Commercial Credit Portfolio Manager

Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

nJob Description

nPosition Highlights

nnnThe Institutional Client Group (ICG) Portfolio Manager partners with ICG Relationship Manager(s) to successfully manage a portfolio of MidCap and Large Corporate Banking credit relationships in the professional services and contractor industries

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nnGrows revenue as directed by senior management by successfully closing new business relationships and retaining and expanding relationships with existing customers

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nnUnderwriting all types of credit account exposure, managing an assigned credit portfolio, successfully closing new business relationships and expanding existing relationships, managing credit risk and responding to prospect or customer credit questions and making independent calls on assigned portfolio of relationships

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n nBasic Qualifications

nnnBachelor's degree, or equivalent work experience

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nnEight or more years of relevant experience

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n nPreferred Skills and Experience

nnn12-15 years' experience, preferably at national or large regional banks

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nnStrong comfort levels of credit analysis on complex commercial and corporate credits ($100MM in Revenues and higher), preferably C&I loans and OORE (not CRE, dealer, equipment finance, wealth, or ABL)

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nnExperience with spreads, projections, determining credit ratings

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nnComfortable arguing in support or opposition of a credit request from the relationship team to portfolio management leadership or credit approvers

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nnWillingness to mentor less experienced PMs

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nnExceptional writing and presentation skills

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nnAble to oversee complex loan documentation with drafting counsel

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nnExperience underwriting asks from existing clients as well as new prospects

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nnComfortable underwriting large exposures (routinely close to or over $100MM)

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nnFamiliarity with banking policy and the ability to apply it to credit approvals

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nnFamiliarity with Moody's Credit Lens

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n nHybrid/flexible schedule

nThe role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

nIf there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants ( .

nBenefits:

nOur approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

nnnHealthcare (medical, dental, vision)

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nnBasic term and optional term life insurance

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nnShort-term and long-term disability

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nnPregnancy disability and parental leave

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nn401(k) and employer-funded retirement plan

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nnPaid vacation (from two to five weeks depending on salary grade and tenure)

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nnUp to 11 paid holiday opportunities

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nnAdoption assistance

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nnSick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

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n nReview our full benefits available by employment status here ( .

nU.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

nE-Verify

nU.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program ( .

nThe salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00

nU.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

nApplicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

nPosting may be closed earlier due to high volume of applicants.

Worksite address

minneapolis, MN, 55400, US

Who can apply

Review the original listing for work authorization, qualifications and employer requirements.