest credit relationships and circumstances (i.e., C&I, construction, etc). 
• Manages relationships with loan participation partners and provides research and underwriting for new participation loan requests. 
• Seeks cross-sell opportunities and directs members to other services and products offered by the credit union to meet the needs of the business relationship. 
• Performs all due diligence required including the review of financial, entity, legal and other documents prior to credit submission to protect credit union resources. 
• Supports the CLO in the management of the assigned portfolio by monitoring performance and trends, proactively defining credit relationship solutions, identifying issues and developing remediation, underwriting and providing credit approval recommendations as designated.
• Supports the CLO in developing and maintaining special reports as needed for commercial lending team to monitor risk, realize opportunities, and aid in department and portfolio allocation and management.
• Helps support and train Commercial Portfolio Managers with financial spreads, credit memorandums, annual reviews, and loan documentation.
• Assists in ensuring the department adheres to all state/federal regulations, policies, and procedural guidelines. Provides feedback to commercial lending policy and procedural updates and revisions, as required. Remains current on industry, market trends and changes to regulation.
• Acts as a backup for the Commercial Credit Manager when needed.
• All other duties as assigned.

When You'll Be Working:  Monday - Friday 8:00am - 5:00pm. Full-time 40 hours a week.

Qualifications: 

• Minimum seven (7) years loan underwriting experience, ideally in commercial underwriting and analysis within a financial institution.

Bonus Points If You Have:

• Bachelor’s degree in Business, Finance, Accounting, or a related field.
• RMA Lending Certifications.

What You’ll Bring:

Total Rewards: 

This position is eligible for Full-Time Regular benefits. Employees and their eligible family members have access to a wide array of employee benefits, such as medical, dental, vision and life insurance coverage.

• Includes an option for Medical, Dental, and Vision insurance to be paid at a 100% by company for the employee only coverage. 
• We also offer Health Care FSA (HCFSA), Health Savings Account (HSA) with employer contributions, and Dependent Care FSA (DCFSA).
• Employees also have access to Life and AD&D insurance.
• Employees are able to enroll in our 401k plan.
• Full-Time Regular employees accrue 8 hours of vacation and 8 hours of sick leave, on a monthly basis. 
• Full-Time Regular hired employees also receive 11 paid holidays throughout the calendar year, 1 floating holiday, 16 hours of self-care time, and 16 hours of volunteer time.

All benefits except 401k start the first of the month following date of hire. Employees become eligible to contribute to 401k on the first of the month following 60 days of employment.