Portfolio Manager - Industrials and Packaging, Institutional Client Group

U.S. Bank; Minneapolis (MN); On-site; USD 120,000 - 141,000; Full time

Job summary

U.S. Bank is seeking a seasoned Commercial Banking professional to manage credit relationships and drive revenue growth in line with senior management guidance.

You will underwrite credit exposures, oversee a portfolio of accounts, and help retain and expand client relationships. In addition to credit responsibilities, you will provide customer service, participate in joint sales calls with Relationship Managers, and help identify client needs to deliver tailored solutions.

Qualifications

• Bachelor's degree, or equivalent work experience.
• Seven to ten years of commercial banking experience.
• Extensive knowledge of commercial lending policy, applicable laws and regulations.
• Strong relationship management and business development abilities.

Responsibilities

• Underwrite all types of credit account exposure and manage a credit portfolio.
• Close new business relationships and expand existing ones; manage credit risk.
• Provide customer service and respond to credit questions; make independent calls on portfolio.
• Participate in joint sales calls with Relationship Manager(s) and identify customer needs.

Skills

Relationship management

Credit products knowledge

Analytical skills

Team collaboration

Written and verbal communication

Education

Bachelor's degree or equivalent work experience

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

Partners with assigned Relationship Manager(s) to successfully manage Commercial Banking credit account relationships. Grows revenue as directed by senior management by successfully closing new business relationships and retaining and expanding relationships with existing customers. Responsibilities include: underwriting 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. Secondarily, provides customer service, participates in joint sales calls with Relationship Manager(s) and identifies customer needs.

Basic Qualifications

• Bachelor's degree, or equivalent work experience


• Seven to ten years of commercial banking experience

Preferred Skills/Experience

• Extensive knowledge of commercial lending policy, all applicable laws and regulations, credit quality standards, company and business line policies and procedures


• Strong relationship management and business development abilities, with thorough knowledge of credit products


• 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

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.

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: $119,765.00 - $140,900.00

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