Commercial Portfolio Manager

U.S. Bank; Fargo (ND); Hybrid; USD 93,000 - 109,000; Full time

Benefits offered by this job

Healthcare

Life insurance

Disability insurance

Paid vacation

401(k) plan

Paid holidays

Parental leave

Adoption assistance

Job summary

U.S. Bank is seeking a professional to manage Corporate Payment Systems (CPS) credit risk within policy parameters. You will underwrite CPS customers, qualify credit lines, and manage portfolios while supporting Sales and Relationship Managers in credit discussions.

Ideal candidates have 3–5 years in commercial banking, with strong analytical and communication skills and knowledge of credit quality standards and related regulations.

Qualifications

• Bachelor's degree (preferably in Finance or Accounting), or equivalent work experience.
• Three to five years of commercial banking or relevant experience

Responsibilities

• Manages CPS credit risk within bank policy and historical loss rates.
• Underwrites CPS customers and qualifies them for credit lines across industries.
• Provides customer service by participating in joint calls with Sales/Relationship Manager(s) on credit issues

Skills

Credit risk

Relationship management

Analytical skills

Problem solving

Verbal communication

Education

Finance/Accounting degree

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.

Job Description

Position Highlights

• Manages Corporate Payment Systems (CPS) credit risk within the parameters of established Bank credit policy and historical CPS loss rates for new and existing business relationships
• Underwrites CPS customers and qualifies them for credit lines across a wide range of industries, manages assigned credit portfolios, approves credit for new business relationships and expanding existing relationships manages credit risk and responds to prospective or existing customer credit questions, and exercises independent judgment on assigned portfolios
• In addition, provides customer service by participating in joint customer calls with Sales and Relationship Manager(s), when credit issues arise

Basic Qualifications

• Bachelor's degree (preferably in Finance or Accounting), or equivalent work experience
• Three to five years of commercial banking or relevant experience

Preferred Skills And Experience

• Advanced knowledge of applicable laws and regulations, and company and business line policies and procedures
• Advanced knowledge of credit quality standards and industry-specific credit products
• Strong relationship management and business development abilities, in order to capitalize on both new and existing relationship opportunities
• Strong analytical and problem-solving skills
• Ability to work effectively with individuals and groups across the company to manage customer relationships
• Well-developed written communication and verbal presentation skills

Hybrid/flexible schedule

The 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.

If 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.

Benefits

Our 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:

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.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.

E-Verify

U.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.

The 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: $92,820.00 - $109,200.00

U.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.

Applicants 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.

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