Portfolio Manager - Institutional Client Group - Automotive

U.S. Bank; Cincinnati (OH); On-site; USD 112,000 - 131,000; Full time

Benefits offered by this job

Healthcare

401(k) plan

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking a Portfolio Manager to partner with Relationship Managers and oversee a Corporate Banking credit portfolio. The role focuses on underwriting, portfolio management, and closing new business while expanding existing relationships.

Strong knowledge of lending standards and excellent communication skills are essential, with a track record in relationship-building and driving revenue in a banking environment.

Qualifications

• Bachelor's degree or equivalent work experience.
• Six to eight years of relevant experience.
• Advanced knowledge of commercial/corporate lending and credit standards, policies, procedures and products.
• Strong relationship management and business development skills.
• Excellent presentation, verbal and written communication skills.

Responsibilities

• Underwriting all types of credit account exposure.
• Managing an assigned credit portfolio.
• Closing new business relationships and expanding existing relationships.
• Managing credit risk and responding to credit questions for assigned portfolio.

Skills

Relationship management

Business development

Analytical thinking

Communication skills

Presentation skills

Education

Bachelor's 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

The Portfolio Manager partners with Relationship Manager(s) to successfully manage a portfolio of Corporate Banking credit relationships. Grows revenue as directed by senior management by successfully closing new business relationships and retaining and expanding relationships with existing customers.

Responsibilities

• 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
• Six to eight years of relevant experience

Preferred Skills/Experience

• Advanced knowledge of commercial/corporate lending and credit standards, policies, procedures and products
• Strong relationship management and business development skills
• Strong analytical and problem-solving skills
• Excellent presentation, verbal and written communication skills

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
• 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

Pay Range: $111,605.00 - $131,300.00

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.

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).

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.

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 you excel at—