SBA Portfolio Manager 3

U.S. Bank; Minneapolis (MN); On-site; USD 111,000 - 131,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Disability coverage

Pension plan

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking an SBA Portfolio Manager to partner with Relationship Managers to manage the SBA loan portfolio and relationships. You will analyze financial data, assess credit quality, and guide clients to expand existing relationships while mitigating risk.

This role requires working from a U.S. Bank location at least three days a week and involves a comprehensive benefits package. The role supports Business Banking with a focus on profitability and growth, including preparing written

Qualifications

• Bachelor's degree or equivalent work experience.
• Five to eight years of Business Banking experience.
• Strong analytical and problem-solving abilities.
• Knowledge of bank products and services to deepen relationships.
• Knowledge of credit administration, analysis, and policy.
• Understanding of complex financial accounting and analysis.
• Ability to collaborate with teams across the company.
• Excellent verbal and written communication skills.
• Experience in SBA lending or SBA portfolio management.

Responsibilities

• Manage SBA relationships and loan portfolio with Relationship Managers.
• Analyze financial data and prepare written analyses.
• Monitor credit quality within the portfolio and address risks.
• Identify opportunities to deepen existing client relationships.

Skills

Analytical skills

Problem solving

Verbal communication

Written communication

Cross-functional teamwork

SBA lending experience

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

SBA Portfolio Managers partner with assigned Relationship Manager(s) to successfully manage SBA relationships and the SBA loan portfolio. Contributes to the profitability and growth of Business Banking by retaining and expanding relationships with existing clients. Responsibilities may include analyzing financial data and preparing comprehensive written analysis, managing credit quality within the team’s credit portfolio, providing guidance to customers, identifying and successfully capitalizing on opportunities to deepen and expand existing relationships, managing credit risk, and responding to prospect or customer credit questions.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Five to eight years of Business Banking experience

Preferred Skills/Experience

• Well-developed analytical and problem-solving skills
• Basic knowledge of bank products and services that results in successfully capitalizing on all opportunities to deepen the relationship
• Basic knowledge of credit administration, analysis, and credit policy/procedure
• Demonstrated understanding of complex financial accounting and analysis
• Ability to work effectively with individuals and groups across the company to manage customer relationships
• Effective verbal and written communication skills
• Experience in SBA lending or SBA portfolio management

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: $111,095.00 - $130,700.00

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.