Corporate Banking Relationship Manager - Power & Utilities

Us Bank; New York (NY); On-site; USD 200,000 - 325,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and employer-funded retirement

Paid vacations

Paid holidays

Adoption assistance

Sick and Safe Leave

Job summary

U.S. Bank is seeking an experienced Relationship Manager to provide corporate coverage to a large portfolio of Utility clients within the Power & Utilities Division.

The role emphasizes prospecting and expanding client relationships across credit, capital markets and corporate products. Applicants should bring significant corporate finance and capital markets experience, a client‑facing advisory approach, and a track record of managing credit quality across a diverse portfolio.

Qualifications

• Bachelor's or Master's in finance, accounting or related field.
• Typically 12+ years of banking experience.
• 5+ years experience in Energy & Power industry.
• 3+ years of management experience.
• Experience managing a large portfolio of corporate clients.

Responsibilities

• Provide corporate coverage to a large portfolio of Utility clients.
• Prospect and expand client relationships across credit, capital markets and corporate products.
• Identify bank products and services to support client needs.
• Maintain capital commitments/credit quality across portfolio.
• Develop advisory approach with client-base.

Skills

Energy & Power industry experience

Portfolio management

Credit risk management

Corporate finance/capital markets

Relationship building

Leadership

Communication skills

Problem solving

Education

Bachelor's or Master's degree in finance or accounting

Tools

Treasury management

Corporate card

Derivatives knowledge

Credit underwriting

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

The U.S. Bank Power & Utilities Division is looking for an experienced Relationship Manager to provide corporate coverage to a large portfolio of Utility clients.

This client-oriented individual will be responsible for prospecting and expanding client relationships across credit, capital markets and corporate products. Through consistent client interaction, the Relationship Manager should be able to identify appropriate bank products and services to support client needs. Given capital intensity of sector, the Relationship Manager should have significant corporate finance/capital markets experience. The Relationship Manager should be focused on establishing an advisory approach with client-base while also maintaining responsibility for capital commitments/credit quality across the portfolio of clients.

Base pay for this role usually falls within $200,000 to $325,000. Additional considerations regarding base pay levels are based on candidate qualifications. Your compensation expectations will be discussed with a U.S. Bank recruiter if you are contacted to discuss the role further.

Basic Qualifications

• Bachelor's or Master's degree in finance, accounting or other related field
• Typically, 12 or more years of banking experience

Preferred Skills/Experience

• Five or more years experience within the Energy & Power industry
• Three or more years of management experience
• Considerable knowledge and experience in managing and growing a large portfolio of corporate clients (Power & Utilities preferred)
• Demonstrated experience in building relationships and credibility with internal stakeholders (portfolio management/credit risk management/product partners)
• Significant corporate finance/capital markets experience and ability to evaluate potential financing alternatives
• Strong knowledge of bank loan market (i.e., terms, pricing) and comfort with credit underwriting
• Experience with traditional bank operating products (treasury management, corporate card/payables, trust and custody)
• Working knowledge of derivative products (i.e., interest rates, commodities)
• Strong leadership and strategic management skills
• Excellent verbal and written communication skills
• Well-developed analytical, decision-making and problem-solving skills

Location expectations
This role requires working from a U.S. Bank location three (3) or more days per week.

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: $227,430.00 - 277,970.00

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.