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Job description
Cre Relationship Manager
Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.
The CRE Relationship Manager will be responsible for maintaining and developing lending relationships to support the bank in building and maintaining its solid credit portfolio. This will involve working closely with current and potential lending partners, borrowers, bank credit administration, chief credit officers, the Credit Committee, and bank management. The Relationship Manager will source, review, and present loan requests to Credit Committee members for preliminary approval.
You’ll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.
Primary Responsibilities:
- Assist with managing relationships with third-party lending partners
- Host and visit clients to deepen relationships, including as opportunities arise for conferences or site inspections associated with loan opportunities
- Evaluate, recommend, and complete due diligence for new lending opportunities and relationships with new lending partners
- Identify and implement operational efficiencies related to the lending product assigned
- Present new loan opportunities to the Credit Committee for approval
- Identify, evaluate, and implement efficiencies within the underwriting and closing function for the lending partners assigned
- Collaborate with Credit Administration, Underwriters, and Operations team to further develop templates and processes
- Create credit underwriting memos which analyze the credit request, the borrower, financial and credit information, repayment sources, risks and mitigation, collateral, and compliance with applicable regulations and policies
- Analyze and document loan modification requests
- Be knowledgeable of policies, guidelines, procedures, regulations and systems applicable to the credit function
- Ensure that loan files and documentation are complete
- Make, recommend, and present credit decisions to credit administration and credit committee through both effective written and verbal communication
- Assist with portfolio management and monitoring by ensuring documentation is received in a timely manner
- Develop and maintain positive relationships with internal and external clients
You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
Required Qualifications:
- Bachelor’s degree in Finance, Accounting, Economics, or Business from an accredited institution
- 5+ years of experience analyzing business and personal financial statements associated with loan requests
- 5+ years of experience underwriting commercial loans, including commercial real estate loans
- 3+ years of experience working in credit or lending role with a commercial bank
- 2+ years of experience managing relationships with Borrowers or third-party lending partners
- 2+ years of experience making or recommending credit decisions on transactions > $5 million
- 2+ years of experience underwriting commercial real estate loans and reviewing loan documents
- Ability and willingness to travel up to 15%
- Driver’s License and access to reliable transportation
Preferred Qualifications:
- Advanced degree in a business related field from an accredited institution (MBA, MRED, MSF, MACC, etc.)
- Completion of a formal commercial credit training program
- Experience working out problem loans. We don’t have many, but the experience makes better lenders
Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you’ll find a far-reaching choice of benefits and incentives. The salary for this role will range from $91,700 to $163,700 annually based on full-time employment. We comply with all minimum wage laws as applicable.
Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.
UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.
UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.
