IPP Portfolio Manager - Power & Utilities (Credit Risk)

Financeroles; Minneapolis (MN); On-site; USD 133,000 - 157,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and employer-funded retirement

Paid vacation

Up to 11 paid holidays

Adoption assistance

Sick and Safe Leave

Job summary

U.S. Bank is seeking a Portfolio Manager to lead credit oversight and portfolio management for a diverse IPP-focused book, spanning corporate revolvers, term debt, letters of credit, and non-recourse facilities.

You will partner with Relationship Managers to drive revenue growth while ensuring disciplined risk management across renewables, thermal, energy storage, and transmission assets. The role requires deep knowledge of project finance structures, strong analytical skills, and the ability to

Qualifications

• Bachelor’s degree or equivalent experience in a relevant field.
• 8+ years in corporate banking or project finance with energy sector focus.
• Experience managing complex credit portfolios with corporate and non-recourse structures.
• Strong credit judgment and risk governance capabilities.

Responsibilities

• Underwrite all types of credit account exposure.
• Manage assigned credit portfolio and related risk.
• Close new business and expand existing relationships.
• Collaborate with Relationship Management, Product, and Impact Finance teams.
• Provide customer service and participate in joint sales calls with RM(s).

Skills

Credit underwriting

Portfolio management

Financial modeling

Power market knowledge

Credit risk

Relationship management

Communication skills

Education

Bachelor's degree or equivalent experience

Job description

U.S. Bank is seeking a Portfolio Manager to lead credit oversight and portfolio management for a diverse IPP-focused book, spanning corporate revolvers, term debt, letters of credit, and non-recourse facilities.

You will partner with Relationship Managers to drive revenue growth while ensuring disciplined risk management across renewables, thermal, energy storage, and transmission assets. The role requires deep knowledge of project finance structures, strong analytical skills, and the ability to