VP Credit Underwriting and Portfolio Manager

Job Location US-DE-Wilmington | US-SD-Sioux Falls
Regular Full-Time


The Bancorp has more than 20 years of experience successfully developing and delivering complex banking products and services for our business partners and clients.  We are dedicated to serving the unique needs of non-bank financial services companies, ranging from entrepreneurial start-ups to those on the Fortune 500.  The Bancorp has been repeatedly recognized in the payments industry as the Top Issuer of Prepaid Cards in the US, a top merchant sponsor bank and a top ACH originator.  Specialized lending distinctions include being a National Preferred SBA Lender, a leading provider of securities-backed lines of credit, and one of the few bank-owned commercial vehicle leasing groups in the nation. 


The bank’s exceptional growth rate and our solid financial performance positions us as an industry leader offering outstanding opportunities to build a rewarding and lasting career. Our company’s success is largely fueled by our ability to attract and retain individuals who are driven to excel. The diverse team we have assembled has helped us build one of the most innovative financial technology companies in the world and no other organization does what we do or delivers what we can deliver. 


Due to our expanding client base, we are looking for a career minded individual who thrives in a fast-paced environment to fill our VP of Credit Underwriting and Portfolio Management Position. This opportunity will support the FinTech Solutions Group which offers an expanding suite of products such as ACH, Merchant Acquiring and Card Issuance.  This individual will focus on performing advanced level financial analysis and risk management functions in support of our expanding portfolio of new and existing enterprise business clients.    


Essential Functions

  1. Performs advanced level financial analysis and underwriting for covered business types and enterprise client relationships.
  2. Compiles advanced level written narratives quantifying financial and operational risk review results with accompanying recommendation to the Director of Credit & Risk and/or applicable approval committee.
  3. Works closely with new and existing clients to underwrite and manage risk activities supporting diverse client types and business models.
  4. Decisions high risk and certain types of applicants within pre-established guidelines and thresholds.
  5. Work directly with the bank’s business client base to conduct interviews and investigations necessary to perform financial analysis and portfolio management activities.
  6. Performs other duties as assigned.


Education/Experience Requirements

  • Undergraduate degree in finance, accounting, related field or an equivalent combination of training and experience.
  • Eight years’ financial statement analysis, commercial underwriting and commercial portfolio management experience.
  • Ability to read, understand and perform advance level reviews of corporate financial statements, corporate tax returns and business/personal credit reports.
  • Strong writing skills with the ability to compile advance level narratives to quantify financial statement analysis and risk attributes.

Employment with The Bancorp includes successfully passing a background check including credit, criminal, OFAC, education and past employment.


The Bancorp is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, among other things, or status as a qualified individual with disability.


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