Portfolio Manager - Asset Based Lending

US Bank; Dallas (TX); Hybrid; USD 110,000 - 170,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and employer-funded retirement

Paid vacation

11 paid holidays

Parental leave

Disability benefits

Job summary

U.S. Bank is seeking an experienced ABL Portfolio Manager to partner with Relationship Managers and Business Development Officers to manage a portfolio of ABL credit relationships.

You will monitor credit risk, ensure compliance, and support underwriting and transaction execution. You will deepen customer relationships through regular meetings, identify cross-sell opportunities, mentor junior team members, and coordinate with internal partners.

Qualifications

• Bachelor's degree or equivalent work experience.
• Eight or more years of relevant experience.

Responsibilities

• Manage an assigned portfolio of ABL credits, including direct/agented facilities and purchased participations.
• Monitor and manage credit risk across all assigned customer relationships.
• Ensure full adherence to bank policies and regulatory requirements.
• Respond promptly to customer credit requests and underwrite ancillary exposure.
• Assist Underwriting with new business transactions as needed.
• Conduct regular customer meetings to deepen relationships and identify cross-sell opportunities.
• Escalate credit concerns to senior management and coordinate legal documentation.
• Mentor and train junior team members and collaborate with internal partners.

Skills

Relationship management

Analytical thinking

Problem solving

Presentation skills

Team collaboration

Travel - less than 10%

Education

Bachelor's degree or equivalent

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 ABL Portfolio Manager partners closely with Relationship Managers and Business Development Officers to effectively manage a portfolio of ABL credit relationships. The role supports revenue growth by deepening existing customer relationships and collaborating with Underwriting to close new business opportunities. Manages an assigned portfolio by monitoring credit risk, ensuring compliance, and supporting customer credit needs through underwriting and transaction execution while partnering with internal teams. Builds and maintains strong customer relationships, escalates risk concerns, collaborates across functions, and supports team development through mentoring and training.

Job Description:

Portfolio & Risk Management

• Manage an assigned portfolio of ABL credits, including direct/agented facilities and purchased participations.
• Monitor and manage credit risk across all assigned customer relationships.
• Ensure full adherence to bank policies and procedures, regulatory requirements, and compliance standards.

Customer Support & Credit Execution

• Respond promptly to customer credit requests.
• Underwrite ancillary credit exposure to support customer needs.
• Assist the Underwriting team with new business transactions, as needed.

Customer Relationship Development

• Conduct regular customer meetings to deepen relationships and identify cross sell or expansion opportunities.
• Serve as a key point of contact for credit related discussions and problem resolution.

Internal Communication & Collaboration

• Escalate credit concerns clearly and efficiently to senior management.
• Review, negotiate, and coordinate legal documentation with customers, counsel, and internal partners.
• Partner with operations, field examination, appraisal, and compliance teams to ensure accurate reporting and loan monitoring.

Leadership & Team Development

• Mentor and provide training support to junior team members, contributing to the development of the broader ABL team.

Basic Qualifications:

• Bachelor's degree or equivalent work experience.
• Eight or more years of relevant experience.

Preferred Skills/Experience:

• Travel is required less than 10% of time.
• Three or more years of ABL portfolio management experience.
• Extensive knowledge of ABL commercial/corporate lending and credit standards, policies, procedures and products, including financial statements, field exams, appraisals, and borrowing bases.
• Strong relationship management and business development skills.
• Strong analytical and problem-solving skills.
• Excellent presentation, verbal and written communication skills.
• Ability to work effectively in a fast-paced, team-oriented environment.

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:

• 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.