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 Commercial Real Estate Portfolio Manager manages portfolio risk by ensuring timeliness and accuracy of all credit actions, by providing guidance on credit structure and risk rating decisions and by participating in pre-flight discussions. Coordinates work with Credit, Loan Administration, and other groups, promoting consistent quality and conciseness of credit documents and streamlining workflow among underwriting, credit approval and loan administration. Provides initial and ongoing training to existing and new credit analysts, keeping existing portfolio audit-ready and promotes efficiently and uniformity.

Responsibilities will include, but are not limited to:

• Overseeing accurate and consistent financial statements spreads, quarterly trend analyses, quarterly monitoring reports and covenant tests in accordance with bank spreading standards and credit policies

• Researching markets/property types and valuing commercial real estate loan collateral while working together within a team of underwriters

• Analyzing financial data and preparing comprehensive written analyses, analyzing portfolio credit quality, determining appropriate risk ratings, underwriting new loan originations, recasts, and modifications as well as preparing and presenting credit requests for credit approval

• Maintaining a compliance monitoring and financial statistic database that tracks credit agreement requirements, receipt of customer’s financial reporting requirements, and credit metric trends

• Providing guidance on credit structure and risk rating decisions and by participating in new deal discussions

• Assisting junior credit analysts with management of their assigned portfolio as well as providing reviews of underwriting and credit memos to promote consistent quality and conciseness of work products

Basic Qualifications

• Bachelor's degree, or equivalent work experience

• Seven to ten years of commercial lending experience

Preferred Skills/Experience

• Background in economics, accounting, and/or finance and ability to apply knowledge in those areas to understanding the overall lending and business environment

• Advanced knowledge of commercial lending policy, government agency compliance (Reg B, H, O, etc.), all applicable laws and regulations, credit quality standards, company and business line policies and procedures

• Advanced knowledge of credit products

• Advanced knowledge in commercial real estate lending facilities

• Strong analytical and problem-solving skills

• Strong leadership skills and ability to mentor others

• Well-developed written communication and verbal presentation skills

• Highly attentive to detail

• Proficiency in Microsoft Word and Excel

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: 

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 (some may vary based on role, location or hours):

• 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

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.

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: $116,280.00 - $136,800.00 - $150,480.00Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.